Law Firms

Osborne Clarke sees global FY revenues rise 7%

Revenues at the group’s UK arm increased above the firm’s average year-on-year growth, jumping 8% from £154.6m in FY20 to £166.4m the following year

Osborne Clarke, the international legal practice, saw revenues rise 7% year-on-year to €341m (£290m) in FY21.

Revenues at the group’s UK arm increased above the firm’s average year-on-year growth, jumping 8% from £154.6m in FY20 to £166.4m the following year.

The company’s UK operations also saw a 14% year-on-year increase in net profit to £67.9m for the full year, with profit per equity partner (PEP) climbing 16% to £714,000.

The firm-wide growth was driven by a 23% increase to the group’s technology, media, and communications (TMC) sector, with retail and consumer also spiking 16%.

However, growth was slower at the company’s real estate and finance (3%) and advisory (2%) operations.

Omar Al-Nuaimi, CEO at Osborne Clarke International, said: “What we’ve achieved is the outcome of a lot of dedication and hard work. 

“Despite the challenging circumstances of the last year, our people maintained an excellent level of focus, always keeping clients’ needs in mind and working alongside them as many grappled with rapidly evolving business models.”

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