Taking on the world

The downturn affecting Spain and Portugal is not the only driver of the current international expansion of Iberia’s major business, but it is certainly encouraging them to look more carefully at foreign markets, say Spanish and Portuguese lawyers.

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Latin America: adapting to local realities

Latin America remains a favoured destination for Spanish and Portuguese businesses, who have invested heavily over recent decades, but regional variations in investor attraction continue to exist.

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The two faces of Baker & McKenzie

The current economic situation is presenting new prospects for Baker & McKenzie in Spain believe Luis Briones and Esteban Raventós, respectively the Managing Partners of the firm's Madrid and Barcelona offices. There is now a window of opportunity within which to expand its profile among the country's major domestic businesses, they say, and they are starting by making high profile hires. The original "global" law firm, the start of the decade saw some question its cohesion, but recent years have seen renewed focus on re-applying the glue binding offices.

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Time to change?

With the increasing pressure on legal costs, both General Counsel and Managing Partners alike are exploring new options for providing more efficient and cost effective services.

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Betting on a new law firm model

The current economic environment is presenting an opportunity to test the strengths of established legal business principles. The idea that big is better, of the merits of highly leveraged teams and broad practice spreads are all open to question, say some. Now that the economy has turned there is the potential for some law firm structures to become stranded, leading some to bet on new law firm models.

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Triumphing through adversity

Gómez-Acebo & Pombo is a law firm in transition. Recent years have seen Spain’s fourth largest firm undergo radical change as it seeks to re-stake its claim to be among the country’s pre-eminent law firms. Managing Partner, Manuel Martín, suggests that while the firm may once have lost its focus, the success now being achieved stems from the consensus of opinion and unity that now characterises the partnership.

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