Freshfields keeps PEPs high through recession

May 18, 2010 Some interesting figures arise from The Lawyer’s Transatlantic Elite report, such as the fact that Freshfields Bruckhaus Deringer has posted the industry’s highest PEPs since the recession started. The firm has reported a compound annual growth rate of 18.1 per cent since 2007. The only other firm that comes close is Slaughter and May, with 17.9 per cent.

A number of top Wall Street firms had significant drops in PEPs over the same period: Debevoise & Plimpton lost 9.6 per cent, Davis Polk & Wardwell lost 6.7 per cent, Cravath Swaine & Moore lost 9.5 per cent and Simpson Thacher & Bartlett was down 8.3 per cent.

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