Spanish heavyweight Garrigues upped global revenue by 9.5% in 2025 to a new high of €527.7m, a figure the firm said cemented its position as the leading law firm in the EU by revenue.
The result marks the 12th consecutive year of growth for the Madrid-based firm and should see it stay comfortably ahead of Spain’s second-ranked firm Cuatrecasas, which is yet to post its 2025 results but pulled in €436.1m in 2024.
The increase marks a step up on 2024, when Garrigues upped revenue by 6.1% to €481.9m after rises of between 2.5% and 7% in the previous three years and a lacklustre 1.4% increase in 2020, when turnover was dragged down by a “sharp” decline in Latin American currencies due to the Covid-19 pandemic.
Revenue totalled €437.2m in Spain this time round, an increase of 4.3%. International revenue, which rose 8.9% in 2024, jumped 44.5% to €90.5m, fuelled by the firm’s landmark merger with Mexican firm Sánchez Devanny, which was formalised early last year, accounting for 17% of total revenue in 2025.
Fernando Vives, executive chairman of Garrigues, said 2024 had been “a strong year” for the firm.
“We have succeeded in increasing revenue even more than in previous years,” Vives said. “Our goal is not growth for growth’s sake, but rather to ensure solid, profitable growth that enables us to continue offering the best possible service, to have the best professionals and to invest in everything we consider to be strategic, such as our digital transformation. We are confident we can continue this trend in 2026.”
Corporate remained Garrigues’ largest practice area in 2025, accounting for 32.6% of its business. Tax contributed 29.3%, followed by litigation and arbitration (12.6%), labour (12.2%) and administrative (7.8%).
The firm, which topped London Stock Exchange Group’s 2024 Spanish M&A rankings by deal value, placed eighth last year after working on deals worth $9.2bn, behind Spanish rivals Cuatrecasas ($11.1bn), Pérez-Llorca ($16.7bn) and third-placed Uría Menéndez ($22.5bn).
Garrigues pointed to the €75m it has invested in innovation and digitalisation over the past five years, including in its homegrown AI platform, Garrigues GA_IA, which is intended to provide staff with access to internally trained models that are also integrated with commercial models like Harvey.
The firm said it had also developed a suite of products designed to help clients ensure their digital policies are compliant through the g-digital business division it launched in 2024 after acquiring a 51% stake in EADTrust, which specialises in ‘digital trust’ products and services, in 2023.
Email your news and story ideas to: [email protected]
