Last year at Dechert was “fine,” CEO Henry Nassau said, with a 2.4 percent increase in revenue and 1.6 percent increase in profits per equity partner (PPP).
Gross revenue for the year was $911.5 million, up from $890 million in 2015. Net income was down 2.2 percent, at $400.5 million, and revenue per lawyer was down 1 percent to $995,000. Equity partner profits saw a very modest bump, with PPP rising to $2.55 million from $2.51 million in 2015.
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