As well as bringing threats, recent years have shown that a crisis can also bring welcome opportunities for change. The challenge for lawyers is, of course, in understanding how best to navigate away from the first while embracing the second.
This summer has seen a major test of Spain’s banking system following the restructuring of the country’s savings banks (cajas) with the listing of two new banks – the first major Spanish IPOs since 2007 –
The 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 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,
Law 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
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 (
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
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.