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The law firm RCD has opened an office in Valencia as part of its growth strategy, which joins the offices already present in Madrid and Barcelona. After gaining prestige in the sector, the firm now sprouts roots in the Valencian Community, taking note of the strong economic growth experienced by this region in recent years, as well as the strong ties that link the firm to the eastern part of the country.

The new office, located at Calle Moratín 17, is in the heart of the city next to the City Hall and the main street Calle de les Barques. It has a multidisciplinary approach and operates as a single unified office with RCD’s other locations, which will allow it to offer more than 20 legal and sectoral specialties, being able to provide both comprehensive and highly specialized advice at the same time.

On the opening of the new office, Adolf Rousaud, managing partner of the firm, said: "Valencia is a region with a solid economy, a strategic location and international projection. We identify with Valencia’s competitiveness, entrepreneurship and innovation, and also share many ties. From our beginnings, we have defended the interests of numerous Valencian companies and individuals, in many cases advising them on transactions of great impact, not only for the companies themselves, but also for the region. In addition to these economic reasons, there are also personal reasons: part of our partners and professionals come from the Valencian Community, so we feel very connected to the area".

Due to the abovementioned, the managing partner considers that the decision to open offices in Valencia “adjusts perfectly to the firm’s strategy to widen its network, with the aim of offering personal and close advice of the highest caliber.” In this sense, Rousaud says “the goal of the firm is to continue to offer distinguished service to its clients. We are not just another multidisciplinary law firm; we have been characterized by our highly specialized service from each of our practice areas, combining the advantages of a large firm with the close treatment, market knowledge and expertise of a boutique firm.

Growth

The opening of a new office comes in response to the unstoppable growth that RCD has experienced in recent years, being one of the fastest growing offices in the market and ranking among the top legal firms in Spain. The firm invoiced a total of 25.5 million euros in 2016. This was 24% more than in 2015, having also experienced the same percentage growth compared to 2014. In addition, in 2016, RCD was, for the second consecutive year, the most active advisor by volume of transactions in venture capital and one of the most outstanding in M&A, according to the main rankings of the sector, including Transactional Track Record (TTR) and Bloomberg.

New Hires

The opening of the new office is made complete with the hiring of Borja de Gabriel, a native of the Valencian Community, as the new partner of the Tax Area of RCD, from the firm MA Abogados. He holds a degree in Law from the University of Valencia and a Master's Degree in Business Tax Consulting from the Instituto de Empresa. De Gabriel has an extensive track record of providing recurring tax advice for companies and industrial groups. He has advised on the internationalization processes of Spanish companies (analyzing taxation in the country of destination and advising on the design and implementation of schemes and measures of international tax planning) and advised international groups on their investments in Spain. He is a member of the Bar Association of Valencia and the Spanish Association of Tax Advisors.

Ricardo Pla also joins the Valencia Office as a Senior Associate in the Corporate and Commercial Area. Pla has extensive experience in corporate and contractual law, in business reorganization, M&A, restructuring and debt refinancing processes.