Fees at the Anglo-American firm reached a combined $2.1bn (£1.01bn) across the firm’s US and European operations – up from a total figure of $1.8bn (£918m) the previous calendar year, when the firm achieved growth of 17%.
Profits per equity partner (PEP) rose by 8.3% to $1.28m (£660,000), up from $1.18m (£610,000) in 2006.
Commenting on the results, DLA Piper joint chief executive Nigel Knowles (pictured) said: “We have performed well… [and] expect our progress to continue unabated through 2008, albeit under more challenging market conditions.”
Fellow joint chief executive Frank Burch added: "These numbers are strong across all of our core practice areas. They reinforce the decision we made three years ago to be a leading business law firm on a global scale."
The news comes after Latham & Watkins became the latest firm to join the $2bn club after emerging as a star performer in
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