PricewaterhouseCoopers has been engaged by DLA Piper to conduct a review of its partnership model. DLA Piper was hoping to keep the review from the public until matters had been resolved but news of upcoming changes to its partnership structure was leaked to the media, said a spokesperson for the law firm.
The results of the review are expected to change the way partners are remunerated and will also determine how the partnership structure – currently split into three tiers – will be updated to reflect that the firm is now a global business. The spokesperson confirmed that DLA Piper was undergoing a review but would not be ready to make an official announcement on the review and any proposed changes until 2010.
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