DLA Piper saw its revenue surpass $2.5 billion for the first time in 2015, but those gains were offset by a sharp decline in profits.
February 25, 2016 at 02:37 PM
1 minute read
The original version of this story was published on Law.Com
DLA Piper saw its revenue surpass $2.5 billion for the first time in 2015, but its topline gains were offset by a sharp decline in profits.
DLA’s gross revenue rose 2.5 percent in the last fiscal year, to a new high of $2.54 billion, while average revenue per lawyer inched up 0.7 percent, to $675,000. The firm’s net income fell 9.2 percent, to $605.5 million, however, and its profit margin slumped three percentage points, to 24 percent.
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