- Pedro Pérez-Llorca, 55, continues as Senior Partner of the firm
- Pérez-Llorca expects to close 2023 having quintupled its sales in the last 10 years
Pérez-Llorca has expanded its management structure with the creation of two new executive positions and the subsequent appointment of two partners to fill them. The aim is to establish a solid foundation on which to sustain and manage its strong growth and development.
The firm’s Board of Directors has appointed Julio Lujambio as Executive Partner, and Iván Delgado as International Executive Partner. Julio Lujambio’s duties as Executive Partner include supporting the development of the strategy and direction in Spain. Iván Delgado, as International Executive Partner, will be in charge of shaping and directing the firm’s international strategy and operations.
Both will continue to work under the direction of Pedro Pérez-Llorca, who remains Senior Partner of the firm. All three will report to the firm’s Board of Directors, which they have been members of since December 2020, and will combine their new responsibilities with the practice of law as they have been doing until now.
Julio Lujambio joined Pérez-Llorca in 2005 and was named partner in 2014. Qualified to advise on both Spanish and Mexican law, he specialises in M&A and capital markets transactions. Lujambio has advised on matters including the acquisition of shares and assets of listed and unlisted companies, investment agreements, shareholders’ agreements, joint ventures, public offerings (takeover bids and public offerings for sale and for subscription) and listing shares on official and alternative markets.
Iván Delgado joined Pérez-Llorca in 1999 and was named partner in 2007. He specialises in mergers and acquisitions of listed and unlisted companies. He advises both industrial groups and funds on major transnational transactions in a variety of sectors, especially in Latin America. In 2015 he was entrusted with the opening of Pérez-Llorca’s New York office, where he worked until 2020. Since then, he has coordinated all of the firm’s international activities.
Alongside Pérez-Llorca, Delgado and Lujambio, the firm’s management team is rounded out by Constanza Vergara, Partner and Chief Operating Officer (COO), as well as María Luisa de Landecho, Chief Financial Officer (CFO), who maintain their responsibilities within the firm’s management.
“The appointments of Julio Lujambio and Iván Delgado are part of the succession process for the firm’s governing bodies,” stated Pedro Pérez-Llorca, Senior Partner of the firm. “The growth experienced in the national and international market over the past decade obliges us to look to the future and provide the firm with a solid structure to meet the challenges we set ourselves,” Pérez-Llorca concluded.
These appointments come on the back of significant growth in both the firm’s sales and the number of offices.
Pérez-Llorca expects to end the year with a turnover of around €124 million, which would represent a fivefold increase in sales over the past ten years. This result indicates that 2023 marks another year of double-digit growth. The firm’s rapid growth has led to the prestigious international publication, The Lawyer, recognising it as one of the European law firms with the highest increase in turnover over the 2018-2022 period (116.9%).
Moreover, over the past financial year, in addition to taking the decision to expand its offices in London and New York, and to open a new office in Singapore, meaning that, with Brussels, it now covers the three world financial capitals and the European regulatory capital, the firm took a further step in its internationalisation and announced the opening of a new office in Lisbon, where more than 25 professionals are already practising Portuguese law.
In addition, the firm achieved excellent results in 2023 in the M&A rankings prepared by the main national and international league tables. The firm ranked either first or second in terms of transaction value in all of these classifications over the past year, and placed in the top three for the number of transactions advised on.
