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Baker & McKenzie is to strengthen its Spanish practice with the hire of five partners and at least another 15 lawyers from Mayer Brown ally Ramón y Cajal.
Alberto Ureba, co-head of Ramón y Cajal’s corporate team, and Francisco Bauzá, co-head of the firm’s finance practice, are joining Baker & McKenzie at the end of July. A further three partners, Guillermo Guerra, Rafael Bazán and Fernando Marroquín, are also expected to join the US firm.
Ureba and Bauzá were both founding partners at Ramón y Cajal and Ureba sits on the firm’s management committee.
The team will join a large full-service team at Baker & McKenzie, which already has over 50 partners in its Barcelona and Madrid offices. Last year the firm hired arbitration partner José María Alonso (7 February 2012) from Garrigues. Alonso has now taken over as managing partner of Baker & McKenzie’s Madrid office, with Luis Briones stepping down to return to full-time practice (11 July 2013).
In a statement a spokesperson for Baker & McKenzie said: “Like all leading law firms, we are continuously studying the market for strategic growth opportunities. At any given time, we may be in discussion with a number of individuals, practice groups or firms around the world. By firm policy, we do not comment on such discussions until they are positively concluded.”
Ramón y Cajal declined to comment.
Ramón y Cajal signed a strategic alliance with Mayer Brown in 2007 (1 February 2007), although this was brought to an end earlier this year. However the two firms still work together on a non-exclusive basis.
The moves were first reported by Spanish business newspaper Expansion.