Best legal adviser: Dechert

Pushing beyond the boundaries

Pushing beyond the boundaries

Formed in July 2005, Dechert’s Islamic finance and investment practice has quickly established an impressive track record of transactions, which span the entire spectrum of Islamic finance from traditional trade finance techniques to pioneering derivative products. The practice currently operates out of offices in New York, Frankfurt and London, but Michael McMillen, who founded the unit, says Dechert is actively looking at adding an office in the Middle East.

Like many leading practitioners, McMillen believes that the future for Islamic finance lies in its integration into the conventional finance fold.

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