DLA Piper international revenue jumps to £769m
DLA Piper increased international turnover by 4 per cent last year to £768.8m.
The international figures refer to all of the firm’s offices outside the US, including its UK business.
Net profit rose by 2.5 per cent to £159.4m and average profit per equity partner (PEP) increased by nearly 3 per cent to £693,000, still significantly lower than global PEP’s £908,000.
Overhaul
The results come after the firm has for the first time reported its international results based on a financial, rather than calendar, year. It has also overhauled how it calculates equity headcount, now classing as equity partners only those who receive above 300 points, or around £300,000.
Source: Global Legal Post
Related Posts
Multinational Law Firm predicts A$1 Billion Loss; largest financial loss ever recorded in legal sector
Top 10 international law firm announced revenues of EUR 1bn for 2015
Tullett Prebon today announces the preliminary results of IGBB for the year ended 31 March 2016
Monex Group reported preliminary figures of consolidated financial results- Monex Group announced preliminary figures of consolidated financial results
