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The Lawyer UK 100

Debevoise & Plimpton


UK/global turnover:

£32m/£306.3m

UK/global PEP:

£862,000/£957,000

UK/global revenue per lawyer:

£533,000/£474,000

UK revenue per partner/equity partner:

£2.5m/£2.5m

Global revenue per equity partner:

£2.2m

UK/global number of equity partners:

13/137

UK/global number of partners:

13/137
UK/global number of lawyers: 60/646
UK number of staff: 136
UK/global leverage ratio: 3.6/3.7

DEBEVOISE & PLIMPTON’S London office saw revenue rocket by a phenomenal 67.5 per cent on 2004’s figure, from $35m (£19.1m) to $56m (£32m).

Partners in the all-equity firm took home an average of $1.68m (£960,000) globally. Debevoise is one of the few remaining pure lockstep firms with no bonus element to remuneration.

The firm enjoyed particular successes in funds formation, an area in which London has been recruiting heavily, as well as in M&A and international arbitration. The latter was boosted early in 2006 by the hire of Norton Rose partner Peter Rees.

Internationally, Moscow is proving a rich source of London listings, while private equity, for clients such as Clayton Dubilier & Rice and Providence Equity Partners, continued to drive Debevoise’s strong performance.

 

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