Spanish market not comparable to London or New York in terms of fees – law firms find it difficult to charge domestic clients the rates they charge in other jurisdictions
Asset prices are going up in Spain as investors compete to make acquisitions, an environment that has led to the emergence of new sources of finance, says Carlos Blanco, Madrid managing partner at Roca Junyent.
Law firms striving to meet the increasingly sophisticated demands of clients will benefit by incorporating new technology into their internal processes
Political uncertainty caused by Brexit and the crisis in Catalonia has resulted in an increase in investment in Madrid, according to Alberto Ruiz-Gallardón, senior partner of the Madrid-based firm Ruiz Gallardón Abogados.
Companies from across Europe are currently considering investment in Latin America, but understanding cultural differences is a vital part of providing effective legal advice
Latham & Watkins’ Madrid office is set to recruit another partner from DLA Piper, with EU & competition specialist José María Jiménez-Laiglesia scheduled to join the firm in September.
Investors are battling for the best assets in Iberia and this is generating plenty of work for lawyers, but such work is not always as profitable as law firms would like
Spain is one of the most active markets for non-performing loan (NPL) sales because there are many sellers willing to divest in this type of product in order to improve their balance sheets, says Marcel