This for a W123, but the w124 is almost identical. this is a Rheostat Rebuild in the DIY resources.
This will give you an idea what it looks like.
PeachPartsWiki: Dash Light Rheostat Rebuild
I have seen the Rheostat`s with a jumper wire soldered on the back and I have seen them remover and a wire soldered to some female pins and pushed on the 2 contact pins the stat sits on.
new one`s are close to $100 as I remember, I see good one`s in PNP all the time. mine workd good and seems bright enough, and some nights when Iam tired, I can at least turn them down.
Charlie