DLA Piper accounts show rise in capital contributions as net debt falls

DLA Piper's international partnership saw capital contributions by members more than double to £47.7m in 2012-13, according to its latest limited liability partnership (LLP) accounts. The accounts for DLA Piper International, cover the firm's operations outside the US, and reflect a move to an all-equity partnership from May 2012. They show capital contributions increased to nearly £48m compared with £22.4m the previous year, with the rise coming as equity partner numbers outside the US grew from 246 to 733 over the same period as a result of the all-equity move. The filings show the firm still had an average of 19 non-equity members working across the international business during 2013.

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