DLA Piper chief exec’s pay packet £100K lighter

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  • Poor poor Sir Nige. As a current employee of DLA in London I am incensed. I have always had a fairly high opinion of Sir Nigel up until now, but to find out that he is bringing in £1.5 million AFTER a pay cut, whilst all the time bleating on about how redundancies are unfortunate but necessary really gets my goat.

    If he was to take no salary for a year, and lets face it he is very likely to be able to afford to do this, 3 NQ's or 6 support staff could have kept their jobs.

    I am stuck here in a heavily hit department waiting until the market opens up for some more jobs, but I can tell you this, myself and a hell of a lot of other hardworking dedicated people will be leaving DLA in droves as soon as they can.

    This firm disgusts me with every move they make. Thank god the PEP has risen at least - I was so worried about all those equity partners who were worrying about how to pay the mortgage on their second and third homes!

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  • When you have so 'incensed' your employees that they post comments such as the above, you should review your policies. Either your policies or your position in the firm.

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  • a truly disgusting display of utter greed, arrogance and contempt - but given the nature of this firm and the peorple who run it is not in the least surprising.

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  • How original. Typical DLA Piper bashing from the comments so far.
    It is unsurprising that there are so many people with chips on their shoulders given the firm's success in recent years.
    Comments such as the above betray massive insecurities and an anti-DLA Piper agenda akin to the type of mud-slinging seen in American politics.
    DLA Piper are by no means the most "arrogant, greedy or contemptuous" firm in the city. To portray them as if they are for alterior motives is transparent and overly simplistic.

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  • Re 10:34 am
    I find the arithmatic in this post rather curious, the possible explanions must be

    • The poster is numericaly chalenged
    • I am numericaly chalenged
    • DLA is a great place to work as the salary levels are out of line with the market
    • DLA has a cost base (excluding remunaeration) which is someawhat out of control

    The last two are somwhat unlikely thus it must be one of the others

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  • Some worrying maths on display here. 3 NQ's or 6 support staff earn £1.5 million a year at DLA Piper - when can I start?!!

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  • Re 5.19
    Whether or not you are numericaly (sic) challenged I don't know but you certainly can't spell.
    Is anyone worth £1.5 million? Of course this is the invisible hand of the market isn't it, and so no one's responsibility
    Dear DLA equity partner-sorry, I meant Anon at 4.43pm-DLA may not be the most arrogant greedy or comtemptuous firm in the City but it does seem arrogant greedy and contemptuous. Honestly, why not take a pay cut to save some jobs? And I don't think the DLA employee at 10.34 am was a sniping competitor. But hey, put up a man of straw and knock him down-easier than dealing with the real issues.

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  • DLA is a partnership. It is run for profit. It is entitled to pay its Chief whatever it wishes. His remuneration is around twice that of a higher level equity partner. But he does more than twice the work for the money.
    Under his leadership the firm has become a globally recognised name with offices all over the world, boasting a gross fee income in excess of half a billion pounds sterling. His achievements have been recognised by British society and have been acknowledged by Her Majesty with the award of a knighthood. He was one of the first British lawyers to greet the US President. He is exactly the sort of leader the firm needs at what is undisputably a challenging time.
    The Chief's pay packet is a mark of the success of the firm even during a savage recession, yet the reduction in his take-home pay by a substantial amount shows that the pain of economic retrenchment is shared at the very highest level.
    Clearly many of the contributors here have too much time on their hands. Not a few of them are incapable of writing grammatically, cannot spell, or count, unlike Sir Nigel. They will never achieve his eminence and may well wish to reflect on whether they made the correct career choice in joining a tough and demanding profession.
    The news that the deadwood at the associate level is waiting to leave on the next flood of the tide is surely to be welcomed by those committed to the long-term future of this exceptional law practice. It will remain a market leader long after its detractors have passed deeper into the obscurity - and anonymity - in which they currently languish.

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  • Hmmmm....The ubiquitous Anonymous' message is interesting ("DLA is a partnership.....) Could have been written by Sir Nigel himself. Not that I would suggest that for a moment. Oh, no.......

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  • Am I missing something here...like a newsworthy story. A senior equity partner at a City law firm has seen his profit share reduced. Big deal! The Lawyer has been reporting reductions in law firm PEPs of 30% and more for the last month or so and then suddenly discovers that an equity partner at DLA Piper has had his overall profit share reduced. Why is Sir Nigel and DLA Piper selected for a front page story stating the bleedin obvious?

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