Regulation & Law

Mexico's AvahLegal and Spanish firm Lerroux & Fernández- Pacheco become AvaLerroux

During the INTA annual meeting held in Orlando, the new firm held a reception to announce that Avahlegal and Lerroux & Fernández- Pacheco have become AvaLerroux. AvahLegal became the first Mexican firm to have a presence in four countries: Mexico, (Mexico City, Merida, Cancun, Monterrey and Guadalajara); Spain (Madrid and Alicante, provided by Lerroux); Cuba (La Havana); and the US (Washington, DC).
AvaLerroux

During the INTA annual meeting held in Orlando, the new firm held a reception to announce that Avahlegal and Lerroux & Fernández- Pacheco have become AvaLerroux. AvahLegal became the first Mexican firm to have a presence in four countries: Mexico, (Mexico City, Merida, Cancun, Monterrey and Guadalajara); Spain (Madrid and Alicante, provided by Lerroux); Cuba (La Havana); and the US (Washington, DC).


According to AvaLerroux representatives, the operation brings together a new integrated multijurisdictional platform and has an expansion strategy in the above mentioned countries. The firm now has multiple practices, such as telecommunications and information technology, social security, labor law, immigration and energy. Clients are distributed among the health, food, consumer goods, information technology, energy, pharmaceutical, telecommunications, entertainment and drinks & alcohol sectors.

 

This merger between an Iberian and a Latin American law firm is further proof that Iberian law firms are planning to growth their presence in the region. Earlier this year Cuatrecasas, Goncalves Pereira arrived in  Mexico, Garrigues opened a new office in Santiago de Chile and Philippi Prietocarrizosa & Uria merged with two Peruvian law firms.

 

L.A.C.R.

Read the full Special Report: SPAIN : Global Independent Law-firms Gaining Momentum

The Spanish legal market is currently experiencing a period of strong economic growth that began a few years ago. The robust economic environment has helped boost this process. In 2017 Spain had one of Europe’s fastest-growing economies. Home to one of the oldest legal markets in Europe, the country is a decentralized state, a fact that shapes the local legal market, which is dominated by five major firms with strong Spanish roots and significant international presence. Despite the dominant position of domestic practices, foreign law firms are quite active in the Spanish market. New legaltech business models have the potential to revolutionize the Iberian legal market. They pose significant challenges, yet provide a wealth of opportunities for both established and new firms.
Summary Bain Capital puts $3bn on the table for the US power tools manufacturer and Spanish call-centre grou Fieldfisher’s Rapid International Expansion Culminates in Spanish Tie-up Spanish Law Firm Cuatrecasas Opens New Branch in Mexico Eduard Saura (Accuracy Spain): “European investors are turning their attention to South America” Garrigues Continues to Expand in Spain and LatAm

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