Dechert Bolsters National Security Practice with CFIUS Expert Shannon Reaves

Event summary

  • Dechert LLP added Shannon Reaves as a partner and co-chair of its national security practice on March 31, 2026.
  • Reaves brings nearly two decades of experience in CFIUS and FOCI mitigation, including advising on deals valued in the tens of billions of dollars.
  • He joins Hrishikesh Hari as co-chair and will be based in Dechert's Washington, D.C. office.
  • Reaves is among more than 30 lateral partners Dechert has hired in 2026, expanding its litigation and regulatory capabilities.

The big picture

Dechert's hire of Shannon Reaves underscores the growing demand for sophisticated national security regulatory counsel, particularly in CFIUS and FOCI mitigation. The move comes as cross-border transactions face heightened scrutiny and regulatory complexity, with firms like Dechert positioning themselves to advise on high-stakes deals and compliance matters. The addition of Reaves, along with other lateral hires, signals Dechert's commitment to expanding its litigation and regulatory advisory capabilities.

What we're watching

Regulatory Complexity
How the increasing complexity of national security regulations will impact cross-border transactions and compliance demands.
Practice Growth
Whether Dechert can sustain its rapid expansion in the national security and litigation spaces through strategic hires.
Market Positioning
The pace at which Dechert can differentiate itself in the competitive legal market for CFIUS and FOCI advisory services.