Clydes hires 9-strong team for Madrid launch
Clyde and Co is set to launch in Madrid after the hire of a four-partner insurance team from DAC Beachcroft's Madrid office.
The team consists of nine lawyers in total, and includes DAC Beachcroft's former Madrid managing partner Ignacio Figuerol, along with partners Ricardo Garrido, Pablo Guillen and Miguel Relano.
Clydes' senior partner elect James Burns said: "The DAC Beachcroft office in Madrid has had an excellent reputation for many years. We have known and worked with the partners there for a long time and are very pleased that we are now in a position to establish a Madrid presence with lawyers of the calibre of Ignacio, Ricardo, Pablo and Miguel."
DAC Beachcroft managing partner Paul Murray commented:"Although we're obviously disappointed they've made this decision, DAC Beachcroft continues to be the leading insurance practice in Spain.
"DAC Beachcroft's 60-strong team in Madrid will continue to serve its clients across all lines of work and we remain absolutely committed to investing in the development of the Spanish office and continuing to create a Latin American platform."