The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Garbayo said that he welcomed the strategic changes at the firm, adding that he looked forward to a greater emphasis on international work.
“Both from an internal and external point of view the firm will make a push in international markets,” he said.
Gómez-Acebo ;has reaped ;the ;financial benefits of its strategic review, breaking the e50m (£39.27m) turnover barrier for the first time earlier this year.
The firm posted a turnover ;of ;e54.6m (£42.89m) for 2007, a near 15 per cent increase on 2006’s e47.6m (£37.39m). The performance showed a gradual return to form for one of Spain’s largest independent firms, which in 2005 grew by only 6 per cent.
At the time Gómez-Acebo managing partner Manuel Martín said: “In 2007 we implemented a number of actions defined in our strategic plan and we plan to implement further actions during 2008.” (The Lawyer, 4 February).
Spanish firms in portugal
Most of the big Spanish firms have substantial offices in Portugal. Gómez-Acebo & Pombo has plans for an office of around 30 lawyers, which would make for a strong base but would still be smaller than its rivals’ outposts.
Uría Menéndez merged with local firm Vasconcelos F Sá Carneiro Fontes & Associados in 2004, giving the firm a total of 60 lawyers in Portugal.
Garrigues opened in Lisbon in 2005 and now has 105 lawyers in Portugal, while Cuatrecasas landed in Portugal in 2000 with an alliance with Goncalves Pereira Castelo Branco & Associados and currently boasts 170 lawyers.