DLA Piper, known as the world’s largest verein by gross revenue, has posted an impressive eighth consecutive year of gross revenue growth. This continuing success has been attributed to its proficient utilisation of a strategy referred to as ‘horizontal scale’ by Frank Ryan, the firm’s global co-CEO, co-chair and Americas chair. The horizontal scale is defined by the combination of DLA Piper’s extensive geographic footprint and its diversified practice areas.
Benefiting from a broad scope of specializations, as well as an international presence which ensures that the sun metaphorically never sets on the company, has made DLA Piper an example of sustained growth and operational excellence. This success story demonstrates the potential advantages for global law firms of a wide-ranging practice portfolio across varied geographies.
For more specific details, the full report can be accessed at Law.com. This observation of DLA Piper’s strategy and its resultant prosperity could potentially guide strategic decisions and progression in other world-leading law firms and corporations. By continually adapting to both international business demands and the law landscape across numerous locations, DLA Piper illustrates the viability of a ‘horizontal scale’ approach to sustained growth.