|Merger ranking||-||Litigation ranking||-||Cartel ranking||-|
|Global head||Steven Bizar, Michael Weiner|
|No. of jurisdictions with a GCR-ranked competition team||6|
|Percentage of partners/counsel in Who's Who Legal||29%|
|Lateral partner hires||1|
|Former senior enforcers who are partners/counsel||5|
Dechert inched up from 21 to 20 in the Global Elite rankings this year, despite losing four partners and adding only a single lateral hire at that level. Shari Ross Lahlou joined the Washington, DC office in April 2019 from Crowell & Moring’s competition practice. Her addition followed the departure of partners Paul Denis and Paul Friedman in Washington, DC, Ethan Litwin in New York and Christine Levin in Philadelphia. The transatlantic team houses 14 total partners across seven offices, five of which are ranked by GCR.
Although Dechert fell outside the top 10 in the three major areas ranked in the Global Elite, it achieved good work in each. Perhaps the biggest deal of the year was the firm’s representation of CVS Health in its acquisition of insurer Aetna, which was valued at $70 billion. While the second request was received prior to the relevant window, the deal was conditionally cleared in late November 2018 by the US Department of Justice’s (DOJ) antitrust division. Dechert worked with Pinheiro Neto Advogados in Brazil and Karanovic & Partners in Serbia in advising One Equity Partners on the sale of chemical maker PeroxyChem to Evonik Industries, which the US Federal Trade Commission sued to block in August 2019.
On the cartel side of things, Dechert partner Steve Bizar leads the team acting for a client in the DOJ’s probe of early admission practices. The firm is advising a company on a confidential investigation in the US, which remained ongoing at the time of writing. The firm has also obtained leniency for Crown Holdings in the European Commission’s ongoing cartel proceedings regarding the packaging industry.
In non-cartel conduct work, Dechert is advising a major client in the US regarding a price coordination investigation. It also acted for a major technology company before the EU enforcer and France’s competition authority in an abuse of dominance probe that closed in June 2018, and is advising two companies regarding confidential probes in the US. Turning to private litigation, Citron Pharma has retained Dechert’s counsel in the Generic Pharmaceuticals price-fixing case, which involves enforcers from at least 49 US states and territories. The firm is active in several other ongoing private cases, including defending Endo Pharmaceuticals against pay-for-delay allegations in the Opana ER antitrust litigation.
Real-world advice and guidance
The road to your next opportunity may have more curves than expected. You can count on Dechert’s innovative antitrust strategies and proven expertise to help you navigate that journey.
Dechert’s global team includes lawyers who have served in:
- the US Federal Trade Commission;
- the Department of Justice’s antitrust division; and
- the European Commission’s Directorate-General for Competition.
We understand the commercial landscape and legal restrictions you face. That’s why companies around the world turn to us for practical solutions to their most critical antitrust matters, including:
- merger clearance and litigation;
- private lawsuits, including class actions;
- government cartel and abuse of dominance investigations; and
- counselling on key business initiatives and antitrust compliance.
We specialise in complex matters and managing risk. Our clients’ matters often involve legal and commercial concerns across multiple jurisdictions.
Through the years, Dechert lawyers have obtained clearance for some of the most challenging transactions, achieved a string of outright litigation victories for our clients — helping to rewrite the law on class certification in the process — and succeeded in other hotly disputed issues that led to favourable settlements.
Whether you need an adviser to help you manage your next multinational acquisition, government investigation or high-stakes litigation, Dechert’s antitrust team has the track record and field-tested knowledge to help steer you through the most challenging legal obstacles and achieve your business goals.
Global experience, local presence
Realise the benefits and reach of a global antitrust practice with lawyers in:
- New York;
- Philadelphia; and
- Washington DC.
We also work with select local counsel around the world to provide you with a single solution that delivers worldwide coverage.
Work with a global team of lawyers who can help advance your business. Visit www.dechert.com/antitrust to learn more.