The “Rainmaker” Of Islamic Finance from Dechert leaves and collapses the firms Practice!

 

Islamic finance partner Abradat Kamalpour’s exit from Dechert (as reported on TheLawyer.com, 21 August) has led to the ­collapse of the firm’s core London Islamic finance practice, with two of Kamal­pour’s assistants moving to external posts in the Middle East and a trainee joining him at Ashurst.
Associate Grant Collins is looking to go in-house at a financial institution in the United Arab Emirates, while Shazia Khan will go to the Dubai office of ­Herbert Smith this month. Trainee Amr Marar is expected to join Kamalpour at Ashurst in London.

It is understood that with rainmaker Kamalpour ­moving on,members
of the Islamic finance team did not feel they had much of a future at the firm.

A Dechert spokesman said New York-based partner Andreas Junius will be the new head of an eight-lawyer Islamic finance group.

But according to a source close to the firm, none of the remaining lawyers has a pure Islamic finance focus. “The others occasionally dabble in it when it comes into their area, but they’re not really focused on it,” the lawyer said.

While Kamalpour has chosen to remain in London where his clients are, the relocation of his two assistants to the Gulf is indicative of a wider trend for mobility to and within the region

 

 

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