Editor's Comment: Bloodless revolution
There comes a point where you have to give credit where it is due - Ashurst has reached that point. That comes from a magazine that has been sceptical of claims of the firm's revival. Sure, everyone acknowledged that Ashurst's banking practice, buoyed by a group of energetic and talented partners, was punching well above its weight in acquisition and structured finance. But while the firm's core M&A practice looked directionless, strategy seemed weakly articulated and the firm's international capability was a mixed bag, few would have bet on Ashurst being a serious contender at the upper end of Europe's legal market.
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