Despite reports of green shoots in the Spanish economy, many of Madrid’s law firms remain sceptical, but nonetheless optimistic that they can weather the economic storm.
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The global financial crisis is clearly impacting on the Iberian economy, unemployment in Spain has reached around 14.4% with 3.3 million now jobless, and the slowdown is inevitably also beginning to impact on neighbour Portugal, of which
In light of the recent economic events that have shaken the global economic system, the corporate world is seeking ways to cut costs and avoid insolvency with many companies inevitably looking to restructure.
For a managing partner, Hugo Écija exudes rare confidence in these times. The reason being that his firm Écija is about to enter a bold new stage. It has felt relatively little impact from the
For Jochi Jiménez, General Counsel and Compliance Officer at HCC Global Financial Products (HCC Global), the global economic crisis is bringing changing legal requirements, opportunities and risks.
Law firms placing increased emphasis on building international links
In a period in which many law firm practices may be suffering as a result of the difficulties affecting the Iberian, and wider European, economies, Iberian Lawyer’s 2008 IP Communications and Life Sciences Report reveals
Lawyers new emphasis on projects and finance With concerns about the continuing dynamism of the world economy, in line with the prolonged fall-out of the global credit crunch, there is now more open comment among
Opportunities but also major challenges ahead
Most lawyers are happy to remain self-regulating, say the Group of Experts, with doubts over the prospect for outside investment in firms.
