Two Miami-based boutique law firms, Concepción Disputes and Global Tax Law are merging and expanding to Madrid, Spain. Concepción Global, led by Carlos F. Concepción and Christine A. Concepción, will be the first Florida-based boutique law firm to operate under a distributed international law firm model with an office in Spain.
The new entity, Concepcion Global, will serve multi-jurisdictional firms and high net worth clients with business interests in the Americas and Europe. Led by Carlos F. Concepción and Christine A. Concepción, the firm’s new Madrid office will open its doors on October 26 on Almagro Street in Madrid. The Miami office will remain at 201 S. Biscayne Blvd.
According to Christine A. Concepcion, co-founder and international tax attorney, “the move is a natural step for the firm, given the growing number of high net worth individuals relocating to Europe.””We are following our Latin American clients, as well as Americans moving to Europe. This migration trend started during the pandemic, but they are actually staying there for business, social and cultural reasons. In fact, many of our clients are now calling Madrid ‘Miami 2.0.
Florida Based Boutique
As the first Florida-based boutique to operate under a distributed international law firm, Concepcion Global lawyers will collaborate across jurisdictions and time zones and have control over how and when they want to work.
“This is a very different compensation system than the hierarchical model used by traditional law firms,” says co-founder Carlos Concepcion, an international arbitrator and advocate for cross-border firms and high-net-worth clients. “The distributed law firm model suits lawyers joining our firm because it allows them to act independently and set their own rates. We pay lawyers an internal hourly rate based on particular metrics and they keep 70% to 80% of their originations.”
The firm is negotiating the hiring of several lawyers in the United States and will continue to hire in the coming months.
Carlos Concepcion focuses on institutional proceedings involving international and domestic commercial disputes and investment treaty matters administered by the International Centre for Settlement of Investment Disputes (ICSID). As an attorney, he represents clients in international commercial litigation, and parties in international investor-state treaty cases. He has more than 35 years of experience in international litigation, especially at the intersection between common law and civil law jurisdictions. Part of this experience includes senior management roles in some of the largest law firms in the world.
Christine Concepción handles domestic and international tax matters, advising individuals and their businesses on international and domestic tax and estate planning, pre-US immigration tax planning and expatriation from the US. She also represents taxpayers in federal tax audits, offshore voluntary returns and simplified returns, and advises them on criminal tax investigations and other criminal tax matters. Christine also advises Latin American and European investors on U.S. real estate investments and assists cross-border companies in establishing a U.S. presence. Prior to founding her firm, Christine worked in the international tax and private client groups of Deloitte Tax, DLA Piper and McDermott Will & Emery.