Eversheds' Spanish alliance firm to split from international network
Eversheds' Spanish alliance partner is set to break away from the firm's international network, citing differing strategies as the reason for the move. Eversheds Lupicinio will split from Eversheds International later this year after six years as a member of the network. Eversheds said that it remains committed to the region and that the firm is now assessing its position in the country, with the creation of its own Spain office or the introduction of a new alliance member both under consideration.
February 14, 2011 at 12:30 PM
2 minute read
Eversheds' Spanish alliance partner is set to break away from the firm's international network, citing differing strategies as the reason for the move.
Eversheds Lupicinio will split from Eversheds International later this year after six years as a member of the network.
Eversheds said that it remains committed to the region and that the firm is now assessing its position in the country, with the creation of its own Spain office or the introduction of a new alliance member both under consideration.
Eversheds chairman David Gray (pictured) said: "We have been working with our Spanish colleagues at Eversheds Lupicinio very happily for the last six years. Looking at our respective strategies for the next few years, we have both realised that these are no longer aligned, so it has been agreed that the firm will leave Eversheds International later this year."
Referring to Spanish media coverage of the split, he added: "It is not correct that this has been a unilateral decision taken by Eversheds International, or that Eversheds International has already closed an agreement with another law firm in Spain."
Eversheds Lupicinio has three Spain offices in Madrid, Barcelona and Valladolid, and is headed up by managing partner Lupo Rodriguez.
Last year Eversheds reviewed its presence in a number of international jurisdictions, highlighting China, India, Russia and Latin America as priority regions for the firm.
The firm's partnership also took a vote on the name of some of its international offices, electing to drop local names from Eversheds International offices, where permitted.
- For more, see Eversheds targets new markets and Euro rebrand
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