Ropes & Gray partners Leonard Klingbaum, Sam Badawi and Jennifer Harris are leaving the firm to start a capital solutions practice at Dechert, said a source familiar with the matter.

Klingbaum was the co-head of Ropes & Gray’s global finance group, as well as the firm’s liability management cross-practice group. He was also leading the firm’s credit opportunities practice.

Harris specializes in special situations and lender-side finance transactions, including distressed financings, structured financings, secured lending and debt restructurings in and out of court.

Badawi’s practice is rooted in capital markets and securities transactions and workouts, with a focus on distressed and special situations.

The moves follow the departure of several restructuring attorneys from Ropes & Gray over the course of the last few months.

Just this week, the deputy practice group leader of Ropes & Gray’s business restructuring group, Matthew Roose, left the firm to join Gibson Dunn.

The shakeup started last October when Latham & Watkins brought on Ropes & Gray’s then restructuring group chair Ryan Dahl along with restructuring partners Benjamin Rhode and Natasha Hwangpo. Latham also hired partner Max Silverstein from Ropes & Gray.

Ropes & Gray fired back in January by bringing on Rachel Strickland as its new global chair of restructuring, alongside Daniel Forman, Andrew Mordkoff and Andrew Minear. The attorneys had only recently moved to Fried Frank from Willkie Farr.

Simpson Thacher formed its own capital structure practice earlier this year with the hiring of star Kirkland & Ellis partner David Nemecek.

Representatives for Ropes and Dechert didn’t return requests for comment.