Two private equity veterans at Dechert, including a former co-leader of the firm’s private equity practice, are moving to Milbank as partners, noting they were attracted to the New York law firm’s “long-term” strategy to build in the practice despite a global M&A slowdown.

Derek Winokur, formerly a co-head of Dechert’s private equity practice, and tax attorney Edward Lemanowicz are joining Milbank’s private equity presence in New York. The additions follow Milbank’s December 2022 acquisition of U.K. corporate boutique Dickson Minto’s London office.  The two have a combined 41 years spent at Dechert.