The ABA Journal reports that financing data from 20 top firms revealed that seven of them do not borrow any money at all. They are: Dechert; Weil Gotshal & Manges; K&L Gates; Day Pitney; Perkins Coie; Morgan Lewis & Bockius; and Gibson Dunn & Crutcher.

Capital requirements

Six other firms confirmed that they had increased capital requirements, while several more said they were considering doing so.
The data showed that Pittsburgh-based K&L Gates had the highest capital contribution levels from those who reported their figures. The amount ranges from 35 per cent to 60 per cent of annual earnings, with those higher up the partner ladder contributing more.  
K&L Gates chairman Peter Kalis said that the firm had $75 million in lines of credit, but had never dipped into it.