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This Gigantic Biglaw Firm Wants To Get Even Bigger In 2021 And Beyond

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‘Your firm is HUGE!’ (Image by way of Getty)

What’s subsequent on your legislation agency when it’s already one of the vital worthwhile in America, one of many highest grossing on the planet, and one of many greatest on the planet? If you’re the worldwide co-chair of DLA Piper, a Biglaw agency that handily ticks off every of these accomplishments, the reply is do even higher by getting even greater.

In a wide-ranging interview with Bloomberg that touched on everything from office life in a post-COVID world to diversity and inclusion, DLA’s Frank Ryan mentioned he desires the agency to have the ability to present “full-service” to all of its purchasers whereas on the identical time engaged on high-end tasks.

Growing income by taking market share is how Ryan mentioned he’ll measure the agency’s success.

“The real opportunity for us is to drive that top revenue line, and to really build business,” Ryan mentioned, including, “We want to fight for more work.” …

Last yr, he mentioned the agency’s U.S. enterprise grew income and earnings per fairness associate within the excessive single digits.

With about 90 places of work in additional than 40 international locations and roughly 4,500 attorneys, the agency’s $3,112,130,000 gross income in 2019 is only the start. “For us, the theme of 2021 is unlocking value in the institution: breaking down walls and building teams to compete for the best work around the world,” Ryan mentioned. That means associates on the agency ought to prepare for extra work — and extra different varieties of labor — sooner or later.

Will different Biglaw companies keep track of DLA Piper’s intrepid new technique for achievement in 2021?

DLA Piper’s New Chair Wants His Giant Firm to Get Even Bigger [Bloomberg]


Staci ZaretskyStaci Zaretsky is a senior editor at Above the Law, what place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any suggestions, questions, feedback, or critiques. You can keep track of her on Twitter or join along with her on LinkedIn.

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