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UK Regional Firms

Osborne Clarke (London, Bristol, Reading)

Our view....
 
Osborne Clarke is on stellar form. 2015/16 global revenues are up by 17% to £112.9m largely due to its sector focus and recent international expansion. It's gone from having six offices in three countries to 20 offices over nine countries, covering Belgium, Germany, Italy, France, Hong Kong, Netherlands, Spain, the UK, and the USA.

The firm recently acted for Carphone Warhouse on its £1.7bn demerger and £500m acquisition and advised Grifols on its $4bn acquisition of Talecris and subsequent acquisition of part of Novartis for $1.7bn.
 
One of OC's trump cards is that its London office (which now undertakes circa 40% of the firm's work) can outsource work to its Bristol and Thames Valley offices. These have lower costs, so the firm can turn a bigger profit: great news if you're a partner, or a Bristol-based assistant keen to do City work. And the firm's new salary structure for senior assistants means that you should be appropriately paid for it.  

One of the first things the previous Managing Partner Simon Beswick did was to provide a clear structure to career progression at the firm. Mid-level lawyers who've proved themselves can be promoted to associates, when they get a cash bonus, discretionary pay and a formal development programme to give them the skills they need for partnership. There's no up-or-out policy, so if you don't like the idea of sacrificing your life to the firm it's possible for you to be a long term "associate of value".

OC's headquarters have also now moved from Bristol to London, with Bristol being labelled the firm's 'home town'. This was a sensible move as its London office continues to pull in first class work and is more and more likely to be seen on deals alongside the likes of Travers Smith and Macfarlanes.

OC performed extremely well in RollOnFriday's 2016 UK Firm of the Year survey, coming in the top three. New Managing Partner Ray Berg has clearly hit the ground running - respondents rated management at 92%, praising the firm for its "lack of hierarchy", "balanced outlook on life" and "amazing people", and scored its culture 95%, the highest-rated in the survey.

NB: the salaries listed in the table are for London. You're not on quite as much in the regions. NQs in Bristol get £47k and in Reading, £50k.

Top quality work, rapidly rising profits and an open and meaningful career structure make OC a good egg. For more information on Osborne Clarke click here
For more information on Osborne Clarke click here

Salary

Salary (1st seat trainee): £36,500
Salary (NQ): £62,500
Salary (1PQE):
Salary (2PQE):
Salary (3PQE):
Salary (Salaried partner):

Bonus Scheme

Bonus scheme: Yes
Typical bonus as % of salary
- NQ: %
- 1PQE: %
- 2PQE: %
- 3PQE: %
- 4PQE: %
- 5PQE: %
- Partner: %

Training

Grant for GDL: £6,500
Grant for LPC: £6,500
Training places per year: 20
% of trainees retained: 100%

RollOnFriday Firm of the Year Scores

Salary: 72%
Development: 75%
Work/Life: 80%
Openness: 89%
Biscuits: 90%
Toilets: 69%
Social: 70%
Firm of the year overall score: 78%

Benefits

Holiday allowance: 25 -28
Flexi holiday: No
Pension: Group personal pension scheme
Healthcare: Yes
Maternity policy: Enhanced to 12 weeks' full pay on completion of 1 year's service, 15 weeks' full pay on completion of 3 years' service on or before the 11th week prior to the EWC
Target hours: 1300
Childcare vouchers: Yes
Gym: Discounted corporate membership
Restaurant: Yes
24 hour photocopying support: Yes
24 hour secretarial support: Yes
Other: Christmas shopping day, season ticket loan, life assurance, eye care, cycle to work scheme, paternity leave

  

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Your Views

Feel free to enter your comments on the news story below, subject to our terms and conditions. Please note that comments are subject to moderation and so will not appear immediately.

Please keep it nice. Thanks.

Order By:
anonymous user
20/09/2013 09:50
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This really needs to be updated. Try international offices in Germany (3), Spain (2), Italy (4), Brussels, Paris and California.
anonymous user
22/04/2014 11:57
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There is a very obvious 'up and out policy' these days and the career structure has totally changed - this is very out of date.
  

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