Olswang's international strategy is called into question as firm downsizes Madrid office
News comes shortly after the departure of 50 Berlin-based lawyers and a few months after changes in management
July 22, 2015 at 07:00 PM
4 minute read
Olswang has downsized its Spanish offering, it has emerged, just weeks after news broke that the firm's entire Berlin office is departing.
The UK outfit is set to move into new premises in the Spanish capital in the coming weeks, with local partners suggesting that the firm is taking on less space than in its current Paseo de la Castellana base.
The move comes after a significant decrease in headcount since its peak in its immediate post-launch years, with lawyer numbers falling from a 2011 high of 30 to five currently, including just one partner. The most recent exits include tax head and legal director Alvaro de la Via, who left last month, and corporate partner Eduardo Coca in March, both of whom now run their own boutiques.
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