DLA Piper is moving forward with a root and branch review of its practice heralded by the arrival last year of global co-chairman Tony Angel.
As reported by The Lawyer (26 October 2011), Angel’s arrival had been expected to kick off a period of increased focus on partner performance.
The former Linklaters managing partner was also expected to begin examining DLA Piper’s large office network with a view to slashing costs. That process is thought to include an assessment of whether certain offices could be downsized or closed altogether.
It was also expected to result in an increase of lower-value work being channelled to the alternative business structure LawVest, in which DLA Piper has a stake.
Earlier this year the firm’s backing of LawVest led to angry exchanges at DLA Piper when a number of partners, many understood to be from the regions, expressed their outrage over personal investments by individuals including co-chief executive Sir Nigel Knowles (1 March 2012).
With the review now understood to be underway, several of the firms UK regional offices including Liverpool, Leeds and Glasgow will be in the spotlight.