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UK/global turnover: |
£39.5m/£240m |
UK/global PEP: |
£655,000/£671,000 |
UK/global revenue per lawyer: |
£335,000/£232,000 |
UK revenue per partner/equity partner: |
£1m/£1.8m |
Global revenue per equity partner: |
£1.4m |
UK/global number of partners: |
38/256 |
| UK/global number of lawyers: |
118/1,036 |
| UK number of staff: |
276 |
| UK/global leverage ratio: |
4.4/5.1 |
| UK equity partner to staff ratio: |
12.5 |
2004-05 SHOWED MIXED results for
Dechert's London office. The firm scooped
a plum role (and one of the office's largest
instructions to date) advising longstanding
client Travelex on its £1bn sale to funds
advised by Apax. However, it was unable
to convert such coups into a revenue
increase; turnover dipped to £39.5m in
London, down from £42.5m. Increased
profit has, however, seen PEP leap to
£655,000, although some of the means used
to achieve this growth (including a $50
(£27) fine on partners for every day a
timesheet is overdue) were not as well
received as the paycheques.
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