International firm picks up new Spanish firm

The merger will add a team of 40 lawyers and six partners, based in offices in Madrid, and will boost Baker & McKenzie’s local M&A and securities practice as well as adding tax capability.

The new firm will boast 140 lawyers in the country and an annual turnover of nearly £18m.

Chairman of Baker & McKenzie Christine Lagarde says: “Baker & McKenzie has had a presence in Spain for 35 years and this merger underlines our continuing commitment to developing our business in key jurisdictions around the world.”

Luis Briones, partner at Briones Alonso y Martin, says: “There are many attractions of merging with Baker & McKenzie but it is the powerful combination of the firm’s local strength in Spain and its unrivalled presence in Latin America, with more than 400 lawyers in 13 major cities, together with its international network, which convinced us that this is the right move.