DLA Piper‘s U.S. operation reports that gross revenue declined nearly 14 percent in 2009, to just over a billion dollars. Revenue per lawyer and profits per equity partner fell only about 5 percent, due to cuts in the firm’s lawyer ranks. (DLA Piper is structured as a set of alliances. These results reflect only the U.S. operation.)
“DLA Piper weathered the economic storm well,” says firm Chairman Frank Burch, “and our overall performance during this period was solid.” Burch stresses that, because the firm saw modest rises on every metric in 2008, its two-year RPL is down only 2 percent, and its two-year PPP is up 1 percent.