Ashurst has posted a 31% rise in profits per equity partner (PEP) to £972,000 ($1.2 million), on the back of strong revenue growth.

The firm’s £229,000 ($285,380) rise in PEP for 2018-19 comes alongside top-line growth of 14% to £641 million ($799 million) – up £77 million ($96 million) on last year. However, the firm did not report figures for profit growth.