Five Spanish and Latin American law firms join forces to launch Velae Legal Group

Five law firms in Spain and Latin America have combined to launch a new entity called Velae Legal Group.

The five law firms are: Spain-based DJV-Estrada-Azcona; Mexico-headquartered Becerril, Coca & Becerril; Colombia-based Pinzon Pinzon & Asociados; Peru-headquartered Aramburu Castañeda Boero; and Dominican Republic-based GM Gestión Legal.

The new entity will have a total of 250 lawyers. It will have 51 partners, of which 33 will be equity partners.

A spokesman for Velae said the five firms would be combined into a single partnership, but the firms will retain their current names, though the entity will be headquartered in Madrid.

Velae Legal Group will target clients including multinationals and middle-market companies, and will provide a range of advice including corporate and M&A; litigation and arbitration; commercial contracts, real estate, tax and labor law.

Revenue at Madrid-headquartered DJV totalled around €3.6 million in 2018.

José Antonio Alonso, senior partner of DJV-Estrada Azcona and founding partner of Velae Legal Group, said: “Velae is an ambitious international project that seeks to respond to the needs of our customers in a globalised operating environment. We want to be where our customers need us, with the same quality, passion and delivery with which we work in Spain and Velae is without a doubt the most effective solution”. 


Five Spanish and Latin American law firms join forces to launch Velae Legal Group

Juan fernandez

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

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