Iberian firm Cuatrecasas Gonçalves Pereira has posted a 4 per cent increase in turnover to €265.7m (£208.5m) in 2015.

The results mark the fourth consecutive year of growth in revenue for the firm. Around 20 per cent of revenue was brought in by international work, with inbound business increasing by 5 per cent compared to the year before.

These results follow the firm’s move into new office space in London rented by French ally Gide Loyrette Nouel, as the development of the non-exclusive alliance between the pair, Chiomenti and Gleiss Lutz progresses.

The firm’s corporate practice represented 36 per cent (€96.5m) of overall revenue, followed by tax (33 per cent), litigation (22 per cent) and labour and employment (9 per cent).

The firm said it wanted to achieve 5 per cent growth in 2016, and added that it planned to bring 100 new lawyers to the firm across all practice areas.