Madrid-headquartered Pérez-Llorca will open a new office in Singapore in the first quarter of 2023, making it the first Spanish law firm to set up in the city state. The firm’s first Asian office will be at the forefront of developing its strategy in the region.
“The Asian economy is outperforming both the American and European economies,” said Pedro Pérez-Llorca, senior partner at Pérez-Llorca in Madrid. “We have to have a presence there, to help our clients and also for ourselves, to develop our own practice and to continue to learn, and Singapore is, without a doubt, the place to be in the Asia-Pacific”.
Senior associate Pablo Hontoria will relocate to Singapore with a small team of lawyers to lead the new office and his appointment as a partner will be proposed at the next general meeting of partners.
Hontoria started his career at Pérez-Llorca in Madrid in 2011 and worked with partner Iván Delgado to set up the firm’s New York office in 2015. He has extensive experience in advising national and international clients on M&As, transfers of assets and business units, as well as on corporate and corporate governance matters.
The new Singapore office will strengthen the firm’s international projection in collaboration with other international offices in New York, London and Brussels. Besides Madrid, the firm also has an office in Barcelona.