Legal Services

Ashurst partner profit smashes £1m for first time since financial crisis

Law firm bounces back to pre-2008 profitability

Focus on key sectors like banking drives profits to seven figures per partner
Focus on key sectors like banking drives profits to seven figures per partner Photo: Getty Images/Adrian Brown

City law firm Ashurst has unveiled average partner profits of more than £1m for the first time since 2008 on the back of a booming deals practice.

The Anglo-Australian firm boosted profit per equity partner to £1.04m in the year to 30 April, up 15% on the previous financial year.

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