Cuatrecasas set for Herbies alliance verdict
Legal Week reports
March 17, 2004 at 07:03 PM
2 minute read
Cuatrecasas is set to decide by the summer whether to officially join Herbert Smith's European alliance, as the Spanish leader pledges to open three more local offices in a bid to re-enforce its domestic coverage.
The firm is aiming to decide within the next few months if it is to become the Spanish member of an alliance that also includes leading German firm Gleiss Lutz and Stibbe in The Netherlands.
The firm has worked closely with the alliance for a number of years but has so far shied away from fully committing itself to an exclusive agreement with the network.
One Cuatrecasas partner told Legal Week: "The issue is still under discussion, and we would like to continue working with the alliance. But we expect to decide in the next few months whether or not to officially join [the alliance]. For that we would need almost complete consensus from our partners through a vote."
The discussions follow on from Cuatrecasas' annual partners meeting last month when the firm pledged to open three new regional bases in Spain in order to strengthen its national presence.
The firm is now planning to launch branches in Galicia, Andalucia and the Canary Islands by the end of 2005.
"In addition to being client driven, we need to be in these regions as part of our identity. We want Cuatrecasas to be seen as the firm that offers complete coverage for Spain," the partner added.
The Spanish firm already has 11 offices in Spain as well as a number of foreign branches, including a soon-to-be-launched Paris base.
A spokesman for Herbert Smith said in a joint statement that there was no time frame for a decision.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllSkadden to Close in Shanghai and Make Cuts to China Corporate Practice
DWF Group's Canadian Firm Set to Add Fourth Office With 16-Lawyer Montreal Team
UK Law Firms Face £75M Money Laundering Investigations Alongside Russia Scrutiny
3 minute readTrending Stories
- 1The Law Firm Disrupted: Playing the Talent Game to Win
- 2A&O Shearman Adopts 3-Level Lockstep Pay Model Amid Shift to All-Equity Partnership
- 3Preparing Your Law Firm for 2025: Smart Ways to Embrace AI & Other Technologies
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5A RICO Surge Is Underway: Here's How the Allstate Push Might Play Out
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250