Osborne Clarke (OC) has embarked on a drastic restructuring of its private client practice after its existing team jumped ship for Bond Dickinson this week.

In response to the departures of private client and charity law partner Mark Woodward and property partner Robert Drewett, OC has outlined plans to create a small private wealth practice focused on high-net-worth (HNW) entrepreneurs and executives. Pensions partner and board member Paul Matthews will oversee the process.