Dechert Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Dechert LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Dechert LLP

  • Designation: New York
  • Head Count: 845
  • Gross Revenues: $777,000,000
  • Revenue Per Lawyer: $920,000
  • Profits Per Partner: $2,150,000
  • Year Over Year Change: 4

Dechert is a Philadelphia-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Dechert has 845 attorneys and is the 35th largest firm in the United States.  With $777,000,000 in gross revenue in 2013, the firm placed 34th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Dechert ranked as the 42nd highest grossing law firm in the world.  The firm has offices in CA, CO, CT, DC, IL, MA, NC, NJ, NY, PA and TX.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 34 4 Gross revenue
Am Law 200 34 4 Gross revenue
NLJ 250 35 6 Lawyer head count
The A-List 47 4 Overall excellence
Pro Bono Scorecard 6 -1 Pro-bono commitment
Diversity Scorecard 158 4 Minority head count
Midlevel Associates Survey 100 12 Job satisfaction
Summer Associates Survey 60 -13 Summer programs

In the News

Court of Appeals Declines to Review Validity of Police Stop

Joel Stashenko : New York Law Journal : March 27, 2015

The court said Thursday it did not have authority to review two First Department decisions that were not "on the law alone or upon the law and such facts which, but for the determination of law, would not have led to reversal." In a separate ruling, the court addressed a question about sex offender risk assessments it had never faced before.

Deal Watch: Am Law 100 Foursome Feast on Heinz, Kraft Megamerger

Jennifer Henderson : The Am Law Daily : March 26, 2015

Cravath, Swaine & Moore; Kirkland & Ellis; Munger, Tolles & Olson; and Sullivan & Cromwell have landed lead roles on the Warren Buffett-backed $40 billion union of H.J. Heinz and Kraft Foods.

Ex-Willkie Partner's Emails Prompt Settlement Questions

Christine Simmons : New York Law Journal : March 25, 2015

Willkie Farr & Gallagher's revelation that a former partner engaged in questionable communications with an opposing counsel has given ammunition to retailers who object to massive settlements in two antitrust cases involving credit card companies.

Am Law 100 Pair Keep Poaching, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 24, 2015

King & Spalding and Winston & Strawn continue their recent hiring sprees; Latham & Watkins lands one partner and lose two others; a longtime Reed Smith partner departs; Stroock snags a Goldman Sachs alum from Kirkland & Ellis; Wilmer brings back another former federal regulator; and other notable additions from throughout The Am Law 200.

Objectors Pour Cold Water on 'Hot Fuel' Settlements

Scott Flaherty : The Litigation Daily : March 24, 2015

Oil companies have agreed to shell out millions to settle claims that they failed to disclose the impact of hot weather on the price of fuel. But when a judge considers a slew of proposed settlements later this year, at least two groups will be sounding alarm bells.

Bumper Crop of Bankruptcy Cases at High Court

Tony Mauro : Supreme Court Brief : March 23, 2015

A third of the cases set for argument at the U.S. Supreme Court in the next two weeks involve bankruptcy law, the latest sign of a continuing docket trend that rarely makes headlines.

Spanier Sues Freeh, PSU for Defamation, Tortious Interference

Gina Passarella : The Legal Intelligencer : March 18, 2015

Former Penn State University President Graham Spanier made good Wednesday on his long-promised defamation suit against Louis Freeh over the Freeh report's allegations that Spanier dragged his feet in addressing sex-abuse claims against Jerry Sandusky.

Proskauer Rose's Lawsuit Against Ex-Client Is Dismissed

Christine Simmons : New York Law Journal : March 17, 2015

Proskauer Rose was dealt a setback in January in its long-running battle against a former client when a Manhattan judge dismissed its fraud suit against the company's executives. This month, the same judge limited the firm's discovery in a related case in which it is the defendant.

Polsinelli Sets Up Shop in Raleigh, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 17, 2015

After raiding Nelson Mullins Riley & Scarborough for five health care partners, fast-growing Polinselli will open an office in Raleigh; Gibson Dunn and Winston & Strawn add new practice leaders; the NSA's top lawyer returns to Mayer Brown; three former federal prosecutors flock to Robins Kaplan and Wilmer; and other notable hires from throughout The Am Law 200.

Securities Class Actions Targeting Life-Sciences Sector

Sheri Qualters : The National Law Journal : March 16, 2015

Securities class actions against life-sciences companies more than doubled last year, to 39 cases compared with 19 during 2013, according to a survey by Dechert.

Zappala Asks Justices for Shot at Suing Firms

Gina Passarella : The Legal Intelligencer : March 12, 2015

As the standing-room-only crowd filed out of the state Supreme Court on Wednesday at the conclusion of arguments in Attorney General Kathleen Kane's case, so too did some of the justices.

