In many ways it is a curious time to be building up corporate and finance capability in the depressed Spanish market but Baker & McKenzie has significantly bolstered its strength in its largely third-tier Madrid office with the hire a local team of 20 lawyers from Mayer Brown’s former Spanish ally, Ramón y Cajal, including five partners.
Two of the founding members of the Spanish firm; Alberto Ureba, co-head of Ramón y Cajal’s corporate team, and Francisco Bauzá, co-head of the firm’s finance practice, are leaving to join the global behemoth by the end of the month.
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