Osborne Clarke Announces European Merger Plans
March 29, 2012, Press Dispensary. Osborne Clarke has announced the next step in its international development with plans to merge with its Spanish and Italian Alliance partners, Osborne Clarke Spain and SLA Studio Legale Associato over the next few months.
At the same time the members of the Osborne Clarke Alliance have mutually decided to change the Alliance to a more loosely aligned group of like-minded firms. This move is designed to enable each of the firms the flexibility to pursue their own domestic and international growth plans, while offering clients continued access to the Alliance's collective experience and expertise in many European countries.
Simon Beswick, Managing Partner, Osborne Clarke, said:
"Our planned merger is the next step in giving our clients access to international legal services in our user-friendly, sector-focused style under the OC brand.
"OC Spain and SLA offer quality advisory, litigation and transactional legal services. They also share our ambition and willingness to invest in offering our unique service style on a more international basis, which is why I believe that the merger will provide significant benefits for our clients.
"Both firms have real strengths in the sectors we are active in, including energy and natural resources, financial services, digital business, real estate, automotive and life sciences/pharma. They have excellent reputations in their domestic markets and wide experience of working on international matters.
"I am also pleased that we will continue to meet client needs in other jurisdictions alongside our Alliance partners. Working together on a best friends basis will enable clients to continue to benefit from the firms' collective experience and expertise in many European countries.
"We are very excited about our international expansion plans. Along with our continued relationship with our Alliance partners and our continued growth in Germany and the UK, the plans will enhance our firm and our clients’ experience."
The mergers will double the number of offices OC currently has to 12 and add 21 partners to the firm, bringing the total number of partners to 145. The mergers are expected to increase OC's global turnover to around EUR140m.
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Notes for editors
• Top 40 UK law firm
• Top 50 German law firm
• 6 offices: 3 in UK (London, Bristol, Thames Valley), 2 in Germany (Cologne, Munich) and 1 in the US (Silicon Valley)
• Income (2010/11) GBP £90.3 million
• Partners: 124
• Lawyers: 491
• Total employees: 725
• Partners: 11
• Total lawyers: 50
• 2 offices: Madrid and Barcelona
• Partners: 10
• Total lawyers: 30
• 4 offices: Milan, Rome, Brescia and Padova
New combined Osborne Clarke
• Partners 145
• Total lawyers 571
• 12 offices
• Projected combined turnover for 2011/12 - €140m
For further information, please contact:
Mike Gutsell, Corporate Communications Manager
Tel: + 44 117 917 4042