Madrid, Spain — Pérez-Llorca, a prominent law firm based in Spain, has reported a global pro forma revenue exceeding €165 million for the year 2024. This marks a significant growth in their financial performance, with revenues from their Spanish operations alone surpassing €133.6 million, an 8% increase from the previous year.
According to managing partner Pedro Pérez-Llorca, 2024 was a pivotal year characterized by strategic international expansions and substantial investments in both innovation and technology. “This growth not only consolidates our market position but also equips us to tackle the challenges of a rapidly evolving legal, social, and geopolitical landscape,” Pérez-Llorca stated, adding that the firm plans to continue its international expansion through 2025 by leveraging top talent and cutting-edge technology to serve its clients.
The firm’s overall performance in 2024 represents a robust 33% increase from 2023, when revenues were reported at €124 million. These figures include contributions from operations in Spain, as well as in newer markets such as Portugal and Mexico, which have become significant areas of growth for the company.
Internationally, the business generated 20% of the total turnover in 2024. This success is part of a consistent upward trajectory, with the firm achieving a fivefold increase in its sales over the past decade, translating to an approximate growth of €133 million.
The firm’s global strategy recently included the integration of the Mexican firm González Calvillo and the establishment of an office in Portugal. Around 45 professionals are currently employed at the Portugal office. The integration with González Calvillo aims to create a leading legal practice in Mexico, focusing on major transactions, financings, transnational litigation, and regulatory matters.
These expansions enable Pérez-Llorca to offer comprehensive legal services in Spanish, Portuguese, European, and Mexican law from its offices located in Barcelona, Brussels, Mexico City, Lisbon, London, Madrid, Monterrey, New York, and Singapore.
Furthermore, early in 2024, Pérez-Llorca broadened its management structure by appointing Julio Lujambio as executive partner and Iván Delgado as international executive partner. They join Pedro Pérez-Llorca and Constanza Vergara, who serves as partner and COO, in leading the firm.
The firm also established an international partnership board last year, consisting of 30 partner members, including representatives from Spain, Portugal, and Mexico. This board is charged with promoting firm growth, ensuring service quality, maintaining corporate culture, and fostering talent development.
In a notable innovation, Pérez-Llorca was the first Spanish law firm to integrate a second-generation generative artificial intelligence tool specifically designed for legal applications, known as Legora. This AI tool represents a significant advancement in ensuring the highest quality of legal advice.
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