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DLA Piper Rudnick Gray Cary has captured Squire Sanders & Dempsey’s Madrid office to make it one of the biggest international firms in Spain.
The 25-lawyer Squire Sanders team will be absorbed into DLA Piper’s existing Spanish operation from 1 January 2006 creating an office of around 60 lawyers. The combined team will have strong practices in private equity, TMT, and competition among others.
Squire Sanders head Juan Picon will lead the enlarged operation with DLA Piper Spain managing partner Kenneth Bonavia taking up a new role liaising with international clients. It is understood that Bonavia was instrumental in encouraging Picon and his team to move to DLA Piper.
The move makes DLA Piper one of the biggest law firms in Spain with an office turnover in the region of EUR13m. The firm launched in Madrid in 2002 with a group of lawyers from Stephenson Harwood. However it leaves Squire Sanders without a Spanish presence.
DLA Piper has expanded its international operations at a lightening rate this year gaining offices in China, Central and Eastern Europe and Africa.