Linklaters has boosted its Spanish practice with the hire of one of Spain’s leading capital markets lawyers – in the same week that a team left the local arm of magic circle rival Allen & Overy (A&O) to rejoin national giant Cuatrecasas.

Sebastian Albella, one of the founding partners of Ramon & Cajal and a previous head of legal at the Spanish securities regulator, join Linklaters’ Madrid arm.