Give Peace A Chance

Law firms in Spain that survived the crisis have reasons to be cheerful, but they now face new challenges that could require a change in approach to leadership

While law firms in Spain that successfully navigated the crisis may be breathing a huge sigh of relief, they face a new set of challenges. Research conducted by global legal consultancy Redstone shows that firms currently have three key issues to address: firstly, the need to ensure their `key' lawyers are happy and motivated; secondly, the need to change their style of leadership and possibly change their leaders; and finally, they have to make difficult decisions about whether to focus on high-value work or lower value commoditised work, provided it is done efficiently and profitably.