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{{Short description|American law firm}}
{{Short description|American law firm}}{{Infobox Law Firm
{{Copy edit|date=March 2022}}
{{Infobox Law Firm
| firm_name = McDermott Will & Emery
| firm_name = McDermott Will & Emery
| firm_logo = McDermott Will & Emery logo.svg
| firm_logo = McDermott Will & Emery logo.svg
Line 8: Line 6:
| num_attorneys = 1177
| num_attorneys = 1177
| num_employees = 2,300+
| num_employees = 2,300+
| practice_areas = {{plainlist|
| practice_areas = General practice
*Antitrust & competition
*Corporate
*Employee benefits
*Energy advisory
*Finance & banking
*Government strategies
*Health care
*Intellectual property
*Labor & employment
*Litigation & dispute resolution
*Mergers & acquisitions
*Private client
*Regulatory
*Tax
*White collar & securities defense
}}
| revenue = {{increase}} $1.82 billion [[United States dollar|USD]] (2022) <ref name="results">{{cite web |url=https://www.law.com/international-edition/2023/02/24/mcdermott-sees-9-revenue-pep-growth-with-recession-resistant-practices-378-216527/|title=McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices|last=Smith |first=Patrick |date=2023-02-27 |access-date=2023-02-27}}</ref>
| revenue = {{increase}} $1.82 billion [[United States dollar|USD]] (2022) <ref name="results">{{cite web |url=https://www.law.com/international-edition/2023/02/24/mcdermott-sees-9-revenue-pep-growth-with-recession-resistant-practices-378-216527/|title=McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices|last=Smith |first=Patrick |date=2023-02-27 |access-date=2023-02-27}}</ref>
|profit_per_equity_partner={{increase}} $3.32 million [[United States dollar|USD]] (2022) <ref name="results" />| date_founded = February 2, 1934
|profit_per_equity_partner={{increase}} $3.32 million [[United States dollar|USD]] (2022) <ref name="results" />| date_founded = February 2, 1934
Line 34: Line 16:
| homepage = {{URL|mwe.com}}
| homepage = {{URL|mwe.com}}
}}
}}
⚫
'''McDermott Will & Emery''' is an international law firm with a diversified business practice. The firm is one of the [[List of largest United States-based law firms by profits per partner|largest-grossing law firms in the United States and globally]],<ref>''AmLaw 100'', The American Lawyer, 2020</ref> and its lawyers represent a wide range of public and privately held commercial, industrial and financial enterprises.


⚫
'''McDermott Will & Emery''' is an international [[law firm]] with a diversified business practice. The firm is one of the [[List of largest law firms by revenue|largest-grossing law firms]] in the United States and globally,<ref>''AmLaw 100'', The American Lawyer, 2020</ref> and its lawyers represent a wide range of commercial, industrial, and financial enterprises.
The firm consists of multiple legal entities that are coordinated through service agreements:<ref name=mwe-disclaimer /> McDermott Will & Emery LLP (based in Illinois, US, with other offices throughout the country and a foreign office in South Korea), McDermott Will & Emery AARPI{{efn|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.<ref>Barreau de Paris (28 March 2017). [http://www.avocatparis.org/lassociation-davocats-responsabilite-professionnelle-individuelle-aarpi "L'Association d'Avocats à Responsabilité Professionnelle Individuelle"]. Avocatparis.org. Retrieved 10 January 2019 {{in lang|fr}}.</ref>}} (France), McDermott Will & Emery Belgium LLP and McDermott Will & Emery [[Rechtsanwalt|Rechtsanwälte]] [[Steuerberater]] LLP (both based in Delaware, US, with offices in Belgium and Germany, respectively), McDermott Will & Emery Studio Legale Associato{{efn|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.<ref>Cassano, Giuseppe (2012). [https://books.google.co.uk/books?id=IPc6fqXncHAC&pg=PA80 ''La responsabilità civile'']. p. 80. Giuffrè Editore. {{ISBN|8814164843}} {{in lang|it}}</ref>}} (Italy) and McDermott Will & Emery UK LLP.

==Size==
⚫
McDermott has more than 1,177 lawyers across 23 offices in the United States, Europe, and Asia.<ref>{{Cite web |title=McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices |url=https://www.law.com/international-edition/2023/02/24/mcdermott-sees-9-revenue-pep-growth-with-recession-resistant-practices-378-216527/ |access-date=2023-02-27 |website=Law.com International |language=en-us}}</ref>


==History==
==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 when Howard A. Will joined the firm in 1941. As the century progressed, the firm added capabilities across the legal spectrum, eventually opening eight more offices on both coasts. By 1984, the firm had amassed 150 lawyers; over the ensuing 20 years, however, the firm underwent a significant growth spurt—by the firm's 70th anniversary in 2004, McDermott numbered over 1,000 lawyers.<ref>{{cite web|url=http://www.mwe.com/history/|title=McDermott Will & Emery - Firm History|url-status=dead|archive-url=https://web.archive.org/web/20150223212437/http://www.mwe.com/history/|archive-date=2015-02-23}}</ref>{{primary source-inline|date=November 2012}}
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 law|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 150 lawyers. Over the ensuing 20 years, the firm grew; in 2004, McDermott numbered over 1,000 lawyers.<ref>{{cite web|url=http://www.mwe.com/history/|title=McDermott Will & Emery - Firm History|url-status=dead|archive-url=https://web.archive.org/web/20150223212437/http://www.mwe.com/history/|archive-date=2015-02-23}}</ref>{{primary source-inline|date=November 2012}}

