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Last updated:
July 3, 2026

Ashurst Perkins Coie

Silver Circle
·
Founded 2026 via merger
Known for:
Corporate / M&A
Banking
Energy & Infrastructure
Visit firm website
50+
offices globally
$2.8bn (expected)
revenue 2025
TBC
profit per equity partner

About

Ashurst Perkins Coie

Ashurst Perkins Coie is a global law firm formed in 2026 through the merger between historic City law firm Ashurst and US law firm Perkins Coie.

Legacy firm Ashurst was a leading UK law firm with a rich history dating back to its founding in 1822 in London. It is a member of the Silver Circle of law firms - a group of prestigious UK firms sitting just behind the Magic Circle.

The firm grew significantly over the last 15 years to become a major international law firm. It operates with over 1,900 lawyers, including more than 460 partners, spread across 31 offices in 18 countries.

The firm was originally founded in 1822 by William Henry Ashurst who went into partnership with William Henry Green a year later. In 1843, Ashurst decided to make his son (also William Henry) a partner and the firm became known as ‘Ashurst and Son’.

In the 1860s, John Morris became a partner and Sir Frank Crisp (who, incidentally, Beatle George Harrison would come to write a song about) also joined as a partner and the firm started operating under the name ‘Ashurst Morris Crisp’ which it would keep for the next 130 years.

The firm's client base grew steadily through the 20th century, acting for notable companies and financial institutions with a heavy focus on corporate work.

Ashurst Morris Crisp began to expand internationally in the 1980s and early 1990s with openings in key legal and financial centres, including Brussels, Paris, and Tokyo.

Back in the City, the firm was carving out a market-leading reputation for private equity work and was one of the first players to dominate the nascent market for advice to buyout firms.

The turn of the millennium was a period of change for Ashurst. In 2003, the firm rebranded, shortening its name to Ashurst. This period also saw further international expansion, with new offices opening in Europe, Asia, and the Middle East.

Ashurst’s modern international strategy was set in 2013 with its merger with leading Australian firm Blake Dawson, then a member of the country’s 'Big Six'. The deal materially expanded Ashurst’s global footprint, particularly across Asia-Pacific, and positioned the firm as a genuinely international player.

For years afterwards, speculation persisted about whether the firm would complete that strategy with a long-anticipated US merger. That question was finally answered in November 2025, when Ashurst agreed to combine with US firm Perkins Coie.

The merger created a $2.8 billion firm, ranking among the world’s top 20 by revenue, operating across 52 offices in 23 countries. Branded Ashurst Perkins Coie, the deal cemented Ashurst’s long-sought foothold in the US legal market.

Perkins Coie, headquartered in Seattle and best known for its work with tech giants such as Amazon and Microsoft, brought sought-after US reach and deep tech sector expertise.

Traditionally known for its corporate work, today Ashurst Perkins Coie is also highly regarded for its work in the banking and finance sectors, including project finance, real estate finance, and restructuring and insolvency. The firm also has a strong reputation in the energy, resources, and infrastructure sector.

Recent work highlights

Examples of recent transactions and matters Ashurst (pre-merger) has advised on:

£1bn warehouse portfolio acquisition: In October 2025, Ashurst advised Tritax Big Box on its acquisition of a warehouse portfolio worth £1 billion from Blackstone.

eToro IPO: In May 2025, Ashurst advised trading platform eToro on certain regulatory aspects of its $620 million Nasdaq IPO in New York, alongside a pair of US firms.

Aviva’s takeover of Direct Line Group: In December 2024, Ashurst advised Citi and Goldman Sachs as joint financial advisers to Aviva on its £3.7bn takeover of insurance group Direct Line.

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What is Ashurst Perkins Coie known for?

Ashurst Perkins Coie is a full service law firm with expertise across a wide range of practice areas. Its clients include companies, financial institutions and governments. The firm has carved out a strong reputation in several key areas:

Banking and Finance

Ashurst Perkins Coie is highly regarded for its expertise in complex financing arrangements, including project finance, real estate finance, and restructuring and insolvency. The firm is ranked in Band 1 by Chambers for mid-market banking deals for its advice to both borrowers and lenders.

Corporate and M&A

The firm advises on high-profile mergers and acquisitions, private equity transactions, and corporate governance matters, providing comprehensive services to public and private companies. The firm has a Band 3 ranking by Chambers for its advice on the highest-value M&A deals.

Energy, Resources, and Infrastructure

Ashurst Perkins Coie stands out in the energy sector, particularly in renewables and oil and gas projects. It is also recognised for its work on significant infrastructure projects, including transport and social infrastructure. Its Oil and Gas practice is ranked in Band 1 by Chambers, while its rail projects department is ranked in Band 1 and has long been one of the best in the City.

Real Estate

Ashurst Perkins Coie has one of the City's leading real estate practices. The firm advises across the spectrum of real estate matters, including sales and acquisitions, development projects and financing, planning, disputes, and construction. It has a Band 1 ranking by Chambers for its expertise on the biggest real estate mandates.

Financial performance

$2.8bn (expected)
revenue
TBC
profit per equity partner

Ashurst Perkins Coie is among the top 10 biggest law firms in the UK by revenue. In 2026, its revenue was £1.2 billion.

In 2026, its profit per equity partner (PEP) was £1.6 million.

London salaries

Here’s what Ashurst Perkins Coie pays its London trainees and newly qualified (NQ) lawyers:

Trainee first year:
£57,000
Trainee second year:
£62,000
Newly qualified (NQ):
£140,000
See how Ashurst Perkins Coie compares across all of the UK’s top law firms

Who does Ashurst Perkins Coie compete with?

Ashurst Perkins Coie is considered to be an 'upper mid-market' law firm. It will regularly face Magic Circle firms on deals and would be considered a good Magic Circle substitute for clients on deals where global clout isn't so important. It will also regularly compete with the likes of:

Trainee information

Training contracts
40
Seat structure
4 seats
Seat length
6 months
Find out more and apply for a training contract or vacation scheme at Ashurst Perkins Coie

Other things to know

Ashurst–Perkins Coie merger: In November 2025, Ashurst agreed to merge with US firm Perkins Coie, creating a combined $2.7 billion firm that will rank among the world’s top 20 by revenue. The new firm, known as Ashurst Perkins Coie, will comprise 52 offices across 23 countries. The deal ends years of speculation about Ashurst’s US ambitions and cements its foothold in the American legal market.

Legal AI: In June 2024, Ashurst announced the roll-out of legal AI platform Harvey to all its lawyers globally. The move followed a global trial and pilot of Harvey. The firm says it will use the tool to support many aspects of client work including document review, due diligence, drafting and market research.

Digital Transformation: Recently, Ashurst has looked to differentiate itself as a leader in innovation and digital transformation. The firm launched Ashurst Advance in 2013, a 'NewLaw' division aimed at delivering legal services to clients more efficiently through low-cost ‘global delivery centres’. To date, the firm has opened centres in Glasgow, Brisbane and Krakow. The centres are designed as extensions to clients’ in-house teams for work like large-scale document review and regulatory compliance.

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