DLA’s firmwide review could see less profitable offices downsized
DLA Piper is conducting a firmwide review of office and partner profitability, in a move that is expected to see the transatlantic firm’s regional UK offices come under scrutiny.
The review, which is being led by management including global co-chairman Tony Angel, is expected to see DLA Piper move away from less profitable work and streamline its partnership in a bid to increase profits per equity partner (PEP).
Partners within the firm told Legal Week that regional offices in the UK are facing particular scrutiny, with some suggesting that Liverpool, Leeds, Birmingham and Glasgow could be downsized as a result of the review. Outside the UK, offices in Germany and Eastern Europe are also thought to be under focus.