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UK/global turnover: |
£45.6m/£328.6m |
UK/global PEP: |
£846,000/£891,000 |
UK/global revenue per lawyer: |
£426,000/£387,000 |
UK revenue per partner/equity partner: |
£1.3m/£2.2m |
Global revenue per equity partner: |
£1.9m |
UK/global number of equity partners: |
21/169 |
UK/global number of partners: |
36/250 |
| UK/global number of lawyers: |
107/848 |
| UK number of staff: |
261 |
| UK/global leverage ratio: |
4.1/4 |
DECHERT’S LONDON office performed well
across the board, with revenue up by a staggering
30 per cent to $79.8m (£45.6m), while average PEP
also rose by an impressive 23 per cent.
London continued to ride high off its plum role
advising Travelex on its £1.6bn sale to Apax
Partners. But it was the financial services group that
saw the most impressive growth, especially within
hedge funds, with gross fees hitting £10m. This
growth comes from a standing start in 1997 and was
assisted by the hire of partner Andrew Hougie
from Clifford Chance in May 2005.
The European network also expanded rapidly
with the opportunistic hire of 32 lawyers from
Coudert Brothers.
Dechert operates a modified lockstep.
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