Hogan Lovells has appointed a new managing partner in Madrid, as the office reveals a 5 per cent boost in earnings for 2009- 2010.
Head of dispute resolution José Luis Huerta has been appointed to succeed José Maria Balana as managing partner of the office. He will take up the new post from 1 September.
Maria Balana, who has presided over the office since its launch in 2004, will continue serving as a member of the firm’s worldwide board, and will head Hogan Lovells’ corporate practice in Spain.
The appointment comes as Hogan Lovells announced turnover in the office of €21.1m (£17.65m) for the 2009-10 financial year – before Hogan & Hartson and Lovells merged – marking a 5 per cent rise on the previous year.
Prior to the merger the office belonged to Lovells.
Huerta said: “I’m very honoured to succeed José Maria as office managing partner. Following the combination with Hogan & Hartson on 1 May, the opportunities for us to work with Spanish businesses on their investments in the United States and Latin America have significantly increased. At the same time we’re starting to see significant interest from investors into Spain who can see the potential of the Spanish market despite the economic conditions.”
Hogan Lovells’ Madrid office houses over 60 lawyers, including 13 partners.