Osborne Clarke has seen its global revenues jump by 25 per cent in the first half of the 2015/16 financial year, up from €89.1m (£62.3m) to €111m (£77.6m).

In the UK, the firm saw a slightly smaller turnover increase of 14 per cent, from £47.8m to £54.6m. 

Last year’s half-year results saw Osborne Clarke’s global revenue rise by 17 per cent from €77m, while the UK figures rose by 13.5 per cent. 

UK managing partner Ray Berg told The Lawyer: “It’s a sign of the strategy coming to fruition and the international platform we’ve now got.” 

He added: “We’ve been building a name for ourselves in our chosen sectors, which has given the firm a momentum and boost.” 

The firm has been focusing on several main sectors, including digital business, energy, financial services and transport. 

Berg said all areas had seen increases in revenue explaining that the venture capital practice has been boosted by “lots of US money coming over to the UK”, while there has also been lots of interest in the renewables sector. He added the firm’s success could also be attributed to current market conditions, which have “very much improved”.

Key highlights for Osborne Clarke in the first half of the financial year include its formal association with Hong Kong-based Koh Vass & Co, conversion to LLP status and role in advising Caledonia Investments on its purchase of Gala Bingo. 

The firm reported a 15 per cent turnover hike for the 2014/15 financial year from €169m to €195m.