Ashurt's PEP increases by 22 per cent

By Shannon Sweeney

08 July 2014 at 10:39 BST

After merging with Australian outfit Blake Dawson, PEP has grown by 22 per cent.

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Ashurt's profit per equity partner has increased 22 per cent to £801,000 in the 2013-14 fiscal year, bringing its revenue up 6 per cent. This year's results are the first since the firm merged with Australian outfit Blake Dawson. The profit growth follows a 9 per cent dip during the 2012-13 fiscal year. Despite a number of partner exits last year, a spokesperson confirmed to Legal Week that the total partner number and equity partner number have remained consistent with last year's reported figures. Last year, the firm opened a legal support centre in Glasgow to assist the London and global offices of the firm. Source: Legal Week


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