On Monday, news broke of more departures from the struggling law firm of Dewey & LeBoeuf, with partners leaving their officers in Dubai, London and Washington D.C. The news of the departures comes as the law firm is trying to renegotiate a $100 million line of credit with a group of lenders. According to Jeffrey Kessler, a member of the law firm’s office of the chairman, said,
“I will say we don’t feel we have any problem with the banks. It’s a routine renewal of a line of credit.”
The partners to depart the law firm include the following:
Michael Klein, who worked as an administrative law partner in the Washington, D.C. office, announced that he moved to Cozen O’Connor. Klein has worked on wind-power plant and natural-gas leasing projects. He also has experience in representing municipalities, utilities, and corporations for eminent domain cases.
Mark Davis and Russell Van Praagh both left the offices in London after joining the firm last summer from Taylor Wessing. The two are joining McDermott Will & Emery.
Camille Abousleiman, Louise Roman Bernstein, Gavin Watson and Chris Sioufi are leaving for Dechert. Abousleiman is leaving from the London office with Bernstein. Watson and Sioufi are leaving from Dubai.
The law firm of Dewey & LeBoeuf has lost 61 partners to rival law firms since 2012 began.