Garrigues recorded revenues of 443.15 million euros in 2022, up 7% on the previous year. In absolute terms, the growth recorded amounted to 29 million euros, the highest figure in the firm’s history. In Spain, revenues totaled 386.21 million euros, showing an increase of 6.8%.

Fernando Vives, executive president and director partner of Garrigues affirms: “These are undoubtedly good results, for which we have to thank the hard work of our team and the trust placed in us by our clients. They motivate us to continue with our efforts to attract the best talent in order to offer the highest quality of service and anticipate our clients needs.”

In the rest of the world, revenues amounted to 57 million euros, up 8%. The firm is present in 12 countries across 4 continents, with a business model based on organic growth and the opening of own offices. The firm’s team remained stable in 2022, with a total global headcount of 2,122, comprising 24 nationalities.

In 2022, Corporate remained the firm’s largest practice area, accounting for 32% of its business, followed by Tax (30%), Litigation and Arbitration (11.2%), Labor (10.9%) and Administrative (8.2%). All areas recorded sustained growth.

Last year, Garrigues was the leading law firm in terms of number of M&A transactions in the Iberian market (198 in Spain and 39 in Portugal), according to TTR Data. Garrigues’ clients include 80% of the Ibex 35.

Source: Iberian Lawyer - Spain