All the figures from Uría Menéndez
The 2023 Sustainability Report highlights increased revenues and commitment to diversity, innovation, and employee well-being. Iberian Lawyer has discussed it with Salvador Sánchez-Terán
by ilaria iaquinta
A machine comprising 1,125 people, including 719 lawyers across 12 offices in eight countries. This is the snapshot of the 2023 Sustainability Report released by Uría Menéndez earlier this summer. The report highlights the past year’s achievements despite significant challenges. In 2023, geopolitical conflicts intensified, prices and inflation rose, and extreme weather events marked a year of tremendous global uncertainty. Despite these challenges, Uría Menéndez achieved strong financial results, with revenues of €290.74 million, a 4.49% increase from the previous year.
“We are a law firm stable in our core metrics (staff numbers, lawyers, revenue growth, balance among practices, etc.), and our forecast is to maintain this trend in line with recent years and continue improving our profitability. To achieve this, it is strategic to attract and retain the best talent; to continue investing in team training and legal research; and to thoroughly understand our clients’ realities to support them in their projects,” comments Salvador Sánchez-Terán, managing partner, to Iberian Lawyer about future objectives.
The 2023 financial results reflect the law firm’s success across its 28 business areas. However, they have undoubtedly benefited from the firm’s leading position in private equity and M&A. Specifically, the firm participated in 28 private equity transactions valued at €9.725 billion and 100 mergers and acquisitions worth €17.276 billion, securing top positions in Mergermarket’s rankings in Spain. “The firm has led the M&A and private equity markets for years, and the secret to this is having excellent lawyers specialised in these practice areas and providing a highly valuable service that clients genuinely appreciate. Recently, the firm established the Digital and Intangible Law Group, comprising commercial and procedural lawyers working together, physically as well, to provide a comprehensive service in any matter related to what we might call the ‘digital economy’. We are already working with the leading players in this sector, but it is an area where we intend to continue growing,” explains Sánchez-Terán.
The Team
