Squire Patton Boggs: towards the 35 million mark
According to the ranking of the 50 law firms with the highest turnover in Spain in 2023, created by Iberian Lawyer (link magazine Nº134), Squire Patton Boggs experienced a 52% increase in revenue, consolidating its position as the firm with the highest percentage growth in the last year. However, this is not the only notable achievement for the US firm. If we consider its development over the last six years (2018-2023), the firm showed a rise of 190%. Orchestrating this growth and after becoming managing partner of the firm in November 2021, Teresa Zueco, has concluded her second fiscal year at the helm of the firm with a turnover of €20 million. The key to this success? A clear strategy that has led them to become the office whose evolution is the largest of its European partnership. In this exclusive interview, Zueco shares his vision of the firm’s present and future, as well as the future of the legal profession.
by julia gil
Squire Patton Boggs, according to Iberian Lawyer’s revenue survey of the firms that have grown the most (by revenue) in the last year, is the firm that has grown the most in 2023, specifically by 52%. What would you say is the reason for such a large growth in just one year?
On the one hand, the consolidation of transactional areas such as Corporate and Banking & Finance, the growth of practices such as international tax, labour, and trade & sanctions as well as the incorporation of the new litigation/IDR (international dispute resolution) team led by Javier Izquierdo.
Is this growth being seen only in Spain, or at the European and international level as well?
The growth of the Madrid office is the largest in the European partnership (UK LLP). At European level our aggregate growth has been 16% which is certainly a very good result.
In the last 6 years, according to the same study carried out by Iberian Lawyer, the firm has grown by 190%, would you highlight any of the growth that has taken place in the almost 3 years that you have been at the helm?
Although it may seem obvious, the growth of the Madrid office is the result of the efforts of all its partners. We are a team, and we work as a team, we share objectives and the strategy to achieve them. In the last 3 years, together we have repositioned Squire Patton Boggs in Madrid, we are a full-service office with excellent professionals in each of the areas.
Which areas would you highlight as the ones that have seen the greatest growth? Considering the level of revenue in each area.
