Ashurst: profits hit, turnover flat
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 […]