Dechert snares Dewey capital markets pair as losses escalate

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Readers' comments (18)

  • Put a fork in it ... Dewey's done.

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  • This is never going to happen. Camille's move is likely to be motivated by money. Good luck to him but thats career suicide. Dechert doesn't have a Middle East strategy and Gavin and Chris will not defect to such a firm. Wishful thinking on Dechert's part. It's a sad state of affairs for Dewey & LeBoeuf.

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  • Anonymous | 16-Apr-2012 5:11 pm is right about Abousleiman and Dechert - Gavin is a good guy and will hopefully land on his feet in the UAE. Its unfortunate for the individuals involved but the writing has been on the wall for at least 3 years.

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  • Having worked opposite them on deals, I can say Dechert will have their hands full. However, these two London partners are a force to be reckoned with. Very tough negotiators and some of the best operators in emerging markets capitals markets at the moment.

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  • This is very sad. Like watching a train crash. A lot of people are going to get hurt by all this. We must now have reached melting point; the point when major clients become seriously concerned about giving a firm new work.

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  • Maybe this is LaBouef leaving Dewey and not a capitulation?

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  • I think the London market is going to have to prepare itself for a new rescue mission. Not on the scale of Halliwells, but even so, there will be a lot of junior lawyers and staff needing a home very soon. It behoves the firms here to help if they can, especially if there are any trainees at the D&L office in London.

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  • This will be the 3rd firm in 4 years for Gavin Watson. All was not well at the UAE office anyway, with Gavin loosing the title of managing partner already. Dechert will have there hands full with this one. Taking the whole office it seems now, for the second time. Also very annoying for clients.

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  • "Gavin and Chris will not defect to such a firm. "

    Whoops, they just did! lolz

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  • Come on, spell Dewey & LeBoeuf right

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  • Gavin, Chris and Samer. Yawn. Just like the last raid a few years ago, the whole office will not go with them. Decent lawyers and staff are able to get jobs elsewhere. Doesn't Gavin realise Dubai is a small town and he is known for this modus operandi? Do they have any clients to take?

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  • Reminds me of the Kardashians "trying to Take Dubai".

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  • Gavin Watson is well known for this in Dubai. Every move is his last, every Firm worse than the previous. It is the second time to kill an office. Dewey's problems are well documented but it will have served the Dubai office well, as anyone who has had dealings with them will know they have had their problems. It will be interesting to see who will get Managing Partner status - Chris Sioufi or Gavin Watson. It seems that they can't live with or without each other. Camille is the big draw here, and they are probably hoping he will feed work to them in Dubai. Dechert should have done more diligence and opened in Abu Dhabi where there is at least a chance of building a client base.

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  • It is well known that there's too many law firms in Dubai; they are all struggling for work. Good luck making friends Dechert.

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  • Abu Dhabi would had been better. There are too many firms in Dubai scratching around for work. It has been quiet for a long time.

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  • Wasting their time. Dubai lawyers are sniffing around for work to the extent that even the big players are desperate.

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  • Only the big boys will survive. The work simply isn't there.

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  • I guess this group in Dubai just change the nameplate on the door AGAIN.

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