Audited profit figures released by DLA show a15 per cent hike in the firm’s turnover to £234m for the last financial year, with 21.1 per cent of the firm’s fee income being distributed as equity partner profits.
However, profits per partner (PPP) remained relatively static at £460,000, an increase of just 2 per cent from last year. DLA has seen exponential increases in PPP over the last few years, but saw growth slow down in the face of tough economic conditions last year.
Dutch national airline KLM has chosen Allen & Overy (A&O) as its new lead adviser following a review that was prompted by its dramatic fallout with De Brauw Blackstone Westbroek. A&O’s global head of corporate and Dutch senior partner Sietze Hepkema will lead the new relationship. The appointment is a major coup for the Amsterdam […]