Sonia Velasco

Partner  |  Cuatrecasas



Personal and estate planning
Succession planning
Residency and domiciliation

Enhanced Q&A

What has been the highlight of your practice over the past 12 months?

Our private client team in Cuatrecasas has been very successful due to its extensive knowledge in tax and civil law matters, gained through its extensive client base. We have organised our firm in practice groups based on technical expertise such as private client expertise, but also on business sectors and clients’ jurisdictions. We are advising many of the top families in the Catalonian region where I am based and I am proud of having been part of that success.

What advice would you give rising stars/new lawyers in the private client world?

Based on the kind of clients we advise on private client issues, I would say that trust has to be the basis of any relationship. Clients have to see us as someone who is on their side and who will treat their heritage as if it were our own. Trust and confidentiality is the other principle that any relationship has to be based on.

What is your favourite quote?

"Communication, the thing humans forgot when we invented the words." Richard Branson.

Where have you seen growth in your practice over the last year?

We have been working in lots of estate planning cases. People have had the time to think about these issues and also, unfortunately, have seen the need to do so. In the next 12 months I prefect growth will come with tax residence tax audits, and relocations into Spain and out of Spain.

What do you think will be the biggest three challenges in your practice for the next 12 months?

1) Uncertainty
2) Keeping close contact with clients and colleagues
3) The motivation of our teams

What advice would you give to your younger self?

Work on identifying your strengths and weaknesses: work on your weaknesses and show the world your strengths.