Dealmaker: Rafael Sebastian
Rafael Sebastian, of Spain's Uria Menendez, on creative solutions, keeping calm and casually dressed Englishmen in Madrid
December 10, 2008 at 06:31 PM
4 minute read
Rafael Sebastian, of Spain's Uria Menendez, on creative solutions, keeping calm and casually dressed Englishmen in Madrid
Why did you become a lawyer?
Despite graduating with a law degree, I began as a banker. After a while I started to become frustrated by the advice I received from in-house counsel, and increasingly interested in legal solutions to complex, corporate transactions. So I decided to change hats. Eventually I became general counsel of an international bank, before joining Uria Menendez.
Who has been the biggest influence on your career?
Rodrigo Uria, without a doubt. Mr Uria, who was the managing partner of Uria Menendez for many years, was the model lawyer because of his intelligence, charisma, foresight and business sense.
What is your proudest professional moment?
When a client is pleased with my -services.
… and worst day on the job?
If I do not meet a client's expectations.
What is the most common cultural misunderstanding when working on deals between Spain and the UK?
Spain is much more formal than the United Kingdom. I remember a negotiation on a Saturday in early September in Madrid.
We met at the offices of the Spanish party and despite the fact that the heat was intense, the air conditioning was switched off on weekends. In the middle of the negotiation, the senior negotiator for the English client went to the restroom and changed into shorts and a T-shirt. When he returned, his Spanish counterparts, all of whom were wearing suits, stared in disbelief!
Curiously enough, such seemingly trivial differences can affect the substance of negotiations.
What is your strongest characteristic…and worst trait?
I would say the ability to craft creative solutions to complex legal problems. My worst is the pressure that I put on my colleagues to meet aggressive deadlines.
Aside from your own firm, which lawyer do you admire most and why?
Jaime San Roman of Clifford Chance in Madrid. He is very creative, yet also easygoing – and remains calm in the most trying of circumstances.
How do you sell yourself in client pitches?
I seek to be completely transparent in terms of what I, and the firm, can offer by way of legal services, responsiveness, availability and fee arrangements.
What advice would you give to young deal lawyers starting out?
This is a very demanding profession that requires willpower, sacrifice and a constant drive for excellence. If a young lawyer is not willing to work in that way, they should pursue another profession.
What's the best part of your job?
The fact that each transaction presents unique issues and challenges.
What most annoys you about the legal profession in Spain?
Having worked on many occasions with counsel in foreign jurisdictions (such as England and Wales, New York and Delaware), I sometimes envy the flexibility of the common law, especially with regard to corporate matters.
What will be the most significant market trend in terms of your practice area over the next 12 months?
I anticipate that we will see an entirely different scenario in which corporate restructurings, industrial acquisitions and insolvencies of major companies will play a large part.
What would you do if you were not a lawyer?
A law school professor.
Where do you see yourself in 10 years?
At Uria Menendez.
What is the best lawyer joke you've heard?
A woman and her little girl were visiting the grave of the little girl's grandmother. On their way through the cemetery back to the car, the little girl asked, "Mummy, do they ever bury two people in the same grave?" "Of course not, dear." replied the mother. "Why would you think that?"
"The tombstone back there said, 'Here lies a lawyer and an honest man.'"
Where do you usually take your summer holiday?
Menorca, where I enjoy sailing and horse riding.
Global firms – what do you think of them?
Interesting, not appealing, difficult to manage and with quality control -challenges.
What is your favourite cheese?
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
© 2025 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 AllHengeler Advises On €7B Baltica 2 Wind Farm Deal Between Ørsted and PGE
2 minute readSlaughter and May and A&O Shearman Advise as Latest UK Company Goes American
3 minute readLinklaters Continues Renewable Energy Hot Streak With Latest Offshore Wind Farm Project
2 minute readTrending Stories
- 1Uber Files RICO Suit Against Plaintiff-Side Firms Alleging Fraudulent Injury Claims
- 2The Law Firm Disrupted: Scrutinizing the Elephant More Than the Mouse
- 3Inherent Diminished Value Damages Unavailable to 3rd-Party Claimants, Court Says
- 4Pa. Defense Firm Sued by Client Over Ex-Eagles Player's $43.5M Med Mal Win
- 5Losses Mount at Morris Manning, but Departing Ex-Chair Stays Bullish About His Old Firm's Future
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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