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: 877
  • Gross Revenues: $839,500,000
  • Revenue Per Lawyer: $955,000
  • Profits Per Partner: $2,315,000
  • Year Over Year Change: -1

Dechert is a Philadelphia-based law firm.  According to the National Law Journal's 2015 NLJ 350 ranking of firms based on size, Dechert has 877 attorneys and is the 36th largest firm in the United States.  With $839,500,000 in gross revenue in 2014, the firm placed 35th on The American Lawyer's 2015 Am Law 200 ranking.  On the 2014 Global 100 survey, Dechert ranked as the 43rd 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 35 -1 Gross revenue
Am Law 200 35 -1 Gross revenue
NLJ 250 35 6 Lawyer head count
The A-List 48 3 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

On the Move

: New York Law Journal : February 10, 2016

Dechert, Cadwalader, Phillips Nizer and Hughes Hubbard & Reed each announce a new addition.

Law Firm Leaders' Books of Business Lend Credibility

Gina Passarella : The Legal Intelligencer : February 10, 2016

As law firms grew in size and complexity, there was a well-adopted school of thought over the past decade that the firms' leaders should focus 100 percent of their time on managing what had become large-scale businesses. But in Pennsylvania alone, there are a number of firms, including the largest by head count and the most profitable, respectively, whose leaders have some of the largest books of business in the state.

Revenue Up 11 Percent at Fenwick

David Ruiz : The Recorder : February 09, 2016

Busy tech sector delivered healthy gains in revenue per lawyer, profits per partner as the firm, headed by Richard Dickson, crossed the 300-lawyer mark.

NYSE Returns to the Regulatory Beat

Jeff Kern and Christopher Bosch : New York Law Journal : February 08, 2016

Jeff Kern and Christopher Bosch of Sheppard, Mullin, Richter & Hampton set forth a brief history of securities industry self-regulation and then discuss the events leading to the creation of FINRA, the NYSE's related ceding of its regulatory functions, and its subsequent decision to return to self-regulation. They conclude with an overview of how NYSE will operate its reconstituted regulatory program.

Greenberg Traurig Keeps Growing, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : February 07, 2016

Greenberg Traurig shuffles its litigation ranks amid plans for global growth; another Kenyon & Kenyon partner departs; Bass Berry and Lewis Brisbois absorb small firms; Holland & Knight hires an ex-governor; and other additions from throughout The Am Law 200.

Dechert Bolsters Antitrust Group With Buchanan Hire

Gina Passarella : The Legal Intelligencer : February 06, 2016

In a rare lateral move for Dechert in Philadelphia, the firm has hired an antitrust partner who has served as a member of Buchanan Ingersoll & Rooney's six-person leadership team.

Insurance Dept. Lacks Jurisdiction Over Exchange Dispute

Ben Seal : The Legal Intelligencer : February 06, 2016

Allegations of impropriety in transactions between an insurance company and a reciprocal insurance exchange are under the jurisdiction of the trial courts, not Pennsylvania's Insurance commissioner, the Commonwealth Court has ruled.

Judge's Fairness Disputed in $21M Bad-Faith Award

Max Mitchell : The Legal Intelligencer : February 06, 2016

The Berks County judge who levied a $21 million award against Nationwide in an insurance dispute involving a $295 judgment had not been acting fairly, but had been on a "mission," counsel for the insurer told the Superior Court.

On the Move

David Ruiz : The Recorder : February 05, 2016

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

Dechert Grows PPP 8.5 Percent, Revenue 6 Percent

Gina Passarella : The Legal Intelligencer : February 05, 2016

Dechert grew gross revenue 6 percent in 2015 and bumped up partner profits by 8.5 percent in a year in which the firm's litigation practice saw double-digit increases.

An Early Look at the 2016 Am Law 100

: The Am Law Daily : February 05, 2016

Ahead of The American Lawyer's final Am Law 100 and 200 rankings, see the latest early reports on 2015 financial results from The Am Law Daily and its regional affiliates.

Dechert Boosts White-Collar Group With Hire of Ex-Prosecutor

Ross Todd : The Recorder : February 03, 2016

Joseph Fazioli tried several investment fraud cases in the Northern District of California, included that of hedge-fund founder Albert Hu.

Judge's Fairness Disputed in $21M Bad-Faith Award

Max Mitchell : The Legal Intelligencer : February 03, 2016

The Berks County judge who levied a $21 million award against Nationwide in an insurance dispute involving a $295 judgment had not been acting fairly, but had been on a "mission," counsel for the insurer told the Superior Court.

Dougherty's Malpractice Case Against Pepper Reinstated

Gina Passarella : The Legal Intelligencer : February 03, 2016

The Pennsylvania Superior Court has reinstated a legal malpractice claim by labor union leader John Dougherty against Pepper Hamilton, hinging its ruling on the unanswered question of just how public an ­inadvertently unsealed Pacer document really is.

Monitor Accepted by County in Hasidim Voting Rights Suit

Mark Hamblett : New York Law Journal : February 03, 2016

A judge signed off Tuesday on a consent decree that resolves claims that the Sullivan County Board of Elections illegally challenged the registration or qualification of Hasidic voters.

