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DLA Piper Drops Its Swiss Verein Like A Bad Habit – Above the Law



Ed.
note
:
Welcome
to
our
daily
feature, Quote
of
the
Day
.


This
vote
was
more
overwhelming
than
I
could
ever
hope
for
.


The
partnership
vote
has
demonstrated
that
everyone’s
bought
in
and
everyone
wants
to
move
fast
because
the
market’s
moving
fast.
We
have
the
opportunity
and
we’re
determined
to
take
it.



— 

Charles
Severs
,
global
co-CEO
of
DLA
Piper,
in
comments
given
to

Bloomberg
Law
,
concerning
the
firm’s
recent
partnership
vote
to

abandon
the
verein
structure

that
has
governed
its
international
operations
since
2005.
Severs
went
on
to
call
the
vote
“a
massive
catalyst”
that
will
allow
the
firm
to
make
bold
moves
to
attract
and
retain
talent
on
a
worldwide
scale. As
of
May
1,
a
new
global
holding
company
will
oversee
DLA
Piper
US
and
DLA
Piper
International.





Staci
Zaretsky
 is
the
managing
editor
of
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
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hear
from
you,
so
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