Ashurst increased its revenue and profit per equity partner (PEP) by double-digits during the financial year ending April 2022, maintaining the bounceback achieved in the previous financial year.

The firm said on Thursday that its revenue grew by 12% to £798 million — its sixth consecutive year of growth. Meanwhile the firm’s PEP figure is up 13% at £1.2 million, compared to the firm’s 15% leap the previous year.