Dechert closes Frankfurt office before upcoming Chicago, Beijing, and Hong Kong shutdowns

As the Global Legal Post reports, US law firm Dechert has closed its Frankfurt office in April ahead of plans to also close its locations in Chicago, Beijing, and Hong Kong in the coming months.

Opened in 2012 to operate alongside the Munich office, by the time of its closure, the few lawyers listed under this location on the firm’s website were already based in other offices. It is understood that it functioned like a serviced office.

This closure leaves Dechert with a single German base in Munich. The impending shutdown of its Chicago, Beijing, and Hong Kong offices will further reduce its total network of offices to 17.

“Following a strategic review of our office locations, we have made the careful decision to close our Chicago, Beijing and Hong Kong offices around the end of 2024,” the firm announced in a statement. “We remain committed to representing asset management firms, financial institutions and companies on issues critical to managing their business and capital – from high-stakes litigation to complex transactions and regulatory matters. In Asia, we will continue to serve our clients out of our Singapore office, maintaining our award-winning practices and support for the Asia-Pacific region.”