Dechert Bolsters Financial Services Practice with Robert Shapiro's Expertise
Dechert Welcomes Robert Shapiro to Strengthen Financial Services Group
Dechert LLP, a leading global law firm, has recently announced the strategic addition of Robert Shapiro to its esteemed financial services practice. This move reflects the firm's commitment to enhancing its regulatory capabilities within the U.S. financial landscape.
Shapiro, who will be based in Dechert's Washington, D.C. office, brings a wealth of experience and specialized knowledge in regulatory matters related to investment advisers and private funds. His previous role involved significant responsibilities as Assistant Chief Counsel at the U.S. Securities and Exchange Commission (SEC), where he provided guidance on vital regulatory frameworks such as the Investment Advisers Act and the Investment Company Act. His extensive background includes expertise in areas such as digital assets, robo-advisers, and anti-money laundering regulations.
Mark Thierfelder, co-chair of Dechert, emphasized the importance of Shapiro's arrival, stating, "As we continue to expand our specialized, best-in-class financial services offerings, Robert's extensive regulatory expertise is a tremendous asset to the firm." This sentiment is echoed by Chris Harvey, co-chair of the financial services group, who highlighted how Shapiro's proficiency would enhance Dechert’s representation of alternative asset managers, particularly in the fast-evolving crypto sector.
Shapiro’s role will not only focus on supporting Dechert’s robust financial services team but also involve collaborating with large asset managers and institutional sponsors who are navigating complex investment regulations. His familiarity with high-stakes legal issues and compliance matters positions him as a vital part of Dechert’s strategy to address the evolving needs of its clientele.
"I have worked across the table from Dechert attorneys for years and have always been impressed by their extensive expertise and ability to tackle cutting-edge and novel issues," remarked Shapiro. His eagerness to contribute to Dechert’s growth underscores his commitment to helping clients successfully navigate a rapidly changing financial environment.
With a team of nearly 200 lawyers dedicated to financial services and investment management, Dechert has established itself as a powerhouse in the legal industry. The firm was a pioneer in launching a funds practice across all major European jurisdictions, including the UK, Ireland, and Luxembourg, as well as key markets in the U.S., Middle East, and Asia.
Dechert's longstanding reputation for excellence in the legal field is further solidified by its recognition as a leading global law firm for investment funds by independent experts. This growth trajectory and continuous enhancement of its service offerings demonstrate Dechert’s commitment to delivering exceptional legal solutions to its clients.
As the financial landscape becomes increasingly intricate, the addition of Robert Shapiro to Dechert’s financial services group signifies a proactive approach to meet the demands of a dynamic market. The firm looks forward to leveraging his skills and insights to provide comprehensive legal support, ensuring its clients remain compliant and competitive in their respective industries.
About Dechert LLP
Founded over 150 years ago, Dechert LLP has built a reputation for providing first-rate legal services across various sectors, including financial services, private capital, and life sciences. With nearly 1,000 attorneys located strategically worldwide, Dechert is not only a trusted partner to its clients but also a leader in fostering innovative solutions to their most challenging legal issues. The firm remains dedicated to achieving unprecedented results for its clients through unwavering partnership and expert guidance.