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Clifford Chance

Clifford Chance

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Our high-profile domestic and international work has built our market-leading reputation. We combine forty years’ experience in the Spanish market with the reach and resources of the firm’s international network.

A market-leading team, delivering value to clients. Creative, proactive, efficient and accurate

We've been established in Spain for 40 years. We opened our first office in Madrid in 1980 and our Barcelona office in 1993. Today we are Spain’s market-leading international firm with 23 partners, 150 lawyers, and 28 Tier One rankings in the 2019 editions of Legal 500 and Chambers Europe. Our work on top-tier transactions and our extensive experience in Spanish markets has helped us form close relationships with regulators, government agencies and leading international companies.

This combination of domestic and international experience means that our clients get the transactional capability of an international firm with the on the ground know-how and connections of a long-established Spanish firm.

We understand cross-border transactions

Our team regularly works with colleagues from our international network on complex multi-jurisdictional transactions. And we stay in close contact with our offices in the Americas . 

  • “Spectacular co-ordination between offices” "They have cross-border capabilities as well as in-depth knowledge of domestic legislation."
    Chambers Europe 2019

We build the team that fits the client's needs

Our experience has taught us how to work efficiently on complex projects and ensure that we use our resources – and our clients' time – as effectively as possible. And clients say that our approach and our talented lawyers deliver the right results.

We work closely with our top-tier clients, addressing the challenges and conflicts they face, being innovative in the solutions proposed, advising on front-page deals, and contributing when necessary with a cross-border service. 

A focus on efficiency

We deliver what our clients need in the most commercia, pragmatic and efficient way possible. We regularly partner with clients to examine the complete end-to-end process of regular legal mandates so that we can identify more efficient ways of working together.

Our approach is tailored to our clients' industry sectors

We believe that the most effective advice is grounded in industry knowledge and local-market experience. We have established a number of global cross-practice groups that have detailed knowledge of our clients’ industries and businesses and provide focused, practical and comprehensive advice.

  • I can rely on them in negotiations not only from a legal point of view but also from a business point of view, because they are sensitive to my needs and objectives.
    Chambers Europe 2018
  • "They study the cases in a very dedicated and detailed way and you receive extraordinary legal advice
    Chambers Europe 2019
  • The team is very hard-working, always clear in its responses and always available, which we really value.
    Chambers Europe 2019

Awards and milestones

We are the leading international law firm in Spain, according to Chambers Europe and Legal 500 with 12 and 16 tier-one categories in 2019 respectively.

  • Luis Alonso received the ILO Client Choice 2017 Award for "Best M&A lawyer" in Spain last February, granted by the International Law Office (ILO) / Lexology.
  • Carlos Portocarrero is recognized as Star Lawyer of 2018 by Property EU.
  • José Guardo is ranked as "Star Individual"
    Chambers Europe 2019: Spain – Projects
  • Miquel Montañá is ranked as "Star Individual"
    Chambers Europe 2019: Spain – Intellectual Property, Life Sciences
  • Jaime Velázquez received the Expansión Jurídico 2017 Award for "Best Lawyer of the Year"
  • National Law Firm of the Year
    IFLR, 2017
  • Best Patents Law Firm
    Global IP Awards 2018, IAM and WTR
  • Best Infrastructure Firm
    Expansión Jurídico Awards 2019

Recent highlights

Examples of our work include advising:


WiZink, a portfolio company of Värde Partners formerly known as Bancopopular-e, on the acquisition of the Barclay’s Barclaycard business in Spain and Portugal and the acquisition of Banco Popular Group's credit and debit card business in Portugal.

Consumer Goods & Retail

Carrefour Spain on the acquisition of the business of compact hypermarkets in Spain, shopping malls and gas stations, all of them pertaining to the Eroski Group. 

Energy & Resources

The ad hoc committee of bondholders on the restructuring of Spanish renewable energy company, Abengoa.

Funds & Investment Management

SUMA CAPITAL in the structuring and incorporation of SC Efficiency & Environment Fund II, F.C.R.

Healthcare, Life Sciemnces & Chemicals

Pfizer, on the enforcement of a second medical use patent. 


Plastic Omnium on the acquisition of the Faurecia Exterior System business for an enterprise value of €665 million and the subsequent divestment of certain assets, as requested by the European Commission for €200 million, to Flex|N|Gate.


MAPFRE, S.A. on its issue of 600 million euros 4.375% Fixed/Floating Rate Reset Callable Subordinated Notes due March 2047.

Private Equity

Ardian and other shareholders in the sale of a 25% stake of Compañía Logística de Hidrocarburos (CLH) to CVC.

Real Estate

Ivanhoe Cambridge on the sale of Xanadú Shopping Centre and the Xanadú Snow Zone.

Telecommunications, Media & Technology

MásMovil, on the acquisition of the entire share capital of Yoigo, one of the main telecoms operators in Spain, from its previous shareholders.

Transport & Logistics

IAG and LATAM Airlines before the EU and Latam competition authorities in respect of their South Atlantic Alliance. 

