Dechert Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Dechert LLP

  • - Financial Information
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  • - Pro bono
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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

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

The Toughest Job in Big Law?

Douglas McCollam : The American Lawyer : February 26, 2015

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

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.

Shovels, Not Gavels, in Snowy Boston

Sheri Qualters : The National Law Journal : February 12, 2015

Suffice it to say that the snow in Boston has lost its appeal. The three-week onslaught has hampered road and transit travel, forced court closures and tested law firms' ability to keep their businesses running.

Dechert, King & Spalding Beat Back Soverain Patent Appeal

Scott Flaherty : The Litigation Daily : February 12, 2015

Handing a win to Victoria's Secret and Avon Products, the Federal Circuit ruled that Soverain couldn't escape an earlier ruling invalidating its patents in case involving the online software retailer Newegg Inc.

Hogan Lovells Introduces Community Service Mandate to All Employees

Nell Gluckman : The Am Law Daily : February 11, 2015

The firm has put in place a new policy that requires each of its more than 5,000 employees in about 25 countries to devote 25 hours per year to community service. The policy is unique because it does not just apply to lawyers, and it will encompass the international offices.

Cybersecurity Practices Booming in Era of the Breach

Gina Passarella and David Gialanella : The Legal Intelligencer : February 10, 2015

Editor's note: This is the second installment in a series done by The Legal and affiliate New Jersey Law Journal on how general counsel and law firms are tackling the issue of cybersecurity.

An Early Look at The 2015 Am Law 100

: The American Lawyer : February 09, 2015

The Am Law Daily's early coverage of 2014 financial results of The Am Law 100/200 includes an examination into what's going on behind the numbers. This list will be updated as new results become available. Final rankings and full results for The Am Law 100 will be published in The American Lawyer's May 2015 issue and The Am Law Second Hundred will be published in the June issue.

Client Cybersecurity Demands Drive Burgeoning Practices

David Gialanella and Gina Passarella : New Jersey Law Journal : February 06, 2015

Firms that developed specialized practices in advance of last year's barrage of data breach headlines said they're feeling the increase in demand for cybersecurity counsel.

Locke Lord Lures Boies Litigator, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : February 04, 2015

Boies Schiller & Flexner partner Kathleen Smalley is headed to newly merged Locke Lord; Davis Polk poaches Greenberg Traurig's real estate chair in New York; three DLA Piper finance lawyers depart; Littler Mendelson heads to Maine; and other notable moves from throughout The Am Law 200.

Reed Smith Sued Over Client's $20.5M Insurance Dispute

Gina Passarella : The Legal Intelligencer : February 04, 2015

The owner of a Villanova, Pa., mansion that burned to the ground has sued Reed Smith for legal malpractice regarding the firm's negotiation of a $20.5 million insurance settlement that was disputed by the tenants of the home.

Dechert Grows Revenue 8 Percent, PPP 7.7 Percent

Gina Passarella : The Legal Intelligencer : February 02, 2015

Dechert finished out 2014 with an 8 percent rise in gross revenue and a 7.7 percent increase in partner profits on what firm leadership said was a year driven by a rise in demand and an improved practice mix.

February Deals & Suits

: Corporate Counsel : February 01, 2015

Grocers Will Sell 168 Stores to Win Merger Approval

Jenna Greene : Legal Times : January 27, 2015

Supermarket chains Albertsons and Safeway will sell 168 stores in eight states to win approval of their $9.2 billion merger from the Federal Trade Commission, the agency said Tuesday.

Ex-S&P Exec Joins Battle Against SEC Administrative Actions

David Bario : The Litigation Daily : January 19, 2015

A quartet of lawsuits challenging the SEC's in-house enforcement actions became a quintet on Friday, signaling that it may take a federal appeals court—and perhaps even the U.S. Supreme Court—to decide once and for all whether the agency's administrative proceedings pass muster.

Fahey Named to Fill Court of Appeals Vacancy

Joel Stashenko : New York Law Journal : January 16, 2015

Justice Eugene Fahey, of the Appellate Division, Fourth Department, is Gov. Andrew Cuomo's choice to fill a seat on the Court of Appeals opened by the Dec. 31 retirement of Robert Smith.

Leading 2014 M&A Transactions

: New Jersey Law Journal : January 15, 2015

The leading M&As of 2014, where the target or acquirer was based in NJ.

After Long Careers, Am Law Luminaries Look to New Horizons

Brian Baxter : The Am Law Daily : January 14, 2015

From Akin's John Dowd to Vinson & Elkins' Joe Dilg, the start of 2015 has led some lions of the bar to retire. Some, like Dilg, are leaving Am Law 100 life early to try their hand on the business side, while others, such as Baker Botts' Robert Jordan and McGuireWoods' Richard Lieberman, are preparing for book tours.

Ex-Fox 29 Anchor's Racial Slur Case Moves Toward Trial

Max Mitchell : The Legal Intelligencer : January 14, 2015

A former Fox 29 anchor who was fired after using a racial epithet will not have to wait for his former employer's interlocutory appeal before his employment discrimination suit can go to trial, a federal judge has ruled.

How Bingham Failed: The Inside Story

Julie Triedman : The American Lawyer : January 14, 2015

Three years ago, Bingham McCutchen was literally a case study in successful management. 
Now it's dead. A look at last days of a high flyer and the stumbles that sealed its fate.

Financial Litigation Hiring Heats Up, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 13, 2015

Paul Hastings, Hughes Hubbard & Reed, Debevoise & Plimpton and Boies, Schiller & Flexner make high-profile litigation hires; an Akin project finance head goes in-house; Kelley Drye & Warren adds a Bingham McCutchen refugee but loses its private equity chair; and other notable hires from throughout The Am Law 200.