Flag of Spain/courtesy photoFormer Latham & Watkins Team Launches Alternative Legal Services Provider for Spain and Latin America
Ambar has an exclusive alliance with on-demand pioneer Axiom to provide legal services in the two regions.
February 11, 2020 at 05:22 PM
3 minute read
A team of lawyers who were formerly with Latham & Watkins has launched an alternative legal services provider for Spain and Latin America aimed at helping lawyers reimagine their legal careers.
Ambar says it supplies agile legal talent, supported by technology-enabled solutions and an exclusive alliance in Spain and Latin America with Axiom, a global provider of on-demand legal talent with more than 2,400 attorneys in North America, the U.K., Central Europe, and Asia Pacific.
"Our mission is to offer the best alternative services for high-end work to our most demanding clients by leading the redefinition of the legal market in Spain and Latin America," said Manuel Deó, CEO of Ambar.
Ambar's legal talent network consists of former Big Law partners, state attorneys, law school professors and other lawyers in the Spanish market. By the end of 2020, it plans to open two offices in Latin America.
Before Ambar, Deó was a partner and head of the corporate and private equity department at Latham & Watkins in Spain. He is joined at Ambar by chief revenue officer Rosa Espín, who was a counsel in the energy, land and resources division at Latham & Watkins in Spain and by chief people officer Belén Bautista, who previously managed the Latham & Watkins office in Spain.
Ambar is backed by private investors and sponsors, including executives from the private equity, legal, technology and business communities. The company plans to design flexible teams to represent blue chips and private equity sponsors in mergers, acquisitions and other transactions.
Ambar has strategic partnerships with Microsoft and Salesforce to develop artificial intelligence tools with the goal of better serving both customers and lawyers. The firm says it offers lawyers a "more modern" way to practice law.
"We believe in a better way of providing best-in-class legal solutions," said Deó. "We are determined to offer that better way to lawyers and clients, alike."
Legal staffing firms have found a niche at a time when a growing number of lawyers are looking for nonconventional career paths and alternative work arrangements. From mothers of young children to baby boomers transitioning toward retirement, many are searching for lighter workloads, greater work-life balance and choice over with whom they work.
The tie-up between Ambar and Axiom is geared toward leaning on each other's networks in their respective geographies.
European private equity firm Permira took a majority stake in Axiom last September after the flexible staffing firm scrapped plans for an initial public offering. Axiom works with over half of the Fortune 100 companies.
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