Ashurst halts profit distributions amid turbulent financial period Madeleine Farman18 August 2016PayFinancial results 2015/16 Ashurst has halted its upcoming quarterly profit distribution to partners (PEP) following disappointing financial results which saw profits per equity partner drop by 19%. The payment was scheduled for this month (August).Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this categoryPower hungry: how big tech’s demands are supercharging the energy marketRevolving Doors: A&O Shearman builds in Riyadh as Kirkland, Paul Hastings, and more make flurry of City hiresThirty firms win roles in revamped £820m government legal panel – with three new appointments‘Setting ourselves up for the future’ – McDermott ups London trainee pay to £70kSlaughter and May matches magic circle peers with NQ pay hike to £150k‘At the top of UK associate compensation’ – McDermott hikes London NQ pay to $225kA&O management sees a 7% increase to pay amid modest revenue growthLLP accounts: Holman Fenwick slashes top member pay as Fieldfisher boosts leadership remunerationLeadership pay at Clifford Chance up 7% in 2015/16 after falling the year before