Legal Business

Rival firms benefit from imminent Dewey collapse in City

With troubled US firm Dewey & LeBoeuf on the brink of collapse, a number of firms have already stepped in to boost their City offerings by providing homes to small groups of partners. Twenty-four of the firm’s 33 London partners had plans to leave the firm at press time.

Morgan, Lewis & Bockius has emerged as the most acquisitive firm in London, taking six former Dewey partners in the capital, including its former London managing partner Peter Sharp.