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DLA Piper confirms move to all-equity model
The smartest guys in the room.
In almost every other firm across the United Kingdom the elder partners are using the poor market conditions as an excuse to give themselves a higher percentage of the profits.
DLA Piper have done the opposite. They've sent a message out that young over achieving partners should defect. It's a great strategy and I dare say it'll attract the best young talent.
Personally it's not for me. I imagine the demands to perform exceptionally year in, year out will be crazy. However I guess DLA Piper want the most ambitious new partners.
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