Garrigues names new chiefs in bumper year

Spain’s largest law firm Garrigues has revealed the names of its new joint managing partners just as it expects to break the e300m (£259.9m) revenue barrier for the first time.

Fernando Vives and Ricardo Gómez-Barreda will take up the reins at the start of the new financial year on 1 September for a four-year term.

Garrigues, which reported a e296.8m turnover for 2007-08 (, 8 July) and has around 2,600 employees, is predicting revenue in excess of e330m for 2008-09.

Both of the new managing partners have been with the firm for more than 20 years and run national departments. Vives joined in 1986 and is coordinator of corporate/commercial, while Gómez-Barreda joined in 1982 and runs the tax group.

Garrigues’ policy of having two managing partners is a legacy of the former tie-up with Andersen Legal.

Current managing ­partners José María Alonso and Miguel Gordillo took on the roles in 2000, when Garrigues-Andersen was a e98m firm with 700 employees. Two years later the duo had to deal with the collapse of Andersen Legal following Enron’s downfall.

Under their leadership the firm expanded its ­international coverage, launching in Bucharest, Casablanca, Shanghai and Warsaw.

Alonso is thought to be eyeing an ongoing role working on Garrigues’ international strategy, although this has not been confirmed.