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DLA Piper global revenue hits $2.25bn in record year

Firm's fall into one of two camps - those with scale and those with profitability. You cannot have both. DLA has gone for scale, so yes, it is a global monster, but look at the PEP - USD1.25M is poor. The firms that will do well are the ones that have enough scale to compete on the global level but retain PEP at around USD2M. This pool of talent will include the magic circle firms plus the top US firms. Firms like DLA will find their better performing partners jumping ship or poached by the new leaders for better remuneration. Just my view.

13-Feb-2012

10:34 pm