Miguel Cuesta Boothman is a partner at Montero-Aramburu Abogados, a firm that moderated the Financial Services panel at the Aranzadi in-house lawyers’ Congress, held November 16 and 17 in Madrid.

Over the past few years, he has developed his professional practice in the areas of commercial law and procedural law. Since 2005 it has been involved in the purchase, sale, construction and financing of energy projects in Spain, as well as in France, Germany and the UK. Likewise, they have intervened in various European jurisdictions in the sale of the operations and maintenance branch of the electricity production facilities of an important German company. In the field of litigation and arbitration, Miguel develops his activities in the civil and commercial fields, being the legal representative of national and international companies from various sectors in pre-litigation and disputes (before the courts in all cases).

What is the contribution of large firms to the work of lawyers and at home company?

Before answering the question, it is necessary to underline the important role played and at home company. As a general rule, they are the repository of trust for the business owner or manager, if necessary, and those responsible for ensuring regulatory compliance. Large firms provide a level of specialization to corporate attorneys. We live in a highly changing environment, with a high level of regulation, where companies are increasingly competitive and seeking specialist advice, not only by subject, but also by sector. That and at home They are not only looking for specialists by subject, but also lawyers who know the sector and the activities of the company itself, authentic craftsmen who are able to understand their needs and solve their problems.

What challenges do you face? and at home To the firm’s lawyers? In what field are you most interested?

That and at home They require large firms to keep their lawyers up to date and able to anticipate their problems. Given Montero|Aramburu’s specialization, the business areas most in demand are: energy, tax, restructuring, public and regulatory, financing and real estate.

What are the key future challenges in business advice? and the oldest obstacle?

The main challenges that law firms must face are related to investments in technology and artificial intelligence, with the aim of rationalizing and simplifying processes. The biggest obstacle or difficulty we will face is talent search and retention.

What topics would you highlight as the most relevant of the topics discussed at the financial services table of the Aranzadi Lawyers Congress? And a reason.

All participants in the restructuring table explained the important changes brought about by the bankruptcy and restructuring process since the entry into force of the new regulations, highlighting the important role that law firms will take in all these regulations. Various representatives of financial entities emphasized the need to have expert offices in the field, which collaborate in finding solutions that allow the survival of bankrupt companies.