Osborne Clarke revenue rises to €245m
Osborne Clarke has reported profits of £52.5m in 2016/17, representing a 5 per cent increase over last year’s figure of £49.8m. The prior year’s turnover rate was recalculated using the same average currency conversion rate as 2016/17 in order to provide a like-for-like comparison.
Net profit rose from £49.8m to £52.5m, while profit per equity partner (PEP) was up 3 per cent to £652,000. According to UK managing partner Ray Berg, the firm’s financial results show that its international offices are growing.
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