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

Big Deals

Jennifer Henderson : The Am Law Daily : April 23, 2015

Dozens of New York lawyers have landed lead roles on the dissolution of General Electric Co.'s financial unit in a bid by the industrial conglomerate to return $90 billion to shareholders.

Will Firms Lose Savings From Secondary Markets?

Gina Passarella : The Legal Intelligencer : April 22, 2015

The past few years have seen a lot of talk and some action around law firms creating outposts in secondary markets where they can not only house back-office administrative operations, but lawyers who charge out at lower rates.

Dealmaker of the Week: Warren Gorrell of Hogan Lovells

Jennifer Henderson : The Am Law Daily : April 17, 2015

Gorrell advised General Electric Co. in the $26.5 billion sale of GE Capital's real estate portfolio to funds managed by Blackstone LP, along with Wells Fargo & Co. and additional buyers.

Deal Watch: Am Law Firms Get Electric With $26.5 Billion GE Capital Deal

Jennifer Henderson : The Am Law Daily : April 16, 2015

As hundreds of Am Law 100 lawyers work on the dissolution of General Electric's financial unit, three more big firms grab roles on Nokia's $16.6 billion acquisition of Alcatel-Lucent.

DA Group Files Brief Against Wolf's Death Penalty Reprieve

Lizzy McLellan : The Legal Intelligencer : April 15, 2015

The Pennsylvania District Attorneys Association, in a filing to the state Supreme Court, said Gov. Tom Wolf's death-penalty moratorium violated constitutional rules on granting reprieves and suspension of laws.

Wine Lovers Relocate, Plus More Lateral Moves

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

Duane Morris and McKool Smith saw a pair of oenophiles pull up stakes for new endeavors; Kirkland & Ellis adds one litigator and loses two more; Paul Hastings bolsters its banking group in London; and other notable moves from throughout The Am Law 200.

Patent Assertion Entities—Market Participants or Trolls?

Shepard Goldfein and James Keyte : New York Law Journal : April 14, 2015

In their Antitrust Trade and Practice column, Shepard Goldfein and James Keyte write that while the potential anticompetitive effects of Patent Assertion Entities in broad terms may not be discernable until an FTC study is released at the end of this year, there is a growing body of individual actions addressing the viability of antitrust principles to restrict the power of these entities.

Pa. Big-Firm Associate Salaries in Flux

Gina Passarella : The Legal Intelligencer : April 14, 2015

The associate compensation landscape in Pennsylvania is slowly evolving and, in the wake of Dechert's local salary bump, could see more changes as a number of law firms say they are evaluating their compensation programs.

Movers

: The National Law Journal : April 13, 2015

Laterals and new arrivals in this week's column.

Subpoenas Ruled Too Invasive in Bias Case

Mark Hamblett : New York Law Journal : April 10, 2015

Third-party subpoenas seeking information from members of a group accused of anti-Semitic motives in opposing a Hasidic housing development are too broad and invasive to be enforced, a federal judge has ruled.

The Benefits of Staying Engaged With Your Law School

Geneva Campbell and Lynne Kolodinsky : The Legal Intelligencer : April 09, 2015

As law students, it rarely, if ever, crossed most of our minds that we would one day join the ranks of alumni. At points it was somewhat difficult to believe that law school would ever end, let alone that we would ever be in a position to reflect fondly on the experience and to support our schools. Nevertheless, as successful law students, we inevitably became alumni—and that transformation took place astonishingly quickly.

Supreme Court Won't Rule on Zappala's Dragonetti Appeal

Gina Passarella : The Legal Intelligencer : April 08, 2015

The Pennsylvania Supreme Court has dismissed as being improvidently granted an appeal brought in a suit against several law firms by the former co-owner of the juvenile detention facility at the heart of the Luzerne County "kids-for-cash" judicial scandal.

Firms Respond to Dechert Salary Increases

Gina Passarella : The Legal Intelligencer : April 08, 2015

Dechert took the Philadelphia market-high for associate compensation to a new level for dozens of junior lawyers when it announced Monday that it would increase salaries to between $160,000 and $280,000 for first- through eighth-year associates.

Dechert Raises Associate Pay in Phila., Princeton

Gina Passarella : The Legal Intelligencer : April 07, 2015

Competition among law firms for market share is fierce, and so too, it seems, is the competition for associates. In the past two years, Pennsylvania law firms have been bumping up, sometimes quietly, associate salaries.

Panel Reverses Plea It Finds Was Coerced in Shooting

Joel Stashenko : New York Law Journal : April 07, 2015

The Third Department found that during a lengthy inquiry about a planned intoxication defense when hearing a request for an adjournment the trial court "compelled defense counsel to lay bare his proof in this regard and thereafter expressed serious misgivings as to the merits and/or viability of the subject defense."

Oil Refiners' Lobby Taps Crowell & Moring, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 03, 2015

Crowell & Moring's environmental and natural resources chair decamps for a key client; Fried Frank hires a new litigation chief; McGuireWoods adds a former top Milbank litigator in Los Angeles; and other notable additions from throughout The Am Law 200.

Dechert, DLA Piper Make Hires From Rival Firms

Gina Passarella : The Legal Intelligencer : April 02, 2015

Dechert and DLA Piper both grew their corporate practice bench strength Wednesday with hires in the private equity and life sciences M&A sectors.

Deal Watch: Four Am Law Firms Advise on UnitedHealth's $12.8 Billion Catamaran Buy

Jennifer Henderson : The Am Law Daily : April 02, 2015

This week's roundup of deals worth $1 billion or more features UnitedHealth Group Inc.'s $12.8 billion acquisition of Schaumburg, Illinois-based pharmacy benefits manager Catamaran Corp. Sullivan & Cromwell, Blake, Cassels & Graydon and Squire Patton Boggs advised UnitedHealth in the transaction, while Sidley Austin and Baker & McKenzie worked on behalf of Catamaran.

Canadian Deals

: Corporate Counsel : April 01, 2015

Cozen O'Connor Could Fill Market Void With Chicago Merger

Gina Passarella and Brian Baxter : The Legal Intelligencer : March 31, 2015

Cozen O'Connor leadership said as recently as last week that it was looking to grow in the Midwest this year, and, according to one media report, that may happen sooner rather than later if merger talks with Chicago's Meckler Bulger Tilson Marick & Pearson result in a union.

Diversity Initiative Honorees 2015

: New York Law Journal : March 30, 2015

In this Special Report, the New York Law Journal recognizes the tenacity and creativity of professionals working daily to create a diverse legal community, and to share ideas that worked.

Diversity Initiative Honorees 2015: Dechert

Len Maniace : New York Law Journal : March 30, 2015

When the current decade began, despite earlier efforts, Dechert was failing to attract, develop or retain a diverse staff. That picture has changed, with a particular increase in visibility of LGBT attorneys.

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.