Osborne Clarke posts 25% half-year revenue rise
The firm has announced it generated revenue of €111m in the first half of this financial year
November 20, 2015 at 06:03 AM
2 minute read
Osborne Clarke has reported a 25% increase in revenue to €111m (£77.59m) in first half of this year.
The revenue the six months to 31 October 2015 compares to revenue of €89.1m (£62.25m) in the first six months of the 2014-15 financial year. The firm reports its results in Euros "due to its international presence".
Osborne Clarke reported UK revenue of £54.6m in the first six months of the financial year, an increase of 14% from £47.8m in the first half of 2014-15.
In the last six months the firm has passed the 200 partner milestone, converted into a UK limited partnership and entered a formal association with its Hong Kong partner firm Koh Vass & Co.
Osborne Clarke's UK managing partner Ray Berg said: "This revenue has been achieved by a great deal of hard work from all of our people across the business and it's great to see this reflected in our financial results."
The jump in revenue in the last six months follows previous positive financial results for the firm.
In 2014-15 the firm reported full-year revenue of €195m (£150m), a 15% increase from €169m (£142m) the previous year.
Its UK profit per equity partner was £550,000 in 2014-15, up from £513,000 the year before.
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