• The Firm achieves a record turnover thanks to its strategy of quality and specialization.
• During 2024 the Firm opened an office in Bilbao and concluded its presence in Porto, completing its coverage of the Iberian Peninsula.

Andersen Iberia reached a turnover of 70.5 million euros in 2024, representing an increase of 40.1% over the previous year. The Firm led by José Vicente Morote has reached a record turnover in its history, thanks to its strategy of quality and specialization, and its commitment to talent promotion and attraction. Along with revenues, the Firm also experienced a significant improvement in other business parameters such as profitability, turnover per Partner and professional, or cross selling, among others. During the year, Andersen also achieved milestones such as the opening of an office in Bilbao or the culmination of its presence in Portugal with the start of its activities in Porto as of 1^st January 2025.

José Vicente Morote, Managing Partner of Andersen Iberia, says: “We are very satisfied with the results of the 2024 financial year, in which the extraordinary growth experienced by the Firm is the result of the improvement in the profile of our clients and the type of matters on which we advise; our progress as an organization, and, above all, the effort and commitment of each and every one of the professionals at Andersen Iberia”.

In Spain, Andersen Iberia’s turnover reached 65.8 million euros, while in Portugal the Firm brought in 4.7 million euros. By offices, Madrid accounted for 55% of total turnover, followed by Valencia (20.2%), Seville (7.9%), Lisbon (6.6%), Barcelona (5.7%), Malaga (3.9%) and Bilbao (0.7%).

The Firm also increased its cross-selling figure to 22 million euros, which represents 31% of its turnover. By department, Commercial Law accounted for 25.9% of total turnover, followed by Tax Law (21.4%), Litigation (16.4%) and Public Law (14.1%). These were followed by Culture, Labor, Real Estate, Legaltech and Economic.

“The distribution of revenues by offices and departments shows that we are a very balanced and, therefore, very sustainable Firm. The Andersen Iberia project not only has a magnificent present, but also an exciting future”, emphasizes José Vicente Morote, who adds that, despite the results obtained last year, ‘we are not satisfied, and we continue to face the future with great ambition; in this regard, for 2025 we have set a 25% growth target’.

Along with the business figures, last year the Firm also took new steps in its social and academic commitment- Creating, along with the Valencia Polytechnic University (UPV) the Andersen UPV Chair in Sustainability and Regulated Markets, and launching, with IE University and Law School, the ESG and Circular Economy Program.