Spanish independent Gómez-Acebo & Pombo is edging closer to the €50m (£33.67m) mark, after recording a revenue rise of 11 per cent for 2006.
The firm made €47.5m (£31.99m) for the last financial year, up by almost €5m (£3.37m) from 2005.
Although Gómez-Acebo’s growth rate is not exceptional for the buoyant Spanish market, it is an improvement on last year’s increase of 6 per cent.
The firm made up four new partners at the beginning of the year to hike its partner count to 43. Overall the number of lawyers at the firm increased by 24 per cent to reach a total of 218.
In 2006 Gómez-Acebo laid the foundations for a growth strategy that saw the firm snap up Mullerat’s Madrid office and announce plans to launch a representative office in London.