Dechert snares Dewey capital markets pair as losses escalate

Dewey & LeBoeuf is set to lose four partners in London and the Middle East including City capital markets rainmaker Camille Abousleiman, in the latest string of departures from the embattled US firm.

Abousleiman, one of the firm’s highest-profile City partners, is leaving the firm to join Dechert’s London office alongside fellow capital markets partner Louise Roman Bernstein.

They are set to be joined by United Arab Emirates corporate partner duo Gavin Watson and Chris Sioufi, who are understood to be leaving to join a rival firm yet to be confirmed. A source close to Dewey has indicated that their destination could also be Dechert, which currently does not have an office in the Middle East.

The departures bring the number of Dewey partners to leave the firm in 2012 to 58.

Abousleiman joined legacy LeBoeuf Lamb Greene & MacRae in 2007 from Dewey Ballantine, which ended up merging with his former firm less than a year later (17 January 2007). He is a key figure for the firm’s Lebanese and emerging markets practice.

The exits follow the resignation of Mark Davis and Russell Van Praagh to join McDermott Will & Emery in London, reported earlier today (16 April 2012).

Bernstein, Watson and Sioufi declined to comment. Abousleiman, Dewey and Dechert were unavailable for comment.

* See here for more on Dewey and the 2007 merger.