Denton Wilde Sapte’s decision to dump its European alliance, Denton International (DI), and pull out of a proposed merger with US suitor Pillsbury Winthrop has raised crucial questions regarding the aspirations of its core banking and M&A teams to be the firm of choice for clients instructing outside of the magic circle.
It is no secret that Dentons is in the middle of what insiders are referring to as a ‘quiet revolution’. The managing out of under-performing partners and the recruitment of some higher-profile replacements is part of the same strategic review that is likely to turn Dentons upside down.
