Osborne Clarke has ended a year of international expansion with 2012-13 revenues up by 14% to £112m as it beds down new offices in Italy and Spain.
The revenue growth masks a couple of slow periods for the firm’s transactional business in what managing partner Simon Beswick described as a ‘lumpy market’. Discounting revenues from the top 40 UK firm’s new offices, its year-on-year turnover figure fell by 1% from £98m in 2011-12 to £97m in 2012-13.