Davis Polk & Wardwell – UK 100

UK/global turnover: £25.2m/£358m

UK/global PEP: £833,000/£1.2m

UK/global revenue per lawyer: £616,000/£616,000

UK revenue per partner/equity partner: £2.1m/£2.1m

Global revenue per equity partner: £2.5m

UK/global number of partners: 12/146

UK/global number of lawyers: 41/581

UK number of staff: 51

UK/global leverage ratio: 1:2.4/1:2.9

UK equity partner to staff ratio: 1:4.2

Equity structure: Lockstep

Billable hours targets: None set.

Billing currency: Dollars and sterling.

Cost of living details: US lawyers rotate through

London for a long period. An allowance is provided for them which takes into account the cost of living differences.

UK-based lawyer remuneration: All paid in dollars.