“All tradition is merely the past,” claimed the renowned writer Jiddu Krishnamurti and this has clearly been one of the core cultural traits among many Portuguese law firms; often founded by charismatic lawyers with a clear set of ideologies but with little thought towards issues such as internationalisation, branding or succession planning.
Agustín Bou, Managing Partner and Head of Restructuring of Spanish firm Jausas, is a man with a clear mission. His goal is to expand his firm’s capabilities and specifically to develop its practice and profile in the Spanish capital, Madrid.
Deloitte Abogados is a firm in which many of its major strengths can also be seen as its biggest weaknesses. In Spain it now has more than 530 lawyers but which have historically been in the shadows of its more high-profile auditing and consulting practices. Its scale underscores the two sides of Deloitte. Firstly, it shows just how large and diverse the legal arm is but, simultaneously, how many in the market remain unaware of its capabilities.
Clifford Chance is celebrating 30 years in Spain having been one of the first international law firm arrivals in the country. It is now firmly established among the top tier in both Madrid and Barcelona but the performance of the Spanish practice is increasingly measured by how well it connects internationally.
The departure of two of Portugal’s most prominent corporate lawyers from leading Lisbon law firms at the end of 2009 has prompted the creation of a significant new player in the Portuguese corporate legal market. It is intentionally small but already competing with the largest and best-established firms. And despite the stellar lineup it is a partnership of equals, they insist.