In an example of the laser-like focus U.S. law firms are placing on London in recent months, Dechert has revamped the leadership structure of its London office with an eye toward making it on par with the firm’s largest locations in New York and Philadelphia.
Dechert is moving from a one-man managing partner model to a four-person office leadership team focused on elevating the firm’s position in the market, with an administrator responsible for more of the day-to-day operations of the 140-lawyer shop. The new committee is set to take effect July 1, the same time Philadelphia-based Henry Nassau takes over as firm CEO from Daniel O’Donnell.
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