UK-Based DWF Adds 40 Partners Via Latest European Association
The move is the second significant European expansion for the firm since its IPO.
June 10, 2019 at 05:12 AM
2 minute read
Madrid
Listed law firm DWF has agreed an exclusive association with a 40-partner Spanish law firm, in its latest expansive move since it floated earlier this year.
Madrid-headquartered Rousaud Costas Duran (RCD) consists of 400 staff working across offices in Madrid, Barcelona and Valencia, and generated revenues of €34.4 million last year.
According a statement by DWF, RCD specialises in corporate law, tax, insurance, financial services, real estate and energy.
DWF CEO and managing partner Andrew Leaitherland said in a statemnt: “We have a significant client and sector overlap with RCD, including in all three of our global sectors of insurance, financial services and real estate. Even more importantly, we are working with a firm that shares our determination to do things differently and to use technology to challenge long-established processes and practices in the delivery of legal services.”
DWF has stepped up its acquisitive efforts since it floated in March. Last month, it bolted on the Warsaw office of U.S. firm K&L Gates.
The firm has also continued its expansion in Australia with a Melbourne law firm merger and further recruitment in the country, while last year it shored up its international credentials ahead of the IPO by formalising ties with U.S. law firm Wood Smith Henning & Berman.
Earlier this month, DWF posted unaudited global revenues of £236 million.
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