Dechert Reclaims Top Issuer Counsel Spot for CLOs

Dechert’s CLO team has been ranked the #1 top issuer counsel for U.S. collateralized loan obligations (CLOs) in 2025 by Asset-Backed Alert. The team served as issuer counsel for 298 U.S. CLOs with an issuance of US$132.2 billion, reclaiming the #1 spot on the chart.

The Dechert team also earned recognition in the 9fin CLO Legal Tables for 2025, securing the #1 position as manager’s counsel for U.S. middle market (MM) CLOs and the #2 position for broadly syndicated loans (BSLs).

These rankings reflect not only our team’s deep sector experience and commitment to excellence but, even more importantly, the trust and collaboration of our clients. We’d like to thank them for their continued partnership.  Finally, a very special thanks to our hard working team of associates and colleagues, whose goal every day is to be the best in class.

Asset-Backed Alert reports on worldwide securitization, ranking top law firms in categories for underwriter and issuer counsel for ABS/MBS and CLOs. Only CLO deals backed by corporate loans are counted when creating these rankings. 

9fin CLO Legal Tables rank law firms advising on CLO deals, covering U.S. and European markets, BSL and MM segments, tracking metrics such as the number of deals and total value.

About Dechert

Dechert is the law firm that helps business leaders lead.

For more than 150 years, we have advised clients on critical issues – from high-stakes litigation to first-in-market transaction structures and complex regulatory matters. Our lawyers in commercial centers worldwide are immersed in the key sectors we serve – financial services, private capital, real estate, life sciences and technology.

Dechert delivers unwavering partnership so our clients can achieve unprecedented results.