Three Practice Leaders Leave DLA Piper, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : February 03, 2016

DLA Piper loses three practice leaders but merges in Europe; another Dickstein Shapiro partner departs; Jones Day opens in Brisbane; Orrick unveils its Houston hires; Quinn Emanuel adds an Israel expert; and other moves from throughout The Am Law 200.

Movers: A Weekly Roundup of Laterals and Promotions

: The National Law Journal : February 01, 2016

Lateral moves and new arrivals in this week's column.

On the Move

: The Recorder : January 25, 2016

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

Exploring New Rule Changes in Commercial Disputes

James M. Wicks : New York Law Journal : January 25, 2016

James M. Wicks, Chair of the Commercial and Federal Litigation Section, writes about the various ways in which the Section continues to play a leadership role in the many facets of commercial disputes.

The Public Interest Calendar of Events

: The Legal Intelligencer : January 25, 2016

On Wednesday, the Philadelphia Bar Association is scheduled to host a Chancellor's Forum titled "Crime and Punishment: Criminal Records as a Barrier to Equality," from 4 to 5:30 p.m. at the Philadelphia Bar Association, 1101 Market St., 11th-floor conference center, Philadelphia. The event is co-presented by the Barristers' Association of Philadelphia and the Philadelphia Bar Association's civil rights committee, delivery of legal services committee and criminal justice and public interest sections. Visit www.philadelphiabar.org to register.

Con Edison Development Buys Texas Solar Project for $227M

Angela Neville : Texas Lawyer : January 22, 2016

ConEdison Development recently acquired Alamo 7, a 106-megawatt solar-electric generation project located in Haskell County from OCI Solar Power, a Texas-based subsidiary of South Korea's OCI Corporation for $$227 million.

Big Deals: Three Am Law 100 Firms Help GE Sell Its Appliance Sector

Jennifer Henderson : New York Law Journal : January 21, 2016

General Electric Co., which recently announced the move of its corporate headquarters from Connecticut to Boston, struck a deal with leading Chinese home appliance manufacturer Haier Group Corp. for its appliances business.

Greenberg Traurig Goes Beyond Rudy, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 21, 2016

Besides allying with Rudy Giuliani in an election year, Greenberg Traurig has hired several other notable partners this month; Orrick opens in Houston; Paul Weiss litigators start their own boutique; and other notable additions from throughout The Am Law 200.

INADMISSIBLE: Court Warns Against 'Judge-Shopping'

: The National Law Journal : January 18, 2016

A federal district judge in Washington won't recuse from a regulatory fight between tobacco companies and the U.S. Food and Drug Administration. Plus more in this week's column.

Milbank, Katten Lose Practice Leaders, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 18, 2016

Holland & Knight and Sidley Austin hire from Katten Muchin Rosenman and Milbank; a Skadden lawyer returns to public service; Allen & Overy hires in New York; King & Spalding takes two from Jones Day; and other notable additions from throughout The Am Law 200.

After Electrolux Deal Dies, Four Big Firms Help GE Unload Appliances Unit

Jennifer Henderson : The Am Law Daily : January 15, 2016

Sidley Austin and Arnold & Porter have taken the lead for General Electric Co. as the industrial conglomerate continues to reinvent itself through the $5.4 billion sale of its appliance business to China's Haier Group Corp.

Dechert Stakes D.C. White-Collar Presence in Hiring Top Prosecutor

Katelyn Polantz : The National Law Journal : January 13, 2016

Vincent Cohen Jr., the acting U.S. attorney for the District of Columbia until October, will join the Philadelphia-founded law firm Dechert, the firm will announce today. Cohen's hiring allows Dechert to stake a stronger presence in the Washington white-collar universe. His former boss, Ronald Machen, went to Wilmer Cutler Pickering Hale and Dorr. "They never put the vice president and the president in the same plane," Cohen told the NLJ, when asked why he didn't follow Machen to Wilmer. "We had to spread the love around."

K&L Gates Hires First Pennsylvania Lateral Partner in More Than a Year

Gina Passarella : The Legal Intelligencer : January 12, 2016

K&L Gates has added two new partners in Pittsburgh, continuing its yearlong growth of its investment management practice firmwide. But overall, the firm has seen more than triple the number of partners leave since the start of January 2015 as it has hired.

OAG Allowed to Retain Firm for Nursing Home Suit

Lizzy McLellan : The Legal Intelligencer : January 11, 2016

The Commonwealth Court has reinforced the Pennsylvania Office of Attorney General's authority to enter a contingent fee agreement with an outside firm to investigate potential violations of consumer protection law, ruling against a challenge from the subjects of an investigation.

Stay Lifted in Spanier's Suit Against Freeh

Max Mitchell : The Legal Intelligencer : January 11, 2016

After nearly two years on hold, former Penn State President Graham Spanier will be able to move forward with his defamation suit against Louis Freeh and his investigation group, but Spanier may not directly sue his former employer for breach of contract.