Independent Law Firms In Europe: Local recipe proves potent brew
Drawn to Spain by the rapid growth of its economy in recent times, the UK's big legal firms have created problems for the local firms. But the Spanish claim they are fighting back by forming their own type of firm. Sophie Evans reports
The rise of the Spanish economy is often championed as one of the European Union’s (EU’s) miracles. Dubbed one of the ‘poor four’ on joining the Union, it has grown at a tremendous rate and has attracted all the big UK names to its legal market. Its law firms have suffered at the hands of the Anglo-Saxon firms but, as in France and Italy, the top independents say they are taking the best of what they have learned from the international firms’ arrival to create a new kind of indigenous firm.
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