McDermott Will & Schulte

Last updated
McDermott Will & Schulte
Headquarters River Point
Chicago, Illinois
No. of offices20+
No. of attorneys1750
No. of employees3,200+
Major practice areasGeneral practice
Key people
  • Edward H. McDermott (co-founder)
  • William M. Emery (co-founder)
  • Ira Coleman (chairman)
RevenueIncrease2.svg $1.82 billion USD (2022) [1]
Profit per equity partnerIncrease2.svg $3.32 million USD (2022) [1]
Date foundedFebruary 2, 1934
Founder
  • Edward H. McDermott
  • William M. Emery
Company type multiple legal entities, primarily limited liability partnerships, coordinated through service agreements [2]
Website mwe.com

McDermott Will & Schulte (formerly McDermott Will & Emery) is an international law firm with a diversified business practice. The firm is one of the largest-grossing law firms in the United States and globally, [3] and its lawyers represent a wide range of commercial, industrial, and financial enterprises.

Contents

Their award-winning practices include:

They provide multifaceted advice across global market sectors, including:

They counsel clients in more than 100 countries across 6 continents:

59% of Fortune 100 companies

29% of German DAX 40 and France CAC 40 companies

38% of S&P 500 companies

45% of NASDAQ 100 companies

On August 1, 2025, McDermott Will & Emery merged with Schulte Roth & Zabel, becoming McDermott Will & Schulte. [4]

History

Chicago lawyers Edward H. McDermott and William M. Emery founded the firm in 1934. They were initially focused as a tax law firm, and a corporate department was established in 1941 when Howard A. Will joined the firm. As the century progressed, the firm added capabilities across the legal spectrum, eventually opening eight more offices. By 1984, the firm had amassed one hundred fifty lawyers. Over the ensuing twenty years, the firm grew; in 2004, McDermott numbered over one thousand lawyers. [5] [ non-primary source needed ]

In November 2023, amid a wave of antisemitic incidents at elite U.S. law schools, McDermott Will & Emery was among a group of major law firms that sent a letter to top law school deans warning them that an escalation in incidents targeting Jewish students would have corporate hiring consequences:

We look to you to ensure your students who hope to join our firms after graduation are prepared to be an active part of workplace communities that have zero tolerance policies for any form of discrimination or harassment, much less the kind that has been taking place on some law school campuses. [6]

On August 1, 2025, the firm merged with Schulte Roth & Zabel, forming a new firm under the name McDermott Will & Schulte. [7]

Organization

McDermott has more than 1,750 lawyers across more than 20 offices in the United States and Europe. [8]

The firm consists of multiple legal entities that are coordinated through service agreements: [2]

Recognition and rankings

Notable alumni

Notes

  1. In France, an AARPI or Association d'Avocats à Responsabilité Professionnelle Individuelle (Association of Lawyers with Individual Professional Responsibility) is a form of limited liability partnership established by a 1954 government decree rescinding the prohibition on joint exercise structures in the legal profession. [9]
  2. In Italy, a Studio Legale Associato (Associated Legal Practice) is similar in structure to a limited liability partnership. They were first established in 1997 when a law was passed rescinding a previous prohibition on libero professionisti (lawyers, accountants, doctors, chartered surveyors, etc.) forming such partnerships. [10]

References

  1. 1 2 Smith, Patrick (2023-02-27). "McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices" . Retrieved 2023-02-27.
  2. 1 2 "McDermott Will & Emery - Disclaimer". Archived from the original on 2015-06-07.
  3. AmLaw 100, The American Lawyer, 2020
  4. "Top law firms finalize merger, debut McDermott Will & Schulte as new legal powerhouse". McDermott. Retrieved 2025-08-12.
  5. "McDermott Will & Emery - Firm History". Archived from the original on 2015-02-23.
  6. Sorkin, Andrew Ross; Mattu, Ravi; Warner, Bernhard; Kessler, Sarah; de la Merced, Michael J.; Hirsch, Lauren; Livni, Ephrat (2 November 2023). "Law Firms Warn Universities About Antisemitism on Campus". The New York Times. Retrieved 2 November 2023.
  7. "Top law firms finalize merger, debut McDermott Will & Schulte as new legal powerhouse". McDermott. Retrieved 2025-08-12.
  8. "McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices". Law.com International. Retrieved 2023-02-27.
  9. Barreau de Paris (28 March 2017). "L'Association d'Avocats à Responsabilité Professionnelle Individuelle". Avocatparis.org. Retrieved 10 January 2019 (in French).
  10. Cassano, Giuseppe (2012). La responsabilità civile. p. 80. Giuffrè Editore. ISBN   8814164843 (in Italian)
  11. "The Chambers Global Guide 2010".
  12. "HRC 2009 Corporate Equality Index" (PDF). hrc.org. Archived from the original (PDF) on 2009-03-26.
  13. "Mergermarket league tables & profiles". Mergermarket.
  14. "FactSet Mergerstat LLC, Home Page". Archived from the original on 2007-06-30. Retrieved 2009-04-09.
  15. Defense Hot List, The National Law Journal. 2006.
  16. BTI Market Movers: Law Firms Shaping the Legal Market BTI Consulting Group. 2006.
  17. Analysis of lawsuits brought by or against the 250 largest publicly traded health care companies in 2005. Health Law360.