Directory listings and client comments

Directory listings

Chambers Europe: Spain, 2017

  • Tier One in M&A
  • Tier One in Banking & Finance 
  • Tier One in Public Law
  • Tier One in Competition
  • Tier One in Dispute Resolution
  • Tier One in Intellectual Property
  • Tier One in Restructuring
  • Tier One in Energy & Natural Resources
  • Tier One in Project Finance
  • Tier One in Private Equity
  • Tier One in Life Sciences
  • Tier One in Real Estate
  • Tier One in TMT (Telecoms)
  • Tier One in Life Sciences: Patents

Legal 500: Spain, 2017

  • Tier One in Commercial, Corporate and M&A
  • Tier One in Banking & Finance 
  • Tier One in Public Law
  • Tier One in EU and Competition
  • Tier One in Dispute Resolution
  • Tier One in Restructuring & Insolvency
  • Tier One in Projects & Energy
  • Tier One in Private Equity
  • Tier One in Capital Markets
  • Tier One in Real Estate and Construction
  • Tier One in Healthcare & Life Sciences
  • Tier One in Intellectual Property

Client comments

  • "It is a strong team of brilliant minds: very responsive and hard-working with a high level of service."
    Chambers Europe 2017
  • "They really understand the market, they have the right attitude and they deliver."
    Chambers Europe 2017
  • "To instruct the firm is a gurantee of good work."
    Chambers Europe 2017
  • "Clients are impressed by the high-quality team with its cross-border experience and strong ability to coordinate with other jurisdictions."
    Chambers Europe 2017


Nuestra participación en las principales operaciones nacionales e internacionales ha consolidado nuestra reputación y liderazgo en el mercado. Con 40 años de experiencia en España, ponemos a disposición de nuestros clientes los recursos globales de una firma internacional presente en 22 países.

Un equipo líder en el mercado, que aporta valor a sus clientes. Creativo, proactivo, eficiente y preciso

Con 40 años de avalada presencia en España, nuestra participación en las operaciones que están marcando la actualidad económica y nuestra amplia experiencia internacional nos ha posicionado como firma de referencia en el mercado. Abrimos nuestra primera oficina en Madrid en 1980 y en Barcelona en 1993. Hoy somos la firma internacional líder en España con 23 socios, un equipo de 150 abogados y el reconocimiento de las principales publicaciones del sector – 28 primeras posiciones en los rankings Legal 500 y Chambers Europe 2019.

Un equipo con presencia en los principales centros financieros y comerciales que combina el conocimiento del mercado local, la experiencia internacional y los recursos globales

Ponemos a disposición de nuestros clientes un profundo conocimiento del mercado local y de la regulación, así como los recursos globales de una gran firma. Nuestra activa participación en las principales operaciones transnacionales y nuestra experiencia en el mercado español nos ha permitido desarrollar estrechas relaciones con el regulador, con las instituciones públicas y con las principales compañías nacionales e internacionales.

Nos adaptamos a las necesidades de nuestros clientes, de la manera más eficiente y entendiendo su sector

Nuestra experiencia nos ha enseñado a trabajar de manera efectiva en proyectos complejos y a asegurarnos de que utilizamos nuestros recursos – y el tiempo de nuestros clientes – de la forma más eficiente posible. Nuestros clientes aseguran que la combinación entre excelencia técnica y capacidad de servicio tiene un impacto directo en la consecución de sus buenos resultados, siempre bajo el respaldo de un asesoramiento jurídico personalizado y un apoyo transaccional comprometido con los objetivos de negocio. Creemos firmemente en que el asesoramiento más efectivo es aquel que se basa en el profundo conocimiento del sector e industria del cliente, y para ello hemos establecido grupos de práctica multijurisdiccionales especializados.

Nuestros clientes nos avalan:

  • "Puedo depender de ellos en negociaciones, no solo desde el punto de vista legal pero también desde el punto de visto de negocios, porque son sensibles a mis necesidades y objetivos."
    Chambers Europe 2018
  • "Estudian los casos de forma muy dedicada y detallada, y recibes un asesoramiento legal extraordinario"
    Chambers Europe 2019
  • "El equipo trabaja muy duro, es siempre claro en sus respuestas y está siempre disponible, lo cual valoramos mucho"
    Chambers Europe 2019

Premios y reconocimientos

Somos el despacho internacional líder en España, según Chambers Europe y Legal 500, con 12 y 16 categorías número uno en 2019 respectivamente.

  • Carlos Portocarrero es reconocido como Star Lawyer por Property EU.
  • Jose Guardo es Star Individual en Chambers Europe 2019: Spain -Projects
  • Miquel Montañá es Star Individual en Chambers Europe 2019: Spain – Intellectual Property, Life Sciences
  • Jaime Velázquez recibió el Premio Expansión Jurídico 2017 de Mejor Abogado del Año
  • Despacho Nacional del Año
    IFLR, 2017
  • Mejor Despacho de Patentes
    Global IP Awards 2018, IAM y WTR
  • Mejor Despacho de Infraestructuras
    Premios Expansión Jurídico 2019