Ashurt's PEP increases by 22 per cent

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