Țuca Zbârcea & Asociații posted a significant rise in gross revenues from 18.5 million Euros in 2008 to 22.7 million Euros in 2009. The figures do not include the income generated by its secondary office in Cluj-Napoca and neither the revenues obtained by the firm’s separate units of insolvency and intellectual property. Also, the figures do not include the amounts collected by Țuca Zbârcea & Asociații on behalf of various project partners in its capacity as consortium leader, those amounts being paid to the respective partners. According to the firm`s officials, approximately 85% from the reported gross revenues came from the private sector; the profit rate stood at a healthy 58%.

Țuca Zbârcea & Asociații has been acknowledged as the “Law Firm of the Year” – Romania in “Men of the Year Awards 2009”. The award was presented by Nine O’Clock daily in recognition of the firm’s innovative ways of adapting to the new economical and financial context and nonetheless for its international success demonstrated by the opening of a representative office in Madrid.

Țuca Zbârcea & Asociații has become the first Romanian law firm with presence in Spain after it opened a representative office in Madrid to match the increasingly global needs of Iberian investors. Țuca Zbârcea & Asociații sets footprint in Western Europe in association with notable figures of the Spanish diplomatic – HE Pablo García-Berdoy, former Ambassador of Spain to Romania and legal community – Jaime Fúster Rufilanchas, former Managing Partner with Garrigues CEE. Acting as local independent consultants under the Fúster García-Berdoy brand, the duo will bring a unique combination of local and international expertise and unparalleled knowledge about foreign trade and international business law which will be of immense benefit to existing and potential future clients.

Țuca Zbârcea & Asociații has been acknowledged as the “Most Trusted Law Firm of the Year” – Romania in ACQ Country Awards 2009. The award was presented by the ACQ Finance Magazine in recognition of the firm’s efforts to promote sustainable business practices especially during an economic downturn.

Țuca Zbârcea & Asociații is the sole Eastern European law firm included in the Financial Times` Innovative Lawyers report and takes top ranking as the most innovative Continental European law firm in 2009. It is for the first time that an East European law firm holds a top slot in these prestigious awards, alongside the traditional leaders of the law league tables, including the Magic Circle ones. Țuca Zbârcea & Asociații received a total of 288 points for all entries submitted and ranked 1st in the FT Continental European table, followed by Garrigues (Spain), Portolano Colella Cavallo (Italy), Arthur Cox (Ireland), Cuatrecasas (Spain). Also, the firm ranked 7th in the general FT Law 50 index, as it surpassed a range of notable players in the European legal industry.