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 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 35 -1 Gross revenue
Am Law 200 35 -1 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 to Open in Frankfurt

Gina Passarella : The Legal Intelligencer : May 22, 2015

Reed Smith is set to open an office in Frankfurt, Germany, on June 1 with the addition of seven lawyers from four different firms. The new location, which will focus heavily on the financial services industry, will be managed from the firm's 10-year-old Munich office.

Deal Watch: Four Am Law 100 Firms Prescribed Work on CVS-Omnicare Merger

Jennifer Henderson : The Am Law Daily : May 21, 2015

Firms Prescribed Work on $12.7 Billion CVS, Omnicare Deal

Takata Air Bag Recall Falls Short, Plaintiffs Lawyers Say

Amanda Bronstad : The National Law Journal : May 20, 2015

Plaintiffs lawyers praised Takata Corp.'s admission on Tuesday that a defect was causing its air bags to spontaneously rupture, but they insisted that the company still hasn't gotten to the root of the problem, which they hope to reveal through discovery in more than 100 pending cases.

Gordon Silver's Last Name Partner Departs, Plus More Lateral Moves

Brian Baxter and Nell Gluckman : The Am Law Daily : May 19, 2015

Dickinson Wright hires a name partner from struggling Las Vegas legal mainstay Gordon Silver; Jones Day hires a Kelley Drye & Warren practice leader; Sidley Austin snags two partners in Houston and Singapore; and more notable hires from throughout The Am Law 200.

Unions, Lawyers Among Top Spenders in Big-Money Primary

Lizzy McLellan and Max Mitchell : The Legal Intelligencer : May 19, 2015

In what is shaping up to be the most expensive Pennsylvania Supreme Court race in history, the largest donations have come from lawyers, unions and lawyer-funded political action committees.

2015 Rising Stars

: New York Law Journal : May 11, 2015

The New York Law Journal congratulates the 50 young lawyers chosen as 2015 Rising Stars by a panel of 24 esteemed judges.

Disputed Causation Testimony Allowed in Zoloft Case

P.J. D'Annunzio : The Legal Intelligencer : May 04, 2015

A medical expert in a state-court Zoloft case has been allowed by a Philadelphia judge to testify the drug can increase the risk of heart-related birth defects when taken by pregnant women.

Deal Watch: Skadden, Kirkland Advise on $4 Billion Outsourcing Company Merger

Jennifer Henderson : The Am Law Daily : April 30, 2015

A merger between a pair of international outsourcing and consulting companies tops the list of billion-dollar deals this week, with Paris-headquartered Capgemini agreeing to acquire iGate, based in Bridgewater, New Jersey, for $4 billion.

Gay Lawyer Takes Stand in Defamation Suit

Max Mitchell : The Legal Intelligencer : April 29, 2015

The gay attorney suing Anapol Schwartz for defamation took the stand Tuesday to outline his departure from the firm and decision to accept a job at Raynes McCarty.

Lawyer, Partner Again Denied Cut of $2.2B Nursing Home Deal

Gina Passarella : Delaware Business Court Insider : April 29, 2015

The state Supreme Court has affirmed in a two-page order the Chancery Court's rejection of a lawyer's claim that his business partner breached a contract in a $2.2 billion acquisition of a nursing-home portfolio.

Fox Rothschild Joins Eight Other Pa. Firms in Am Law 100

Lizzy McLellan : The Legal Intelligencer : April 28, 2015

One more Pennsylvania-based firm, Fox Rothschild, has joined the Am Law 100 after a year of significant revenue growth helped it to jump 10 spots in the rankings. The firm grew its revenue more than 10 percent to $331.5 million, making it one of 17 firms in the country to experience double-digit growth.

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