Dechert LLP Reenters Chicago Market with Strategic Acquisition of 20-Lawyer Litigation Team

Dechert LLP is undergoing a significant expansion with the acquisition of a 20-lawyer litigation team from McDermott Will & Emery. This strategic move by Dechert marks its return to the Chicago market after having closed its office in the city in 2024. The reopening aims to accommodate team leader Mike Poulos, who plays a central role in this transition. The firm is also extending its reach by establishing offices in Dallas and Houston to further its litigation capabilities in key markets.

The Dallas office is set to become a hub for other members of the McDermott team, while the Houston office will benefit from the expertise of a former litigator from Akin Gump Strauss Hauer & Feld LLP. This expansion underscores Dechert’s commitment to broadening its influence and resources in the competitive legal landscape through strategic talent acquisition. Further details on this move can be found in the report by Law.com.

This development comes at a time when firms across the legal industry are increasingly focused on consolidating and enhancing their litigation offerings. The competitive nature of the sector has prompted firms like Dechert to pursue strategic hires and geographic expansion aggressively. Chicago, Dallas, and Houston represent key markets where legal demand, particularly in complex litigation, is robust.

According to industry analysis, this move by Dechert also reflects broader trends where firms are looking to optimize their footprint through targeted acquisitions and market re-entry. This approach allows firms to rapidly scale and diversify their service offerings, catering to a geographically dispersed clientele while bolstering their standing in lucrative sectors.

The decision to enlist high-profile litigators and reopening crucial offices signals a calculated effort to enhance service delivery and strengthen client relationships. As Dechert readies itself for this expansive phase, the legal community watches keenly, anticipating the broader impacts this will have on competition and client service within the industry.