DLA Piper raised some eyebrows when it said Wednesday it would ask 275 income partners to contribute capital -- up to $150,000 each -- to shore up its balance sheet. But those who watch the industry said the move should not be a great surprise, nor raise alarm bells. It could simply be smart, given the turbulent economic times, shrinking credit, and the looming start of the first quarter, when cash flow tends to slow.
In Surprise Move for Troubled Times, DLA Piper Asks Partners to Contribute Capital
November 21, 2008