Department profile
Dechert LLP

Partnership: Contentious

UK Guide 2026 : UK-wide

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Dechert LLP

Rankings

About

Provided by Dechert LLP

Our partnership team in London is drawn from a number of practice areas (including tax, employment, regulation, litigation, corporate and financial services) and is deeply experienced in all aspects of partnership law, particularly in the financial services sector. We regularly advise on limited partnership (LP) and limited liability partnership (LLP) structures and prepare LP and LLP agreements. We are also very experienced at handling and resolving LP, LLP and member disputes.

Clients frequently turn to us for help with all aspects of partnership law, from the design of governance arrangements and profit waterfalls through complex spin out exercises to member removals and enforcement of restrictive covenants.

Chambers Review

Provided by Chambers

Partnership: Contentious - UK-wide

What the Team is Known For
Dechert fields a cross-disciplinary team advising partnerships, LLPs and individuals on diverse matters ranging from structuring, formation and dissolution to disputed removals and breaches of good faith. The team's work is principally focused on the financial services sector, offering expertise in regulatory and tax-related issues, with a notable ability to provide cross-border advice. The firm's clients include investment and asset management companies.
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Work Highlights

Provided by Chambers

  • Dechert advised LMR Partners, a multi-strategy international hedge fund manager, on the acquisition by its partners of a minority stake in LMR held by Petershill Partners (an investment fund spun off from and still majority-owned by Goldman Sachs).

Strengths

Provided by Chambers

  • They have deep expertise within our sector and show high-quality attention to detail.

    Partnership: Contentious respondentUK

  • They have subject matter experts and good industry knowledge which they apply in a practical way.

    Partnership: Contentious respondentUK

  • Dechert has lots of good resources and a willingness to bring in others in the firm to offer expert views.

    Partnership: Contentious respondentUK

  • They are commercial, responsive and have strong industry knowledge.

    Partnership: Contentious respondentUK

Notable Practitioners

Provided by Chambers

  • Jason Butwick
    Jason Butwick

    Jason Butwick

    Jason Butwick is equally strong on both contentious and non-contentious mandates, advising on the negotiation of partnership agreements, partner retirements and partner moves, along with associated disputes. He has a particular focus on clients in the financial services sector.

    • Jason is one of the best in the market covering hedge funds. He has strong market knowledge and he is very commercial and responsive.

      Partnership: Contentious respondentUK

    • Jason understood exactly what we were trying to achieve, told us clearly what we could and couldn't do and advised us how to approach particular issues.

      Partnership: Contentious respondentUK
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Ranked Individuals at Dechert LLP (2)

UK-wide

Members

Provided by Dechert LLP

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