Italian Law Firm Merger Reports Revenue of €132.4 Million, Expands into Space Economy
The merger of two prominent Italian law firms has resulted in a firm with a revenue of €132.4 million for 2024, employing 60 partners and 380 professionals across offices in Milan, Rome, and Turin. This merger is noted as the most significant sector consolidation in the Italian professional market in recent years.
The managing partner, Bruno Gattai, highlighted the challenges in convincing stakeholders of the merger's necessity, but deemed the timing optimal for such an operation. The merger has led to immediate integration into the top tier of the legal market, with a reported revenue increase of 10% in the first year and an estimated 8-10% growth in the current year, achieved without operational disruptions. The firm is now focusing on establishing a dedicated team for the growing Space Economy sector.
