The man at the helm of Pérez-Llorca in Iberia
Executive Partner since 2024, Julio Lujambio is leading execution in Iberia while Pedro Pérez-Llorca is temporarily based in Mexico City. The close of 2025 — €211.3 million and 26% of the business outside Spain — sets the scene for a new phase in governance
by ilaria iaquinta
Mexican, 47, dual-qualified in Mexico and Spain, married to a lawyer and the father of four, Julio Lujambio, executive partner of Pérez-Llorca, welcomes Iberian Lawyer into his office in Madrid. Behind his desk, a few awards sit on the bookshelf. “They’re from the Forty under 40 ten years ago”, he jokes, with a smile that blends irony with the passing of time. To one side, a sequence of photographs of his children, taken every summer in the same spot in Cádiz, as if the images were a way of measuring the years. He came to Spain at 23 to take a master’s at IE and complete his admission; he stayed, he says, “for a woman”, now his wife.
THE ORIGINS
“When I joined in 2005, the firm was much smaller”, he recalls. “They were looking for a junior associate for the Corporate team, and the process ended with two hires because both were a good fit: Carmen Reyna and me — which says a lot about Pérez-Llorca’s philosophy. Twenty-one years later, we’re both still at the firm”. Reyna, he adds, is also now part of the international governance bodies of the partnership.
Since then, his career has followed a steady upward path. He was made partner in January 2014, aged 35, at a time when the country was still feeling the effects of the crisis. “The market trend wasn’t to make Corporate partners,” he stresses. Even so, the firm promoted four associates from the area between 2013 and 2014 — Alejandro Osma, Pablo González, Carmen Reyna and himself — as a bet on the project. In 2016 he took on his first management responsibility when he assumed leadership of one of the Corporate groups. In 2020, when the firm moved to a board-of-directors model, he joined the governing body. And in 2024 came his appointment as Executive Partner, within a strengthened governance model that also created the role of Iván Delgado as International Executive Partner, and appointed Constanza Vergara as COO, while Pedro Pérez-Llorca remained as managing partner. In parallel, the firm also established an International Partnership Board (see dedicated box). The structure is reminiscent of that of many large international firms, with a global body setting strategy, a managing partner as a point of reference…
