Dechert nabs Morgan Lewis securitisation team

Dechert has swooped on Morgan Lewis & Bockius, taking an eight-strong securitisation team that includes the former chairman of the group. Steven Molitor, who served as chairman of the securitisation group during his tenure at Morgan Lewis and as a partner for over 10 years, led the team of attorneys to Dechert’s Philadelphia office. The loss comes soon after the departure of two partners from Morgan Lewis’s West Coast practice.

First revealed on 9 June