DLA Piper's US arm has reported an increase in revenue for 2010, eking out a 1% rise in top-line earnings to $1.03bn (£641m), reports The Am Law Daily. Profitability also rose to record levels, with US partner profits (PEP) up by more than 12% to $1.38m (£858,000) - the highest figure since the three-way merger between UK firm DLA, Chicago's Piper Rudnick and San Diego-based Gray Cary Ware & Freidenrich in 2005.
February 10, 2011 at 11:04 AM
1 minute read
The original version of this story was published on Legalweek
DLA Piper’s US arm has reported a 12% increase in partner profits for 2010, alongside a 1% rise in revenues, reports The Am Law Daily.
Top-line earnings rose to $1.03bn (£641m), while profitability increased to record levels, with US profits per equity partner (PEP) up by more than 12% to $1.38m (£858,000) – the highest figure since the three-way merger between UK firm DLA, Chicago’s Piper Rudnick and San Diego-based Gray Cary Ware & Freidenrich in 2005.
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