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Fieldfisher Spain has reported a remarkable 18% increase in revenue, reaching €16.3 million in 2024, with the financial year running from January to December. The success highlights the firm's strong financial performance and its ambitious growth strategy. This year's financial results surpass the firm’s 2023–2025 strategic plan, which set a 35% growth target over the period and a 20% revenue increase for 2024.
Key highlights
- Strong financial growth: Turnover reached €16.3 million in 2024, an 18% increase year-on-year.
- International expansion: Work for international clients now represents over 20% of total revenue.
- Talent investment: Five lateral hires and two internal promotions strengthened key practice areas.
- Leadership transition: New management team focuses on global reach, service excellence, and high-calibre recruitment.
The firm's international expansion has played a significant role in this achievement, with work for international clients now representing over 20% of total revenue. Cross-selling between practice areas has also strengthened client relationships and enhanced service offerings.
Fieldfisher Spain has invested in talent to bolster its expertise, welcoming several key lateral hires and promoting top performers within the firm. Notable additions include Javier Cuairán (Criminal Law & Compliance), Adriana Lafuente and Pablo Vinageras (Corporate M&A), Víctor Morán (Tech & Data), and Xavier Aixelà (Tax). Promotions include Jacobo Otero (Banking & Finance) and Javier Galán (Real Estate), who were both elevated to equity partners, contributing to an 11% increase in fee-earners, bringing the total to 101.
A focus on the energy, financial services, life sciences, and technology sectors has driven robust revenue growth, demonstrating that Fieldfisher Spain plays an integral role in the firm’s focus sector strategy. At the practice level, Tech and Data, Corporate M&A, Labour, Compliance, and Tax practices have delivered the fastest growth rates this year.
A leadership transition at the end of 2024 saw Héctor Jausàs appointed as President, with Rodrigo Martos and Talmac Bel as Co-Managing Partners. This new leadership team is prioritising international reach, service quality, and talent attraction as core strategic goals.
Commenting on the impressive financial results, Co-Managing Partner, Rodrigo Martos, said: “We are pleased to see that our outward-looking strategy, propelled by our commitment to high-quality service and international collaboration, is bearing fruit. This approach continues to drive our sustained growth in the Spanish legal market.”
Co-Managing Partner, Talmac Bel, added, “Attracting and retaining top legal talent is a core priority for us. The significant expansion of our Spanish operations over the past year underscores our position as a dynamic and ambitious firm.”
Héctor Jausàs, President of Fieldfisher Spain, added:
“Fieldfisher Spain continues to thrive despite a competitive economic climate. Over the past year, we have attracted high-quality hires, secured top-tier client mandates, and strengthened our collaboration with the wider Fieldfisher network to serve international clients. I look forward to another stellar year of growth, as we capitalise on the many opportunities in the Spanish market and beyond.”
Robert Shooter, Global Managing Partner of Fieldfisher:
"Spain is an integral part of Fieldfisher’s international network, playing a key role in our European strategy. The growth of the Spanish business, alongside the expansion of our talent and client base, is a testament to the strength of our platform in the region. I have full confidence in Héctor, Rodrigo, and Talmac’s leadership as they continue to build on this success.”
Fieldfisher Spain's strong performance aligns with the firm's overall annual results for FY23/24, with a turnover of approximately €430 million—a 10% increase compared to the previous year. Key practice areas, including Corporate, Dispute Resolution, Financial Markets and Products, and Regulatory, all recorded double-digit growth. Fieldfisher's European network continues to demonstrate solid growth, with notable progress in Ireland, Germany, Luxembourg, and the UK.