Klingbaum, a Forbes-recognized attorney, will lead the initiative, integrating Dechert’s existing expertise in private credit, restructuring, and capital markets. His background includes advising on high-yield and mezzanine transactions, ranging from middle-market deals to large-cap restructurings. Harris brings a complementary focus on credit opportunities, intercreditor relationships, and complex structured financing, including debtor-in-possession and exit financings.
Dechert Adds Partners Klingbaum and Harris to Lead Capital Solutions
Dechert LLP is expanding its distressed finance and special situations capabilities by hiring partners Leonard Klingbaum and Jennifer Harris. The move establishes a new cross-disciplinary capital solutions team, positioning the firm to handle complex, multi-stage investment mandates across its New York and Los Angeles offices.
The addition of these partners marks the latest phase in Dechert’s aggressive lateral recruitment strategy, which has seen the firm bring on more than 45 partners this year. Firm co-chair Mark Thierfelder noted that the recruits were selected to navigate an increasingly sophisticated investment landscape. By placing Klingbaum in New York and Harris in Los Angeles, the firm aims to bolster its bi-coastal footprint to better serve asset managers and sponsors throughout the investment lifecycle, from initial deal origination to insolvency proceedings.
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