Spain as a legal epicentre

Spain as a legal epicentre

by ilaria iaquinta

The transformation of the legal landscape in Spain has captured international attention, establishing the country as a key reference point for foreign law firms. In particular, Latin American firms are choosing Spain as their operational base in Europe, creating a strategic hub that facilitates expansion and knowledge exchange across the continent. This growing interest is no coincidence. Spain offers a unique combination of advantages that make it an attractive destination for international legal firms. Its robust legal infrastructure, which includes an efficient judicial system and a network of highly qualified professionals, provides a safe and reliable environment for legal operations. Additionally, Spain's geographical position, at the crossroads between Europe, Africa, and Latin America, makes it a natural connection point for firms seeking global expansion.

?Cultural and linguistic affinity with Latin America also plays a crucial role. Similarities in language and customs facilitate integration and communication between Spanish and Latin American firms, creating a natural bridge for collaboration. This cultural connection allows for a better understanding of the needs and expectations of Latin American clients, offering a more personalised and effective service.

?Furthermore, the evolution of European regulations and the growing demand for specialised legal services in areas such as technology, sustainability, and mergers and acquisitions have reinforced Spain's relevance on the global legal map. The ability of Spanish firms to quickly adapt to regulatory changes and provide advice on complex and emerging issues has consolidated their position as leaders in the sector. Adaptability and constant innovation are key to maintaining and strengthening Spain's position as a legal reference point. It is crucial that firms continue to evolve and respond to new market demands, leveraging their experience and knowledge to lead in an increasingly competitive and changing global environment.

?In this issue of Iberian Lawyer, we explore key dynamics of the Iberian legal sector through several featured articles. We begin with an analysis of legal firms in Spain and Portugal that have moved to larger, more modern premises to support team growth and operate in more sustainable spaces.

?Next, we address Banco BBVA's OPA proposal for Banco Sabadell, examining its legal and financial implications. We also interview Teresa Zueco, managing partner of Squire Patton Boggs in Spain, about the firm's growth and future plans. In the realm of telemedicine, we analyse its expansion and the most relevant legal issues in the post-pandemic era. We dedicate two specials to recent Iberian Lawyer events: the "Legal Tech Day" in Madrid, which explored the ethics and regulation of artificial intelligence, and the event in Porto "Empowering Lawyers: Unlocking The Power of Business Language," focused on business language in the legal field. We speak with Mafalda Barreto, managing partner in Lisbon of Gómez-Acebo & Pombo, about the strategy behind the firm's recent hires. In the in-house sector, we interview Carlos Ulecia of Minor Hotels and Antonio García Martinez of Masorange about their challenges and strategies. Additionally, Eva Argiles, president of ACC Europe, shares her vision on the evolution of the general counsel profession. Finally, Ross Robinson of Banco Sabadell explains the strategic objectives in sustainable finance and ESG, and their impact on reducing the corporate carbon footprint.

?The legal sector in Spain and Portugal is very dynamic and constantly evolving. Firms must be prepared to adapt and lead in an increasingly globalised and competitive environment, taking advantage of opportunities arising from regulatory changes and market demands.


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