The Anglo-German firm Taylor Wesing and the Spanish ecija have made progress in concretizing the “strategic alliance” announced at the end of January. According to a statement released by the former, both firms create a “combined network” that, adding professionals from both organizations, will bring together 3,000 professionals and 500 partners, spread over thirty jurisdictions. A formula that reveals that there is no corporate union between structures —that is, it is not a merger or an integration, as was speculated at the beginning. Also, the agreement does not imply “exclusivity” eitheraccording to the note sent by Ecija to the media, so that the law firms will be able to work with competitors of their ally in the respective jurisdictions in which it operates.
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It should be remembered, in this sense, that Taylor Wessing has collaborated with different law firms in Spain in recent years. Market sources point to Garrigues, Cuatrecasas, Pérez-Llorca and Gómez-Acebo & Pombo, among others. The same sources confirm that the announcement of the alliance was received with some surprise at one of their headquarters and, since then, They have remained expectant of the terms in which this materialized. The international firm has great strength in the areas of technology/TMT, health sciences, real estate and wealth management.
From Ecija, the synergies in the field of technology have been underlined —a specialty with which it shares recognition with Taylor Wessing—, and have influenced the fact that both organizations share strategy, values and corporate culture. In this sense, Hugo Ecija has affirmed that the alliance “confirms our commitment to consolidate our position as an international firm and benchmark in the digital economy”. Managing partner of Taylor Wessing in the UK and co-chairman of his global board, shane gleghornhas stressed that the alliance “substantially increases the collective offer of both firms in Europe and throughout the world; our clients can continue to expect excellence and innovation”.
Pedro del Rosal
At the end of December, El Confidencial advanced Taylor Wessing’s interest in entering the Spanish market. At the end of January, Expansion revealed that Ecija was the partner chosen by the Anglo-German firm, a UK top 25 firm, but noted that both organizations “they would unite their businesses”, although they would continue to operate with their own brands, and this would be blessed by their respective boards of directors. Finally, the operation has remained in the creation of a network without exclusivity.
The Anglo-German firm Taylor Wesing and the Spanish ecija have made progress in concretizing the “strategic alliance” announced at the end of January. According to a statement released by the former, both firms create a “combined network” that, adding professionals from both organizations, will bring together 3,000 professionals and 500 partners, spread over thirty jurisdictions. A formula that reveals that there is no corporate union between structures —that is, it is not a merger or an integration, as was speculated at the beginning. Also, the agreement does not imply “exclusivity” eitheraccording to the note sent by Ecija to the media, so that the law firms will be able to work with competitors of their ally in the respective jurisdictions in which it operates.
