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UK/global turnover: |
£23m/£330m |
UK/global PEP: |
£873,000/£1.1m |
UK/global revenue per lawyer: |
£767,000/£613,000 |
UK revenue per partner/equity partner: |
£2.9m/£2.9m |
Global revenue per equity partner: |
£2.3m |
UK/global number of partners: |
8/145 |
| UK/global number of lawyers: |
30/538 |
| UK number of staff: |
50 |
| UK/global leverage ratio: |
2.8/2.7 |
| UK equity partner to staff ratio: |
6.3 |
Not a year of great change for Wall Street's
Davis Polk & Wardwell, but the London office
continued to hold its own within the firm's
relatively limited international network.
Revenue per partner is easily comparable to
the US practice, reflecting the fact that it does
little work for UK clients.
Davis Polk London is a pure corporate
machine, encompassing securities (60 per cent
of the business) and transactional M&A,
including private equity. The vast majority of
its work in 2004 continued to be for its loyal
US inward investors client base, but Telecom
Italia kept the London office busy ± it was
involved on the |
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