SJ Berwin adds Dechert's former London chief Fogel to board

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  • Just seen this. I wish Steven well, but as someone very closely involved with the Dechert merger, it is quite wrong to suggest that Steven "led [TSD] through its merger". What Steven did was parcel the Firm up to be swallowed and that is a quite different skill.

    What this article also doesn't spotlight, is that a senior partner charged with investigating the management of the merger process after the event in the light of partner disquiet about it, expressed himself staggered by the lack of perception and insight about the deal that had actually been done by those charged with its negotiation.

    Whatever one's view about the necessity of TSD doing that deal (and it probably wouldn't have survived without a deal such as this), the delivery of it was a shambles.

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