Osborne Clarke reappoints senior partner for second four-year term
Andrew Saul takes new term as OC senior partner after standing unopposed
December 15, 2017 at 04:28 AM
2 minute read
Osborne Clarke (OC) senior partner Andrew Saul has been re-elected for a second four-year term, after standing for the role unopposed.
Saul (pictured), who has been a partner at the firm for 21 years, was head of corporate for seven years before becoming senior partner in 2014.
During his time in office, OC's revenue has increased by more than 50%, climbing from £113m in 2013-14 to £172.7m in the last financial year.
Saul said the firm's sector-focused strategy and international expansion have been essential to that growth.
OC focuses on eight key sectors: digital business, energy and utilities, financial services, life science and healthcare, real estate and infrastructure, recruitment, retail and consumer and transport and automotive.
Saul said: "Looking back over the first term, what has been particularly pleasing is that we have invested heavily in the business; we have grown headcount, invested in people, new offices, infrastructure and international development and, at the same time, we have managed to produce a good financial performance and to strengthen our cash position.
"Looking back, the combination of that heavy investment and a pleasing financial performance is really gratifying.
"One of the things that has been pivotal in the success of the past few years has been the delivery of our sector strategy. That sector focus will continue but in a sharpened and more focused way. About 95% of our work is coming from our key sectors and almost all of our pitches are to businesses within our sectors," he added.
OC has also grown rapidly internationally during Saul's first term, most recently adding an office in Stockholm and moving into Shanghai via a tie-up with a local firm.
However, Saul said the UK firm is now looking at consolidating its international network and is not planning to open in new jurisdictions.
"We are in all of the places we want to be; it is around consolidating what we have got," he said. "We are seeing a lot of work moving around the network of offices, so you can see that happening already and it's a case of building on that and developing it further," he said.
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