Firms merge to form Concepción Global and expand to Madrid

Miami law firms Concepcion Disputes and Global Tax Law PLLC have announced their merger to create Concepcion Global PLLC, and expand into Madrid, Spain.

The new entity will serve multi-jurisdictional firms and high net worth clients with business interests in the Americas and Europe. It will be the first Florida-based boutique firm to operate under a distributed international law firm model with an office in Spain.

Led by father-daughter duo Carlos F. Concepción (pictured right) and Christine A. Concepción (pictured left), the new office will open its doors on 26 October on C. de Almagro in Madrid. The Miami office will remain at 201 S. Biscayne Blvd.

As the first Florida-based boutique to operate under a distributed international law firm, Concepcion Global lawyers will collaborate across jurisdictions and time zones and have control over how and when they want to work.

“The move is a natural next step for the firm, given the increasing number of high-net-worth individuals moving to Europe […] We’re following our Latin American clients, as well as Americans who are moving to Europe. This migration trend started during the pandemic, but they are actually staying over there for business, social and cultural reasons. In fact, many of our clients are now calling ‘Miami 2.0’,” says Christine.

Co-founder Carlos stated: “It’s a very different compensation arrangement to the hierarchical model that traditional law firms use […] The distributed law firm model caters to the laterals joining our firm because it empowers them to act independently and set their own rates. We pay the attorneys an internal hourly rate based on particular metrics and they get to keep between 70% and 80% of their originations.”

The firm is negotiating to hire several lawyers in the US and will continue to hire in the coming months.

Carlos Concepción focuses on institutional proceedings involving international and domestic commercial disputes, and investment-treaty matters administered by the International Centre for Settlement of Investment Disputes (ICSID). As an advocate, he represents clients in international business disputes, and parties in investor-state international treaty cases. He has more than 35 years of experience in international disputes, especially in the intersection between common and civil law jurisdictions. Part of this experience includes serving in leadership roles in some of the largest firms in the world.

Christine Concepción handles international and domestic tax matters, advising individuals and their closely held businesses on international and domestic income tax and estate planning, U.S. pre-immigration tax planning and expatriation from the U.S. She also represents taxpayers in federal tax audits, offshore voluntary disclosures and streamlined disclosures as well as advises them on criminal tax investigations and other criminal tax matters. Christine also advises Latin American and European investors on investments in U.S. real estate and assists cross-border businesses on establishing a business presence in the U.S. Before launching her firm, Christine worked in international tax and private client groups at Deloitte Tax, DLA Piper and McDermott Will & Emery.

L Giselle Estrada