Andersen: heading for the America’s Cup
by mercedes galán
With the imminent arrival of the next edition of the America’s Cup in Barcelona in 2024, one of the most emblematic sailing competitions in the world, the international law firm Andersen has been selected as the exclusive legal advisor for this outstanding event. We spoke to two key figures in the firm: José Vicente Morote, managing partner of Andersen Iberia and member of its Global Board, and Juan Ignacio Alonso, managing partner of the Barcelona office, about this important appointment and the legal challenges it entails.
Andersen has been selected among the leading Spanish firms as exclusive legal advisor for the 37th edition of the America’s Cup in Barcelona in 2024. What aspects would you say have made you the winning firm?
José Vicente Morote (JVM): Undoubtedly, the key lies in the quality and specialisation of the team of professionals we put together to participate in this tender. In addition, our in-depth knowledge of the sector, strengthened by our offices in Valencia and Barcelona, gave us a significant competitive advantage. Our dedication to the project, demonstrated by the organisation by highlighting our dynamism, enthusiasm and ability to adapt to their needs, was another determining factor in our selection.
But this relationship goes back a long way, as you advised on Barcelona’s bid to host the event. What was that previous step like?
Juan Ignacio Alonso (JIA): In fact, our collaboration with the organisation goes back to the previous edition in Valencia, which provided us with valuable previous experience. Some of our professionals who are now part of the legal team were involved on that occasion, which laid a solid foundation for our current relationship.
Andersen has tripled its turnover in recent years. What does this event mean for you as a firm?
JVM: In recent years, and especially this year, we are projecting a quadrupling of our financial results, backed by solid growth of around 30% per year. This event represents a significant recognition of our work, as being selected as legal advisors for one of the biggest sporting events in the world validates our commitment to excellence and specialisation. The economic impact of the America’s Cup in Barcelona and Spain, as well as the opportunity to contribute to its success, strengthen us as a firm in the market.
The legal challenges associated with organising such a prestigious event are many. How are you addressing them?
JIA: Agility and coordination are key, especially given the short timeframe from the moment Barcelona was designated as the venue and Andersen Iberia was chosen as the exclusive legal advisor. We have worked closely with the event organiser, authorities and institutional bodies to address the legal challenges, from drafting specific regulations to negotiating contracts and agreements in certain areas of interest. Our multidisciplinary team, with expertise in various legal areas, enables us to meet these challenges effectively.
And how has the team been put together?
