The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... 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.
Ashurst mid-year turnover up 7.5 per cent" />Ashurst has increased its turnover by 7.5 per cent this half-year compared to the same time last year.
Ashurst's revenue for the half-year is around £158m, which compares well to last half-year's £147m but falls short of the stellar 25 per cent growth it had registered in the first half of 2006-07.
Senior partner Geoffrey Green described the result as "creditable".
"It's not as if it's 28 per cent," he said, referring to last full year's 28.5 per cent turnover growth, "but it's not as if it's flat - as I'm sure some firms will do. We're happy about that, particularly given the geographic and practice mix of the revenue."
The break down by geographic location was not yet available but Green said that it would probably have stayed at about the same level as it was in the previous year, with around 30 per cent coming from abroad.
Geoffrey Green will step down as senior partner to make way for senior partner-elect Charlie Geffen, and will be relocating to Hong Kong in February to ramp up the firm's Asian practice, (The Lawyer, 24 September).