Garrigues’ revenues growth has been slowed by the sharp fall in the exchange rate in the Latin American countries where the firm is present due to the impact of the pandemic on their economies: at constant exchange rates and the same perimeter, the increase in the firm’s revenue for the year is 3.6%. Revenues in Spain amounted to €336.7 million, after increasing by 2.5% in the year.

According to the firm: “From the moment the pandemic was declared, and despite the uncertainty, Garrigues made a global commitment not to adopt any extraordinary measures to reduce or freeze salaries or lay-offs. At the same time, it reinforced its commitment to attracting and retaining talent, its commitment to diversity and equal opportunities, and redoubled its efforts in training.”

Source: Iberian Lawyer - Spain