‘The Verein Is Dead’: How DLA Piper’s Change Fits Within a Changing Legal Landscape

DLA Piper last week unveiled plans to move away from its verein structure and towards closer financial integration. Observers say that challenges inherent in the verein model—as employed in multiple firms—have rendered it increasingly unsustainable.

       

DLA Piper last week unveiled plans to move away from its verein structure and towards closer financial integration. Observers say that challenges inherent in the verein model—as employed in multiple firms—have rendered it increasingly unsustainable.