Though most of JAUSAS’ business is done in Barcelona, the firm’s priority now is to establish a firm foothold in the Madrid market. “Spain is a tale of two cities, you must be in Barcelona and Madrid,” says the firm’s managing partner Agustín Bou. “Madrid and Barcelona are very different markets and it’s almost impossible to cover Madrid from Barcelona – 80 per cent of our business is done in Barcelona, but we want to grow our tax, real estate and public law practice in Madrid.” It was this desire to make an impact in the Spanish capital that was the driving force behind JAUSAS’ merger with Madrid firm GMQ Abogados earlier this year. When announcing the merger in January, JAUSAS said that it had taken the step in order to “strengthen its presence in Madrid by incorporating a team of professionals that will strengthen the commercial, M&A, restructuring and insolvency, litigation, taxation, employment and administrative practices”.
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