The workflow for law firms in Madrid is looking much
healthier than it did 12 months ago – however, this is posing
difficulties for managing partners who now have to consider the
best way to use their resources to meet rising demand
The good news for law firms in Madrid is that their workload is
increasing. Transactional activity – especially in the real
estate, financial services and renewable sectors – is on the
rise and law firms report being much busier than they were a year
ago, when political wrangling meant the country appeared to be in a
state of paralysis. However, winning more mandates also brings
considerable challenges, in particular that of how to best deploy
resources in order to meet the surge in client demand. While there
may be a temptation for some firms to go on a recruitment drive in
an effort to increase headcount, memories of making layoffs during
the crisis years mean that this is a strategy that can cause some
concern among managing partners.