Frederico Gardete Correia looks ahead to the sectors set to shape the legal market through 2030

In the article “From energy to defence: where will the legal business be by 2030?”, published by Advocatus, Frederico Gardete Correia, director of Business Development & Client Care at Morais Leitão, comments on the sectors and trends expected to generate greater demand for legal services in Portugal over the coming years.

In his comments to the publication, Frederico Gardete Correia highlights energy as an area that is expected to remain central through 2030, in a context shaped by decarbonisation targets, the expansion of renewable energy and new investment in grids, storage, electric mobility and green hydrogen.

Defence is also expected to gain greater prominence in the coming years. According to Frederico Gardete Correia, the current geopolitical context and the strengthening of national and European capabilities are likely to increase demand for legal support in areas such as public procurement, industrial and technological partnerships, compliance, data protection and sector-specific regulation.

The article also looks at the evolution of the legal market itself. In Frederico Gardete Correia’s view, the transformation of legal practice will result from the combination of artificial intelligence, as a driver of efficiency and quality, and the move towards multidisciplinary firms capable of integrating legal expertise with areas such as technology, finance, risk management and compliance.

This model will make it possible to provide more integrated solutions and support clients in complex transactions and structural transformation processes, while also creating new challenges in areas such as governance, professional ethics, independence and conflicts of interest.

Read the full article below.