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.
Ashurst’s average profit per equity partner (PPP) has tumbled by 11.7 per cent on unchanged turnover for the last financial year.
The firm released figures today (26 July) showed that PPP dropped to £521,000 for 2003-04 on £590,000 for the last financial year. Gross was unchanged at £197m.
The hit on the bottom line translated into a severe fall at the top and bottom of equity. Plateau partners saw their income drop by 14.9 per cent to £681,000 compared to £800,000 in the previous 12 month. At the bottom of equity, figures fell by 14.7 per cent to £273,000 compared to £320,000 in 2002-03.