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 corporate practice missed budget by around 20 per cent for the last financial year, dropping to around £60m.
This represents a total fall of 40 per cent on the £100.3m the practice group generated in the 2007-08 financial year.
A London-based Ashurst partner said: “Private equity has clearly been very quiet and this is a major part of our practice. Other areas are now picking up, including equity capital markets, but last year was obviously very slow for everyone.”
During the past year the firm advised William Hill on a £1.2bn rights issue and refinancing.
Last month (27 May) TheLawyer.com reported that Ashurst’s global revenue suffered a 7 per cent drop in 2008-09, down from £323m the previous year to £301m.
The firm is yet to announce its 2008-09 average profit per equity partner figure.