Dechert – UK 100

UK/global turnover: £42.5m/£248m

UK/global PEP: £424,000/£622,000

UK/global revenue per lawyer: £354,000/£356,000

UK revenue per partner/equity partner: £1.1m/£1.7m

Global revenue per equity partner: £1.5m

UK/global number of partners: 25(38)/165

UK/global number of lawyers: 120/697

UK number of staff: 282

UK/global leverage ratio: 1:3.8/1:3.2

UK equity partner to staff ratio: 1:11.2

Equity structure: Merit-based. Equity partner pay is fixed every two years. Annual bonuses are awarded to a small number of partners based on extraordinary performance.

Billable hours targets: 1,500

Billing currency: Sterling.

Cost of living details: Adjustments are given for cost of living differentials between specific cities. The firm may provide additional housing allowances depending on individual situations and the length of the secondment.

UK-based lawyer remuneration: Equity partners are paid in dollars, all others are paid in sterling.