Osborne Clarke boasts record figures

Osborne Clarke has announced record end of year figures, with provisional profits per partner (PPP) rising by 30 per cent.

Profits have risen to £303,000 from £233,000 in 2002-03. The hike takes the firm back above 2001-02 levels, when it recorded profits of £270,000. Revenues for 2003-04 are up by 6 per cent to £64m, from £60.9m the previous year.

This year, the firm announced its Italian alliance with Milan-based boutique Abbatescianni et Associati. It has recommitted to the US technology market, with corporate partner Andy Gowans taking the reins as managing partner of the firm’s Silicon Valley operation.