DLA posts flat revenue at $2.5bn as lawyer headcount falls against rise in PEP and record high net profit and PEP
March 05, 2015 at 06:47 AM
1 minute read
The original version of this story was published on Legalweek
DLA Piper has posted a double digit increase in net profit to a record high of $667m (£404m), while average profits per equity partner rose 12.5% to $1.49m (£903,000), also a record high.
Global revenue for 2014 however was flat at $2.48bn (£1.5bn), meaning the firm has fallen behind Latham & Watkins by fee income.
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