Featured articles...
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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 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 |
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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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