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 to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.