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DWF, the global legal business, has announced that it has agreed to an exclusive association with the Spanish law firm, RCD (Rousaud Costas Duran).
Doing things differently
Andrew Leaitherland, ceo of DWF, said “This is another important step forward for DWF in developing our global network. RCD is a highly-regarded firm in Spain and through its own international network it will also help DWF to support our clients in Portugal and more extensively into Latin America. This builds further on our recent acquisition in Poland and shows that we are addressing another of the international opportunities highlighted in our prospectus.” Mr Leaitherland added, “We have a significant client and sector overlap with RCD, including in all three of our global sectors of insurance, financial services and real estate. Even more importantly, we are working with a firm that shares our determination to do things differently and to use technology to challenge long-established processes and practices in the delivery of legal services.”
Synergies
RCD is a full-service law firm with strengths in corporate law, tax, insurance, financial services, real estate and energy. The firm has 40 partners and a total of more than 400 people, with offices in Madrid, Barcelona and Valencia. In its last financial year, RCD generated revenue of €34.4m. This is the latest for DWF. Last month, the firm announced an acquisition giving the first presence in Poland, and earlier this year expanded in Australia. Last September, DWF announced an exclusive association with the US law firm Wood, Smith, Henning & Berman. Adolf Rousaud, managing partner at RCD, said “We are pleased to be strengthening our international capabilities through this association with DWF. We have lots of synergies in terms of our ways of working and how we deliver legal services through innovation, technology and our people.”
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