News Focus

Monday, 04 July 2011 10:12

Magicians required

p16-17_MAGIC_HATThe prospective bailout of Portugal by the “troika” of the European Union (EU), European Community Bank (ECB) and IMF (International Monetary Fund) may not be cause for celebration but it at least brings certainty to the country’s finances, say lawyers in Lisbon. It requires however the newly elected Social Democratic-led Government of Pedro Passos Coelho to complete an ambitious trick, to overcome vested business and political interests and achieve a dramatic financial turnaround.
Monday, 25 April 2011 13:31

The end of the affair?

heartThe announcement in February that Madrid-based Eversheds Lupicinio was to leave the Eversheds International network and strike out on its own, followed by the decision of competition boutique Martínez Lage to regain its independence, has once again brought into question the relative merits of exclusive ties between national firms and global networks.
Wednesday, 02 March 2011 09:51

Seeking new frontiers

paper boat_no_photosLaw firms like their clients are looking to new markets to balance declining or at best flat revenues at home. For some this means a greater focus on established markets, forging new alliances or even rethinking the way they approach their international operations. In certain parts of the world there may still be a “land grab”, but firms seeking to build their international profile also wish to do it in a more collaborative way.
Tuesday, 04 January 2011 15:39

Looking around corners

A recent series of events bringing General Counsel and law firm Managing Partners in London, Madrid and Washington DC together, organised by Iberian Lawyer with IE Law School as part of the Lawyers’ Management Programme (LMP), indicates that since the onset of the financial crisis, the pendulum has firmly swung in favour of the buyers of legal services and away from the sellers. It is, suggest some, a total reversal of the situation seen only a few years ago at the height of the boom years
Monday, 29 November 2010 18:43

The great escape

The economic downturn has put pressures on law firms few Managing Partners could have imagined in the summer of 2007 when the first tremors of the sub-prime crisis emerged. Practice growth has been restricted or non-existent and firms have had to reassess how they balance their size, shape and service offerings to the new “normal” market conditions.
While some may believe that increasing regulation is the best remedy for the financial crisis, Iberian Lawyer finds that businesses and law firms alike are reluctant about the prospect of facing more law.
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