Ashurst shakes up payment model following halted quarterly payments

Ashurst shakes up payment model following halted quarterly payments

Ashurst is to get rid of its quarterly profit distributions in favour of a single yearly profit payment, in a move subject to a partnership vote.

Ashurst’s monthly drawings will continue but the payments, which are already considered high within the market, will rise by approximately 5%. Partners are expected to vote next month on the changes and 50% of the partnership must agree to the change.

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