Pedro Rebelo de Sousa, Managing Partner of SRS Legal:
"2023 is shrouded in uncertainty following what is the end of 2022. There is still no end in sight for the war in Ukraine, the key rates of the main central banks continue to rise, but with no proven relevant impact on lowering inflation. We may experience a period of probable stagflation, which will bring unpleasantness in the short and medium term.
Historically, in scenarios of uncertainty, professional services companies - where we are included - record increased volumes of work. Lawyers do not live off conflict, but use it to reach agreements to serve and represent their clients. We may therefore see another year of professional growth in 2023."