Dechert Grows Revenue 6.6 Percent, PPP 2.4 Percent

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Dechert

On the whole, 2013 was about spending time reaping the benefits of its 2012 expansion and growing out some of those new offices, particularly in Chicago and Los Angeles.

"We kind of go in a growth and digest mode and 2013 was a little bit more digest," O'Donnell said. "I anticipate growth in '14."

O'Donnell said he expected 2014 would see continued strength in the finance and real estate and IP practices. He said the private equity work would remain solid while M&A activity by strategic buyers was expected to increase. O'Donnell said he thinks companies with a record amount of cash on hand are going to start to use it.

While there is a general sense that the recovery has taken hold, O'Donnell said he thinks it is fragile and a number of things could push the economy off-track.

Gina Passarella can be contacted at 215-557-2494 or at gpassarella@alm.com. Follow her on Twitter @GPassarellaTLI. •

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