DLA Piper saw its revenue surpass $2.5 billion for the first time in 2015, but its topline gains were offset by a sharp decline in profits.
DLA’s gross revenue rose 2.5 percent in the last fiscal year, to a new high of $2.54 billion, while average revenue per lawyer inched up 0.7 percent, to $675,000. The firm’s net income fell 9.2 percent, to $605.5 million, however, and its profit margin slumped three percentage points, to 24 percent.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
