Sometimes stories take a while to gain a reaction. One such piece was a news item in Legal Week at the start of the month about DLA Piper’s three-year strategy, which has gone on to generate a fair amount of controversy among online commentators.
The reason is incoming guidelines on which new clients should be accepted. The idea is relatively simple: new clients in Europe should generate at least €25,000 (£21,000) in the first year, or four times that level if there is deemed to be a conflict risk. In the US, the aim is to have a threshold of $200,000 (£123,000) for all new clients.
