Ashurst’s strong global financials for the past year were driven by Asia, in particular China, said the firm’s Asia practice head, Nigel Pridmore.
The firm recently announced a 7% increase in global revenue for 2016-2017 on the back of Asia-Pacific revenue growth of 15% for the same period.
“A lot of that growth came from China, and all that growth came specifically from the finance practice in China, where we have a very strong project business and a very strong structured finance business,” Pridmore told Asia Business Law Journal as he laid out the firm’s strategy for the region.
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