US financials: London growth sees modest rise in Dechert’s global revenue and PEP

Dechert‘s financials for 2016 show revenue has risen 3% to $911.5m, while profit per equity partner (PEP) increased by 2% to $2.6m, mostly off the back of solid growth in London of 19% in billed and received work.

While PEP increased slightly from $2.5m in 2015 to $2.6m last year, revenue per lawyer (RPL) fell by 1% to $995,000. Net income fell by 2.2% to $400.5m from $409.8m.

Your limit of 1 article in 30 days is up. Please login for full access or subscribe.