Dechert’s London management committee has shrunk again with the departure of chairman Camille Abousleiman, who has taken a position in the Lebanese government.
Abousleiman stepped down from the committee to become the Lebanese minister of labor. He will remain of counsel at Dechert alongside the new role.
Abousleiman had been chairman since 2016 and also most recently served as the U.S. firm’s global head of capital markets.
He is the second member of the committee to step down in recent months, after fellow Dechert partner Miriam Gonzalez left the firm last fall.
Remaining committee members Jason Butwick and financial services partner Gus Black will continue to oversee the London office. Butwick was previously London managing partner at the firm until 2016, when it moved to the committee management structure.
A representative for the firm said that there are no immediate plans to replace Abousleiman on the management committee.
“We recognize that this is a unique opportunity for Camille to serve his country at the highest level and we are pleased that he will remain at Dechert as of counsel to continue to support clients, working closely with other Dechert attorneys,” Dechert CEO Henry Nassau said.
Abousleiman joined the firm in 2012 from Dewey & LeBoeuf as part of a five-partner team move, and served as the head of Dechert’s Middle East and Africa practice until he became chairman.
Dechert’s U.K. operating profits rose by 43 percent during 2017 to £47.9 million ($62 million), while the top-earning London partner took home £3.8 million ($4.9 million) last year.