Osborne Clarke sees tech and telecoms heads quit for Fieldfisher and Reed Smith

Osborne Clarke’s head of technology Mark Webber and head of telecoms Angus Finnegan have both left the firm, moving to Fieldfisher and Reed Smith respectively.

Finnegan was recruited by Osborne Clarke in 1998, after working opposite the firm’s former head of IT and telecoms Simon Rendell on a deal. He arrived after spending four years in the in-house department of BT and made partner after two years.

Six months after joining the partnership he was sent to Silicon Valley to help launch the firm’s outpost (2 October 2000), the first in the area from a pan-European firm. Consequently, he picked up clients such as secure email system Tumbleweed and secure digital identity company Arcot Systems.

Webber, who joined Osborne Clarke as a trainee in 1997, became a partner in 2007 and also worked in the firm’s Silicon Valley office from 2003 to 2006.

Finnegan and Webber are among several partners to have left the firm this year. Private client partners Mark Woodward and Robert Drewett joined Bond Dickinson at the start of 2014 (14 January 2014) and more recently finance partner Nicholas Fisher joined Druces (9 June 2014).

Osborne Clarke’s turnover skyrocketed by over a quarter last year, going from £112m in 2012/13 to £142m in 2013/14 (12 May 2014). The previous year had also resulted in significant growth spurt for the firm, with revenue up 14 per cent from £98m in 2011/12. This represents a 45 per cent increase in turnover over two years.

The firm has also been investing in its overseas presence, most recently launching in Amsterdam (2 June 2014).