Located in Alicante, the firm Devesa, formerly Devesa & Calvo, reported its 2023 fiscal results. The company tallies a 41% increase in revenue, reaching 2.2 million euros in turnover, according to information released by the firm itself. This milestone highlights solid growth and steady progress in a competitive legal market across Spain.
With offices now in Alicante, Madrid, and Valencia, Devesa emphasizes a sustained expansion strategy. Company sources indicate more than eight consecutive years of revenue growth, exceeding 30% year after year. This pattern underscores the firm’s ability to scale alongside its increasing client base and diversified service lines.
David Devesa, co-founder and CEO, points to the driving forces behind the growth. He notes a strong commitment to building a robust team of skilled professionals and a growing customer portfolio resulting from nationwide expansion. He also highlights the Madrid office as a strategic milestone that extends the firm’s geographic footprint and service reach.
During 2023, advisory services stood out as a frequently requested offering. The firm supported corporate transactions, restructurings, and institutional matters, providing legal counsel for commercial, labor, and tax disputes. It also advised on bankruptcy proceedings and exits to capital markets or investment funds while engaging in alternative financing activities. These activities reflect a diversified practice that aligns with client needs during times of change and growth.
In 2024, Devesa looks ahead to continued double-digit growth and broader activity across Spain. The announced turnover of 2.2 million euros excludes the Valencia branch, which operates under a separate company, signaling ongoing regional development and a broader footprint within the national market. This expansion is framed as part of a long-term plan to consolidate the firm’s position as a trusted local advisor with a national presence across key commercial hubs.
Devesa & Calvo joins the Cámara Business Club
The Alicante office has positioned itself for broader collaboration and networking opportunities through inclusion in the Cámara Business Club. This move is presented as a platform to connect with peers, exchange knowledge, and align services with a wider business community. The firm’s leadership views the affiliation as a strategic step toward reinforcing its service quality and regional influence while supporting clients as they navigate a dynamic regulatory environment.
The 2024 outlook emphasizes continued growth, expanded services, and a commitment to delivering practical legal solutions across Spain. Devesa asserts that the firm will keep investing in its people and processes to meet evolving client needs and maintain a competitive edge in an increasingly complex legal landscape. By prioritizing client experience and professional excellence, the firm aims to sustain momentum gained in recent years and to shape its future course through disciplined expansion and focused service delivery.