The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Coming only two weeks after the death of the firm’s proposed merger with Orrick, today’s (17 January) exits of capital markets partners Camille Abousleiman and Louise Roman Bernstein don’t look great for the firm as a whole either.
Abousleiman was Dewey’s totemic player, the lynchpin with the high-level business and political connections that generated an oversized proportion of London’s work.
Now those contacts are at LeBoeuf – no working out the notice on this one – and Dewey is left to lick its considerable wounds.
The danger for the firm as a whole, particularly in its New York heartland, is that these exits are not the last.
As Abousleiman told The Lawyer this morning: “I wasn’t very happy with the merger discussions. I didn’t think it was a great thing for Dewey. By the time it was called off, in my mind I was already checked out and was skiing in Canada – I was too far down the line to change my mind.”