In a sign that it is unbowed by Spain’s ongoing financial struggles and sees opportunity in the ailing Eurozone’s fourth-largest economy, White & Case announced this week that it is opening an office in Madrid to be led by former Latham & Watkins’s local corporate chair Juan Manuel de Remedios and counsel Yoko Takagi, who will become a local partner at her new firm.
White & Case’s move into Madrid comes three years after the firm saw more than a dozen of its partners in New York, the Middle East, and London poached by Latham. Those losses led White & Case to redeploy practice heads to new jurisdictions, according to our reports at the time. The firm subsequently took steps to offset those losses by making key investments elsewhere, including reopening in Milan with the addition of London-based Latham capital markets partners Michael Immordino and Jonathan Clark, according to our previous reports.
