Firm Summary
Dechert
Since its founding in 1875, Dechert has grown to become a firm of 22 offices around the world. Today, the firm is known for its expertise in a wide range of areas including antitrust, international arbitration, financial services, life sciences, litigation, product liability, real estate, and securities. In the 1990s, the firm also started focusing on specialization, shoring up their abilities in private equity, intellectual property, and white collar criminal defense. Financial services is also a significant focus, with the firm representing 18 of the top 20 global asset managers.
Firm Stats
- Firm Name
- Dechert
- U.S. Lawyer Headcount
- 613
- Headcount Change Since 2016
Overall -43
Partner -10
- Salary Scale
- Market
- Bonus Category
- Full Match < 2000 Hours Billable Requirement
- Hours Required
- 1,800 - 2,000
- Top Feeder Schools
- Georgetown University Law Center, University of Pennsylvania Law School, Harvard Law School, Columbia Law School
- Average Lawyer Tenure at Firm (Years)
- 4.8
- Revenue Per Lawyer Change Over Five Years
- 22%
- Women Partners (as Percentage of U.S. Lawyer Headcount)
- 7%
- Women Partners (As a Percentage of U.S. Partnership)
- 20%
- Promotion Rate
- 2%
Firm Policies
Work/Life Balance
- 18 weeks primary caregiver leave
- 4 weeks family leave
- Flex and/or reduced hours
- Tech stipends
- Subsidized backup care/emergency dependent care
- Telecommuting
- Mentoring
Benefits and Perks
- $5K bar stipend, $0-10K salary advance, $10K stub bonus (New York and DC)
- $8K bar stipend, $3K stub bonus (New Jersey)
- $11-12K bar stipend, $0-3K stub bonus (Pennsylvania)
- Firm has direct billing with preferred movers
- Full payback required if associate leaves within 12 months
Above the Law Coverage
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The New Normal Sinking In As More Firms Join Davis Polk With $205K Scale
Another firm joins the new new scale.
-
Top 50 Biglaw Firm Will Allow Lawyers To Work From Home 50% Of The Time
The firm has reached a happy, middle ground as far as flexibility is concerned.
-
Top 50 Biglaw Firm Rolls Out ‘Enhanced’ Bonus Structure
Not so fast, it’s not as ‘enhanced’ as you think it is.
-
Biglaw Firm’s Fashionable New Perk
Jeans! Five days a week!
The Law Firm Transparency Project draws upon Above the Law research as well as data provided by Leopard Solutions and UniCourt. Click here for an expanded methodology and definition of terms.
