Simmons & Simmons nears €800M revenue mark
Simmons & Simmons has reported revenue of €797 million for the 2025/26 financial year, representing a 12% increase compared with the previous year, while profit rose by 14% to €283 million.
The firm also reported a profit per equity partner (PEP) of €1.44 million, up 11% year-on-year, reflecting continued growth across its international platform and sector-focused strategy.
In Spain, the firm’s performance outpaced the global average, with the Madrid office recording a 17% increase in revenue during the financial year.
According to the firm, growth was driven primarily by its international sector strategy, which focuses on five core industries. The Asset Management & Investment Funds (AMIF) and Technology, Media and Telecommunications (TMT) sectors delivered particularly strong performances, with revenue growth of 12% and 13%, respectively. Together, the firm’s priority sectors now account for approximately 93% of total revenue.
Technology investment
The results also reflect continued investment in technology and artificial intelligence. During the year, Simmons & Simmons integrated Legora into its AI ecosystem, complementing existing generative AI tools such as Percy and Copilot. The firm has also continued developing client-focused autonomous AI agents, including an NDA review and management solution created in collaboration with Flank.
The firm further strengthened its partnership during the year, hiring 37 lateral partners across 14 offices and promoting nine lawyers to partner across seven offices. Women represented 56% of the internal partner promotions, exceeding the firm’s diversity target for 2026.
Commenting on the results, Eduardo Peñacoba, managing partner of Simmons & Simmons Spain, highlighted the strong contribution of the Spanish office and its above-average growth performance within the global network.
Globally, the firm is entering a new five-year strategic cycle focused on expanding its international platform, deepening sector specialisation and accelerating the integration of artificial intelligence into legal service delivery.
