Cuatrecasas increases revenue by 10.2%, reaching €388.7 million

Cuatrecasas closed 2023 with a consolidated turnover of 388.7 million euro, a new all-time high for the firm, which represents an increase of 10.2% compared to 2022. In Spain, it has increased its revenues to 309.7 million. In the last decade (2014-2023), the firm has increased its accumulated revenues by 52.2%, which is 133.3 million euros more than 10 years ago.

Growth

In 2023, they added 396 people to their team, 68% as lawyers and 32% in other groups. Most of the new recruits (380 people) are from within the firm. Of all new recruits in 2023, 151 are men and 245 are women. There are 270 lawyers, 4 paralegals, 78 professionals from the organisation and 44 members of the secretariat.

They have a multidisciplinary and diverse team of more than 1,800 professionals and 29 nationalities, covering all disciplines of business law. It has a presence in 13 countries located on 4 continents through 27 offices.

The firm has also published its 2023 Corporate Sustainability Report in which it accounts for its management in non-financial areas, after having renewed its double materiality analysis in line with EFRAG methodology.

Javier Fontcuberta, managing partner of Cuatrecasas, considers that these results are a clear indicator that the firm is doing well: “In a financial year that was marked by geopolitical tensions and market volatility, the firm’s results were in line with the targets set. We have particularly focused on the legal market in Latin America and Portugal. We have also doubled our commitment to talent, innovation and high-value multijurisdictional service with the implementation of a new strategic plan.”