Dechert

The Legal Cheek View

Dechert is perhaps best known in the UK for being the workplace of Miriam Gonzalez, the successful 'top lawyer' wife of former deputy PM Nick Clegg. Gonzalez leads the firm’s UK competition law team, which is one of its major London practice areas alongside finance, private equity and litigation. Dechert also has a well-regarded white collar crime practice operating out of the UK, giving the office a more rounded feel than some purely deal-driven US firms in the City.

The firm’s pitch to students is built partially on this, with Dechert’s pay levels more in line with British firms than American ones – although they have recently benefitted from a boost (see below). Another selling point is the very high chance of doing an international secondment that the firm offers to its trainees – nearly 60% of whom have spent time abroad with the firm. The most popular locations include Dublin, Brussels and Singapore.

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Key Info

Training contracts 11
Latest trainee retention rate 73%
Offices 27
Countries 12
Minimum A-level requirement AAB
Minimum degree requirement 2:1

Insider Scorecard

Training
B
Quality of work
A
Peer support
B
Partner approach-ability
B
Work/life balance
C
Perks
B
Office
B
Canteen
B
Social life
C
Chances of secondment abroad
A*

Grades derived from the Legal Cheek Trainee and Junior Lawyer Survey of over 1,500 trainees and junior associates at the leading UK law firms.

Hours

Average arrival time 9:06am
Average leave time 7:56pm
Annual target hours 1,750
Annual leave 25 days

Money

First year trainee salary £45,000
Second year trainee salary £50,000
Newly qualified salary £90,000
Profit per equity partner £1,720,000
GDL grant £10,000
LPC grant £10,000

Diversity

UK female associates Undisclosed
UK female partners Undisclosed
UK BME associates Undisclosed
UK BME partners Undisclosed

Universities Current Trainees Attended