In the current climate where Iberian markets are in crisis, some say the only way to survive is by having a strong international presence either through own offices abroad or being part of an international organisation.
As law firms battle through the crisis, everyone has to dig in and do their part. While no one can be sure what challenges the future will bring, for Iñigo Gómez-Jordana, Managing Partner of Allen & Overy Spain, striking the right balance between management, leadership and fee-earning is key.
Crossing from private practice to in-house is a well proven path. However, moves in the opposite direction have not always been as successful. The advantage for Gonzalo Jiménez-Blanco, Managing Partner of Ashurst Spain and Head of its International Finance Practice, is that he knows a thing or two about what in-house counsel want from their external law firms.