Turnover in the offices grew by £43.6m to hit £116.6m during the last tax year, increasing their share of the firm’s non-US turnover from 19% to just over 25%.
Meanwhile, the firm’s
The figures for the international limited liability partnership (LLP), which includes DLA Piper’s European, Asian and Middle Eastern offices, are revealed in recent LLP filings in Companies House.
Turnover for the International LLP as a whole increased by £83.1m to £460.4m, with operating profits up £27.7m to £163.9m, despite a £55.4m hike in operating costs to £296.6m.
The firm saw staff costs grow £26.4m to £164.5m, of which the
The firm saw significant staff growth as well with fee earners numbers increasing by 154 to 1551, although only 36 of the new starters were in the
Equity partners increased across the network by 17 to 158 and fixed share partners by 38 to 375, although
The firm also made notable investment over the year, spending £15.9m on additions and improvements to its assets, including £4m of property, £3.8m on fittings and furnishings and £8.1m on computers and software.
Meanwhile, bank overdrafts across the group increased by £14.2m to stand at £36.3m at the year end, while bank loans rose £897,000 to £7.4m.