International firm Ashurst has opened the results reporting season by announcing record revenues in the run-up to its merger with Perkins Coie. In the year to 30 April 2026, turnover rose by 11% to £1.152bn and profit per equity partner to £1.592m.

As in previous years, no pre-tax profit figure was disclosed. 

The firm said it has achieved 10 consecutive years of significant revenue growth, with average growth in profit per equity partner of 10% each year over that period. FY26 marks the final full financial year before Ashurst’s impending combination with US-based Perkins Coie to form Ashurst Perkins Coie. 

Paul Jenkins, global chief executive, said: 'Closing out our last financial year as Ashurst with a decade of consecutive revenue growth, averaging 9% annually, is a significant achievement and a testament to both the trust our clients place in us and the quality of our people.  

'Building on our long history, we continue to invest in innovation and technology‑driven solutions, with usage of our AI and tech‑enabled services increasing by more than 50% over the past year. This positions us well to remain ahead in a rapidly evolving legal market and to deliver greater value for our clients.  

'We are now on the cusp of our combination with Perkins Coie, and these strong results mean that we are well positioned from day one to continue our growth trajectory.’

Ashurst reported double-digit revenue growth reported in the Middle East (33%), US (18%), Continental Europe (17%), Asia (14%) and the UK (12%).

The UK’s growth was underpinned by an exceptional year with the disputes, investigations & advisory division growing by 21%. 

The first full year financial reporting period trading as Ashurst Perkins Coie will occur in 2028.