Turmoil at Dewey & LeBoeuf this week spread to the firm's international offices as it emerged that the new management team is making ground on renegotiating credit lines with its lending banks.
The firm's Dubai and London offices have seen a string of partner departures, with teams and individuals in countries including Italy and Russia also considering splitting away from the embattled US firm.
This week's five-partner walkout from the firm's Dubai office - alongside the departure of two London partners - to rival US firm Dechert has prompted a restructuring of Dewey's Middle East operations that could lead to the closure of the Dubai, Abu Dhabi and Doha offices.
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