Select Page

Berg stood unopposed following a year in which he has overseen a return to double-digit growth

By Krishnan Nair | October 24, 2018 at 04:02 AM

Osborne Clarke (OC) has re-elected Ray Berg for a second four-year term as UK managing partner, starting January 2019.

Berg, who was formerly OC’s head of business transactions, was first appointed managing partner in 2015 after chief executive Simon Beswick relinquished this strand of his dual leadership role.

Berg has since presided over a period of growth at OC, this year steering the firm to a return to double-digit revenue growth, with an international top line rising by 14% to €273m (£240m) and profit per equity partner nearing £570,000.

He joined OC from Allen & Overy in 2001 as a corporate partner and oversaw the firm’s M&A, corporate finance, financial services and commercial teams until being promoted to business transactions chief in 2011.

“The fact we’ve maintained momentum is really pleasing, but so has maintaining the essence of the firm and its unique culture,” Berg told Legal Week. “While we’ve grown, we haven’t lost what we’re about.”

On the view ahead, Berg, who stood unopposed, said: “The key challenge is maintaining flexibility and a willingness to embrace change. The predictable days have gone, and the legal sector is no different to any other business. You’ve got to be on your toes constantly, and as a business we have to ensure we can avoid being complacent.

“There’s always more we can do in terms of investing in people and the business, and the key now is to do as much as we can to anticipate the needs of our people and our clients. This includes retaining and recruiting the best possible talent, and recognising the need for changing skill sets.”

As well as maintaining his overall leadership role, Berg will also continue as a member of the firm’s international board.

Earlier this week (23 October) OC hired two London partners following a period of considered headcount growth internationally.