Iberia

Gómez promos bring partner headcount to 65

Spanish firm Gómez-Acebo & Pombo has appointed nine new partners, increasing the total number at the firm to 65. The decision to appoint the nine new partners was approved at the firm’s general partners’ meeting on 21 December. The appointments will become effective on 1 January. The majority of those made up are based in […]

Portuguese firm CCA chooses Shanghai over Europe or Africa for new office

CCA Advogados has become the first Portuguese law firm to launch in China after opening an office in Shanghai. The five-partner firm launched the office on 19 September, and shares office space and resources with Belgian firm De Wolf & Partners and Swiss firm Bonnard Lawson International. According to founding partner Carlos Cruz, the firm opened in Shanghai because […]

DLA Piper eyes exclusive link with Portugal’s ABBC

DLA Piper is in talks about entering an exclusive tie-up arrangement with Portuguese firm Azevedo Neves Benjamim Mendes Carvalho & Associados Sociedade de Advogados (ABBC). DLA Piper has been looking for a new partner in ­Portugal since announcing in September that it would end its six-year, non-exclusive arrangement with Miranda Correia Amendoeira & Associados (MCA) at the end of […]

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Portugal special report: Historic opportunity

Following the Spanish example, Portuguese firms are expanding into countries with a common language, which spells opportunity in Africa. Portugal, much like the UK, is running on a tight budget these days, and investment ­opportunities are thin on the ground. ­Fortunately, a world of opportunity exists in Portuguese-speaking Africa, and Portugal’s law firms are making […]

Garrigues promotes 19 as turnover rises to €352.8m

Spanish firm Garrigues has reported turnover of €352.8m (£314.27m), a 5.5 per cent increase on 2009. The firm announced the figure, which includes revenues from both legal and tax services, at its partners’ meeting in Madrid today. The figure is an €18.5m increase on last year’s turnover. The firm has also announced the promotion of […]

Iberian trio instructed on Telefónica’s Brasilcel buy

Top Iberian law firms ­Cuatrecasas Gonçalves Pereira, Garrigues and Uría Menéndez all scored roles on Telefónica’s e7.5bn (£6.16bn) purchase of ­Portugal ­Telecom’s 50 per cent stake in Brasilcel. Uría, led by Madrid M&A partner Cándido Paz-Ares, advised Telefónica on its purchase of a stake in ­Portugal Telecom’s joint venture Brasilcel, which controls 60 per cent […]

Garrigues sets out expansion plans and bags International Firm of the Year award

Spanish firm Garrigues was crowned International Firm of the Year at the The Lawyer Awards two weeks ago – the first non-US firm to win the prize. With revenue of €334.3m (£273.6m) for 2008-09 the firm topped the table of Continental European law firms by revenue for the second year running after experiencing growth of 12.6 per cent. Co-managing […]

Links’ Lisbon office axes six associates as Portugal gears up for difficult year

The faltering Portuguese economy has forced Linklaters to cut half a dozen associates from its Lisbon office as the ­country’s lawyers warn of a tough year ahead. In a move almost unheard of in the Portuguese legal market, ­Linklaters has asked six associates from four different departments ­within its Lisbon office to leave the firm. The decision was made amid […]

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The pain in Spain

The recession may have come late to Spain, but as James Swift reports, it has not escaped unscathed and nor has its lawyers For more than a decade Spain was one of Europe’s top economic performers, riding high on the success of its prodigious, debt-driven real estate sector. But when that market – which contributed […]