Ashurst announces financial results - marking fifth consecutive year of revenue growth
2021 financial performance highlights
Revenue of £711 million, up 10% on the previous financial year (£644 million in 2020)
40% growth in revenue over a five-year period, with an average annual growth rate of more than 7%
Profit per equity partner of £1,038,000, up 15% on the previous financial year (£903,000 in 2020)
72% growth in profit per equity partner over a five-year period, with an average annual growth rate of more than 11%
Paul Jenkins, Ashurst's Global Managing Partner said,
'We continued our financial growth trajectory with strong FY21 results, marking the fifth consecutive year of revenue growth for the firm. While some practices and markets during the early part of the financial year were impacted by the pandemic, we continued to support clients as they navigated ongoing challenges and the firm experienced strong trading performance from the end of Q1 which produced a very good set of full year results. A consistent focus on our strategy and goals over the last five years, together with longer term planning, has allowed us to successfully achieve sustainable revenue and profit growth.'