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UK/global turnover: |
£25.6m/£367m |
UK/global PEP: |
£949,000/£1.19m |
UK/global revenue per lawyer: |
£776,000/£602,000 |
UK revenue per partner/equity partner: |
£3.2m/£3.2m |
Global revenue per equity partner: |
£2.6m |
UK/global number of equity partners: |
8/143 |
UK/global number of partners: |
8/143 |
| UK/global number of lawyers: |
33/610 |
| UK number of staff: |
70 |
| UK/global leverage ratio: |
3.1/3.3 |
DAVIS POLK& Wardwell’s London office won a role
last year on one of the UK’s most eagerly anticipated
deals, advising NTL on its $6bn (£3.43bn) merger
with Telewest.
Other deal highlights included advising Royal
Bank of Scotland on a $4bn (£2.14bn) offering of
extendable floating-rate notes.
The London office remains avowedly US capability only, although during 2005 it added
a French local law capability when it hired its
first non-US lateral in Freshfields Bruckhaus
Deringer’s former co-head of M&A in Paris Arnaud
Pérès.
Davis Polk operates an all-equity partnership and
is one of the few remaining firms with a pure lockstep
remuneration system.
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