Osborne Clarke

The Legal Cheek View

Osborne Clarke “may be possibly the nicest and most down to earth law firm ever,” one insider tells Legal Cheek, “but you still have to work hard”. That statement is a pithy summary of OC, which continues on its journey from national firm to international player. As it opens more offices — the latest is in Delhi, via Indian relationship firm BTG Legal, and follows recent openings in Shanghai, San Francisco and Amsterdam — Osborne Clarke has so far managed to preserve the famously nice culture that prevails within it.

The firm scores an impressive five A*s in the Legal Cheek Trainee and Junior Lawyer Survey 2019-20, with top marks for training, quality of work, partner approachability, tech and social life.

Training is thoughtfully delivered and extremely thorough. One OC trainee reports: “Not only is there a lot of formal training, but we can ask for training on pretty much anything we feel we need. There is department training, sector training and team training, and also training run by and for junior lawyers and trainees.” The work features a lot of client contact. “Once team members are confident in your ability, they are happy for you to contact clients — I have organised a meeting with a client on my own, and then worked from their offices afterwards,” another OC rookie tells us. But be prepared for plenty of standard trainee tasks too, such as amending precedents and document review. Hours vary between teams, but the average 8:55am arrival time and 6:39pm leave time are eminently reasonable for corporate law.

Continue reading

Trainees — who socialise between the offices in firm-organised meet-ups — describe each other as “lovely”, while they reckon partners are about as nice as they come for people burdened by the demands of running a £276 million business. The firm’s open plan offices seem to help in this respect, breaking down some of the stereotypical law firm hierarchies. As one Osborne Clarke rookie tells us: “I can be honest with them and, most importantly, make fun of them!”

What’s more, with the firm habitually clocking up strong retention rates, even the aforementioned joker is likely to end up with a full-time job at the end of the training process.

Money varies (see below) between the trio of UK offices in London, Reading and Bristol. The lower newly qualified solicitor pay outside the capital is made up for by the “brand new and awesome” building in Reading, while the “light, airy, modern” Bristol office is always a popular place to be based. Six consecutive years of financial growth — OC’s revenue rose again this year, by 11%, to €304 million (£276 million) this year on the back of a series of sharp rises — has left the firm well-resourced and ready to respond to any upward pressure on salaries. Profit per equity now stands at £703,000, a slight drop on the £711,000 recorded last year following a spike in investment in internal technology systems and the launch of a start-up incubator, Osborne Clarke Ventures.

Added glitz is provided by the firm’s technology and media practices, which augment the much larger corporate and litigation teams, and represent tech giants, including Facebook and TripAdvisor.

Perks, meanwhile, range from the usual package of subsidised gym membership and private health insurance to, er, green tea. “We finally got green tea in the office kitchens. That was the greatest triumph,” reveals an OC tipster. Another highlight is the free pass to Bristol zoo. However, the lack of a canteen in the London office is a notable bugbear.

Social life is decent. There are “cracking” summer and Christmas parties and “often something going on, whether it is sport, client events, team or departmental drinks”, alongside lots of spontaneous get togethers, and also planned socials. “The trainees are really good friends and regularly hang out outside of work,” another OCer says.

What you won’t get at OC is an international trainee secondment, nor, at a firm that likes to train its new recruits itself, are client secondments very numerous. However, we understand that there are opportunities at associate level for junior lawyers to fly the nest.

Deadlines

Legal Cheek Event

This event takes place on 7 November 2019
Applications open 07/10/2019
Applications close 07/11/2019

Vacation Scheme

This scheme runs from June - July 2019
Applications open 01/10/2019
Applications close 15/01/2020

Training Contract

To commence September 2022
Applications open 01/10/2019
Applications close 15/01/2020

Insight Scheme

This scheme takes place in Easter 2020
Applications open 01/10/2019
Applications close 28/02/2020

Insider Scorecard

A*
Training
A*
Quality of work
A
Peer support
A*
Partner approach-ability
A
Work/life balance
A*
Tech
A
Perks
A
Office
A
Canteen
A
Social life

Insider Scorecard Grades range from A* to D and are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2019-20 of over 2,000 trainees and junior associates at the leading law firms in the UK.

Money

First year trainee salary £43,000
Second year trainee salary £45,000
Newly qualified salary £71,000
Profit per equity partner £703,000
GDL grant £6,500
LPC grant £6,500

The above figures are for London, where trainee pay matches that in Reading. Newly qualified solicitors in Reading earn £54,000. First year trainees in Bristol receive £38,000, second years receive £39,250, while newly qualified solicitors earn £52,000.

Hours

Average arrival time 08:55
Average leave time 18:39
Annual target hours 1,350
Annual leave 26 days

Average arrive and leave times are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2019-20 of over 2,000 trainees and junior associates at the leading law firms in the UK. Annual target hours apply only to qualified lawyers; trainees do not have target hours.

Secondments

Chances of secondment abroad 0%
Chances of client secondment 21%

Secondment opportunities are derived from the Legal Cheek Trainee and Junior Lawyer Survey 2019-20 of over 2,000 trainees and junior associates at the leading law firms in the UK.

General Info

Training contracts 20
Latest trainee retention rate 95%
Offices 24
Countries 12
Minimum A-level requirement None
Minimum degree requirement 2:1

Diversity

UK female associates 57%
UK female partners 24%
UK BME associates 8%
UK BME partners 4%

Universities Current Trainees Attended

The Firm In Its Own Words