Ashurst Nears £1 Billion Revenue Mark With Strongest US Growth

Ashurst LLP reported revenue and profits gains last year, even as the deals market faces hurdles.

The firm’s revenue reached £961 million ($1.2 billion) over the fiscal year, which ended in April, a 9% jump from the previous year. Its profits per equity partner rose by 14% to a record £1.3 million ($1.73 million).

The London-headquartered firm is looking to crack the £1 billion revenue mark this year, Ashurst global CEO Paul Jenkins said in a statement.

The firm said it got a boost from its focus on six industries: energy and resources; disputes, investigations and advisory; projects and energy ...