M
adrid, Spain is a hub for global law firms seeking to capitalize on the country's thriving real estate and arbitration markets. A dynamic market has drawn in top talent from Jones Day, Clifford Chance, and Hogan Lovells. According to TTR Data, which tracks activity in Iberia, real estate transactions dominated deal-making activity in the first four months of 2025, despite a slowdown in overall transactions in April.

    The robust market is driving competition among law firms for a share of Spain's lucrative arbitration work. The country's economic edge over the rest of the EU has made it an attractive destination for global investors and businesses. As a result, law firms are investing heavily in talent to stay ahead in this competitive landscape.

    In other news, several high-profile cases have been filed in US courts, including a trademark infringement lawsuit against Devco Corporation and a securities class action against Toronto-Dominion Bank. Attorneys from Gibbons, Arnold & Porter Kaye Scholer, A&O Shearman, Gordon Rees Scully Mansukhani, McCarter & English, and others have entered appearances in these cases to represent their clients' interests.

    The SEC's reevaluation of foreign issuer exemptions has sparked hope among securities lawyers for a more cautious approach. Meanwhile, USAA and AAA are facing allegations of systemic insurance fraud following the Los Angeles wildfires.