You’d think White & Case might be a little leery of opening new offices, considering the dozens of lawyers the firm has shed over the past several years. You’d also think the firm might not want to set up shop in economic trouble spots—and especially not in certain southern European countries still dealing with the fallout from the global financial crisis and a catastrophic real estate collapse. Spain, for instance.
So the new office that White & Case opened in Madrid in March raises the question: What in the world are they doing?
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