A voltage regulator exhibits a load line that is piecewise linear. This piecewise linearity variation has a first constant voltage segment V_LEAK at which output voltage is regulated for output currents less than or equal to the leakage current I_L. The output voltage V_LEAK corresponds to the maximum output voltage allowable at the leakage current for a given operational range specification. The piecewise linearity variation further includes a second, linearly decreasing segment that varies from the maximum allowable output voltage V_LEAK at the leakage current to a full load voltage V_DROOP at full load current I_FL. This serves to effectively maximize the available output voltage swing in the presence of a leakage current offset. The piecewise linear load line is adjustable to accommodate changes in leakage current.