Reed Smith Hires New CMO From Dechert

Gina Passarella : The Legal Intelligencer : March 10, 2015

Reed Smith has hired former Dechert Chief Marketing Officer Wendy W. Taylor to fill the spot left vacant last October when its longtime CMO left the firm.

Littler Goes to Guatemala, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 08, 2015

Littler Mendelson's Swiss verein enters Guatemala, as the global labor and employment firm loses a six-lawyer team in Atlanta; Covington & Burling opens in Los Angeles; Paul Hastings' hiring spree extends to Brazil; and other notable additions from throughout The Am Law 200.

Dechert Hires Arbitration Partner in Singapore

Tom Brennan : The Asian Lawyer : March 06, 2015

Mark Mangan had spent 10 years with Freshfields Bruckhaus Deringer, most recently as counsel, before joining the Philadelphia-based firm.

2015 New Partners: A-C

: New Jersey Law Journal : March 06, 2015

NY Appellate Court Approves $8.5B BofA Deal

Scott Flaherty : The Litigation Daily : March 05, 2015

2015 New Partners Yearbook

: New Jersey Law Journal : March 04, 2015

This is the 's annual yearbook devoted to profiling both newly promoted partners and newly hired lateral partners at law firms in New Jersey.

Firm Financials 2014

: The Legal Intelligencer : March 03, 2015

This following series of articles analyze financial results for Pennsylvania law firms for 2014. Additional firms will be added as their results are released.

The Toughest Job in Big Law?

Douglas McCollam : The American Lawyer : March 03, 2015

Long-haul flights. Time zone shifts. Calls and emails around the clock. When did the job of managing partner become so grueling?

Reed Smith Wants Legal Malpractice Suit Arbitrated

Gina Passarella : The Legal Intelligencer : February 27, 2015

The validity of a mandatory arbitration agreement in a law firm engagement letter has again become a core issue in a legal malpractice case.

Canadian Big Deals

Marlisse Silver Sweeney : The American Lawyer : February 26, 2015

Royal Bank of Canada / City National; Repsol / Talisman Energy; Three Bryant Park Purchase; Alimentation Couche-Tard / The Pantry

Marketplace

Monica Paquette : New York Law Journal : February 25, 2015

In the second most-expensive office building deal in U.S. history, a joint venture of Ivanhoe Cambridge and Callahan Capital Properties has purchased 1095 Avenue of the Americas for $2.2 billion. Also, Silverstein Properties has acquired a property at 520-530 W. 41st St. for more than $100 million.

American Water Fills Up GC Role With Company Insider

Marlisse Silver Sweeney : Corporate Counsel : February 23, 2015

Michael Sgro has been promoted to senior vice president, general counsel and secretary.

The Public Interest Calendar of Events

: The Legal Intelligencer : February 23, 2015

During this week, the University of Pennsylvania Law School is set to hold Public Interest Week, celebrating the power of public service and the 25th anniversary of Penn Law School's Toll Public Interest Center. Events scheduled include the annual Equal Justice Foundation Auction on Thursday to raise funds for students working in public service, and the 25th Anniversary Alumni Gala on Saturday, which will spotlight the impact of 25 years of service-centered education. More information about these events is available at https://www.law.upenn.edu.

From 3L to In-house

David Hechler : Corporate Counsel : February 23, 2015

Hewlett-Packard's general counsel says he's really pleased with his department's program to hire and train young lawyers. So why is he hoping he loses one?

National Air-Bag Litigation Against Takata Begins in Miami

Julie Kay : Daily Business Review : February 20, 2015

The nation's top class-action lawyers packed a Miami federal courtroom for the first hearing on the multidistrict litigation against air-bag manufacturer Takata Corp.

4 Tips for Avoiding 'Do Not Call' Lawsuits

Amy L. Rudd : Corporate Counsel : February 19, 2015

Any company marketing by telephone should worry about the Telephone Consumer Protection Act and take steps to avoid liability.

The Cost of Cybersecurity: Risks and Responses on the Rise

Gina Passarella and David Gialanella : The Legal Intelligencer : February 17, 2015

Editor's note: This is the third installment of a series on cybersecurity published in conjunction with Legal affiliate New Jersey Law Journal.

NYLJ's Diversity Initiative Honorees 2015

: New York Law Journal : February 13, 2015

The New York Law Journal's Diversity Initiative Project 2015 recognizes commitment to creating a diverse legal community and sustained efforts to reach that goal.

Third Circuit Rejects Dougherty's Bid to Reseal FBI Affidavit

Gina Passarella : The Legal Intelligencer : February 13, 2015

The Third Circuit has denied the appeal of labor-union leader John Dougherty, who sought to reseal a years-old FBI affidavit of probable cause to search his home that has been made public in state litigation and the press.