Despite the experience of an almost overwhelming first year, and the subsequent demise of big-ticket M&A, nothing yet requires change in the Latham & Watkins business plan for Spain, says managing partner José Luis Blanco.
The goal of multinational development institutions may be praiseworthy but often the application of their policies leaves much to be desired, says Ricard Fornesa Ribó, President of La Caixa.
Recent reforms have opened the way for non-lawyer partners and external investment in UK-based law firms but they may not necessarily take advantage of all that is on offer, says Stephen Denyer, International Development Partner
Iberia's law firms assess the potential of more performancerelated remuneration schemes
Whilst Human Resources (HR) and the issue of how to recruit and retain the best young lawyers continues to be a hot topic amongst law firms, the issues for in-house legal teams remain largely unknown.
The role of in-house lawyers is changing continually, according to participants at a recent high profile conference in Madrid.
The Iberian deal market has seen a definite slow down in the scale of transactions, say lawyers, nonetheless opportunities remain for those that can adapt to the new environment.
The Portuguese Government has, recently, approved a proposal to reduce the standard rate of the Value Added Tax (VAT) from 21% to 20%, with effects from July 1 onwards.
Barcelona's industry is responding to global competition by putting an emphasis on skills, technology and efficiency, says Juan Ramón Ramos, Landwell managing partner based in Madrid and Barcelona.
The clear strategy defined by Barcelona to develop as a quality tourist destination is successfully seeing a continuing flow of creative developments and international investment, says Xavier Junquera at Baker & McKenzie.
