Spain’s law firms go it alone in Latin America


28th March 2014

Spain’s largest law firm broke its ties with a local firm to go solo in the region. The other law firms are following suit. What are their strategies?
Garrigues, – the most important law firm in Spain – changed course and the Spanish American legal community felt a powerful shock. The firm announced that it has left its partnership with the Affinitas law firms – which it created in 2004 – to go it alone in the region. This decision has encouraged the most important law firms on both sides of the Atlantic to join the field of battle. There are many questions that need answering, but one thing is certain: Latin America is the place to start, and to strengthen in some cases, the internationalization of Spanish law firms.
Garrigues exemplifies this progressive process of internationalizing law firms.
“The idea was that through the alliance, Garrigues would better integrate with the Latin American member firms, but at the end of the day, integration wasn’t possible. After talking it over for a long time with the alliance members, Garrigues decided in May 2013 to leave Affinitas and establish itself in Latin America on its own, through its own offices, and to contract local lawyers in several of the most important countries in the region where the local legal consulting doesn’t encounter regulatory obstacles.” That’s how Javier Ybañez Rubio explains it. Ybañez Rubio is the managing partner for Garrigues in Latin America. Having taken that step, its new stage …

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