Business of Law

How DLA Piper became the highest-grossing firm in only 9 years (video)

  • Print

After three years at the top of the American Lawyer revenue rankings, Baker & McKenzie has been dethroned. Kent Zimmermann, consultant to law firms for the Zeughauser Group, talks with Bloomberg Law’s Lee Pacchia about how DLA Piper—a firm created via a 2005 merger between San Diego-based Gray Cary Ware & Freidenrich, Chicago-based Piper Rudnick and London-based DLA—became the world’s highest-grossing law firm.

“DLA took a look at the opportunity to be a global firm, and when they did that, and when they were formed, just a little under nine years ago, many people said: ‘Is there room for another firm like that in the market? Is that going to be supported by demand on the client side?’ ” Zimmermann said. “Eight-and-a-half, nine years later, the answer is a resounding yes—so much so that not only has DLA survived but thrived to get to the top of the Am Law 100 rankings.”

See the video interview here.

Give us feedback, share a story tip or update, or report an error.