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Gómez-Acebo & Pombo is to open an office in Lisbon, following approval from its partnership today.
As first revealed by The Lawyer, the Madrid-headquartered firm had been mooting a Portuguese launch in the new year (26 October 2009).
Gómez-Acebo managing partner Manuel Martín said at the time: “[Lisbon] is important because of the Iberian business structure. A lot of multinationals treat Iberia as a single market. Our three main competitors [Cuatrecasas Goncalves Pereira, Garrigues and Uría Menéndez] are all there.”
Once opened, the Lisbon office will be the firm’s largest in terms of lawyer numbers, after Madrid, Barcelona and Valencia.
The initial team at the new office will be made up of a total of 26 people, of whom 19 are lawyers —including 2 partners— and 7 are involved in the management structure.
The plan is expected to have one resident Spanish lawyer working alongside three Portuguese partners and their respective teams, which will be hired from the local market. The office will cover public law, corporate and financial services.
Gómez-Acebo split with its Portuguese ally Vieira de Almeida two years ago and since then has been looking to establish a Lisbon office of its own.