DLA Piper shows its mettle in Emea, Asia - 23 February 2009

DLA Piper shows its mettle in Emea, Asia - 23 February 2009
Claiming that its solid performance for 2008 represented the benefits of diversity in both "geography and practice," DLA then moves on to make some significant staffing reductions in the UK and in the US. It will be interesting to see how well geographic and practice diversification can shield DLA from the ravages of the current economic climate. My suspicion is that it will not. Firms with better practice diversity may fare better, but geographic diversity can become very expensive when there is a broad scale downturn in business. It is very hard to defend the continued existence of marginal foreign branch offices in difficult economic times.