The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Managing partner Simon Bromwich declined to comment on Ashurst's financial performance, other than to say that the firm's "first six months" had been "satisfactory".
However, a source within the firm confirmed that turnover had increased by only 5 per cent to around £84m in the first six months of 2005-06, compared with £80m this time last year.
The disappointing start follows similarly lacklustre figures for the last financial year, when turnover inched up 2 per cent to reach £201m. Profitability fared somewhat better during 2004-05, with average profit per equity partner jumping by 9 per cent to reach £567,000.