In November 2023, amid a wave of [[Antisemitism in the United States|antisemitic]] incidents at elite U.S. law schools, McDermott Will & Emery was among a group of major law firms who sent a letter to top law school deans warning them that an escalation in incidents targeting Jewish students would have corporate hiring consequences. The letter said "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."<ref name=hiring>{{cite news |last1=Sorkin |first1=Andrew Ross |last2=Mattu |first2=Ravi |last3=Warner |first3=Bernhard |last4=Kessler |first4=Sarah |last5=Merced |first5=Michael J. de la |last6=Hirsch |first6=Lauren |last7=Livni |first7=Ephrat |title=Law Firms Warn Universities About Antisemitism on Campus |url=https://www.nytimes.com/2023/11/02/business/dealbook/law-firms-schools-antisemitism.html |access-date=2 November 2023 |work=The New York Times |date=2 November 2023}}</ref>

== Organization ==
⚫
McDermott has more than 1,177 lawyers across 23 offices in the United States, Europe, and Asia.<ref>{{Cite web |title=McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices |url=https://www.law.com/international-edition/2023/02/24/mcdermott-sees-9-revenue-pep-growth-with-recession-resistant-practices-378-216527/ |access-date=2023-02-27 |website=Law.com International |language=en-us}}</ref> It has a strategic alliance with MWE China Law Offices in Shanghai, China.<ref>{{cite web |title=MWE China Law Offices Opens in Shanghai |url=http://www.mwechinalaw.com/news/2007/shanghaiopening.html |url-status=dead |archive-url=https://web.archive.org/web/20070623180803/http://www.mwechinalaw.com/news/2007/shanghaiopening.html |archive-date=2007-06-23 |work=mwechinalaw.com}}</ref>

The firm consists of multiple legal entities that are coordinated through [[Service Agreement|service agreements]]:<ref name="mwe-disclaimer" />


* McDermott Will & Emery LLP – based in [[Illinois|Illinois, U.S.]], with other offices throughout the country and a foreign office in South Korea
==Locations==
* McDermott Will & Emery AARPI{{efn|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.<ref>Barreau de Paris (28 March 2017). [http://www.avocatparis.org/lassociation-davocats-responsabilite-professionnelle-individuelle-aarpi "L'Association d'Avocats à Responsabilité Professionnelle Individuelle"]. Avocatparis.org. Retrieved 10 January 2019 {{in lang|fr}}.</ref>}} – France
McDermott has 22 offices in the United States, Europe, and Asia/Pacific. It has a strategic alliance with MWE China Law Offices<ref>{{cite web|url=http://www.mwechinalaw.com/news/2007/shanghaiopening.html|title=MWE China Law Offices Opens in Shanghai|work=mwechinalaw.com|url-status=dead|archive-url=https://web.archive.org/web/20070623180803/http://www.mwechinalaw.com/news/2007/shanghaiopening.html|archive-date=2007-06-23}}</ref> in Shanghai, China.
* McDermott Will & Emery Belgium LLP – based in [[Delaware|Delaware, U.S.]], with offices in Belgium
* McDermott Will & Emery [[Rechtsanwalt|Rechtsanwälte]] [[Steuerberater]] LLP – based in Delaware, U.S., with offices in Germany
* McDermott Will & Emery Studio Legale Associato{{efn|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.<ref>Cassano, Giuseppe (2012). [https://books.google.com/books?id=IPc6fqXncHAC&pg=PA80 ''La responsabilità civile'']. p. 80. Giuffrè Editore. {{ISBN|8814164843}} {{in lang|it}}</ref>}} – Italy
* McDermott Will & Emery UK LLP – United Kingdom


==Recognition and rankings==
==Recognition and rankings==
⚫
*In 2010, recognized by ''The Chambers Global Guide'' for excellence in numerous practice areas; several McDermott lawyers were ranked as leaders in their field.<ref name="chambersandpartners.com">{{cite web|url=http://www.chambersandpartners.com/Global/Firms/4384-34953|title=''The Chambers Global Guide 2010''}}</ref>
*Named one of the top 15 defense litigation law firms in the United States by The National Law Journal on its annual Defense Hot List.<ref>''Defense Hot List'', ''The National Law Journal''. 2006.</ref>
⚫
*In 2009, the [[Human Rights Campaign]] named McDermott Will & Emery as one of the record numbers of US companies earning the top rating of 100 percent in its annual Corporate Equality Index.<ref>{{cite web|url=http://www.hrc.org/documents/HRC_Corporate_Equality_Index_2009.pdf|title=HRC 2009 Corporate Equality Index|work=hrc.org|url-status=dead|archive-url=https://web.archive.org/web/20090326233355/http://www.hrc.org/documents/HRC_Corporate_Equality_Index_2009.pdf|archive-date=2009-03-26}}</ref>
*Ranked among the top 10 law firms singled out by corporate counsel as driving innovative changes in the legal services marketplace.<ref>''BTI Market Movers: Law Firms Shaping the Legal Market'' BTI Consulting Group. 2006.</ref>
⚫
*For the third quarter of 2008, McDermott's [[Mergermarket]] rankings included the top 20 for the number of US buyouts, the top 10 for the number of US-Midwest region deals, and the top 10 by the value of deals in Swedish M&A. According to Mergerstat, McDermott ranked in the top 20 for US-announced deals and among the top for US middle market advisors and US private equity advisors based on both value and number of deals.<ref>{{cite web|url=http://www.mergermarket.com/services/league_profiles/|title=Mergermarket league tables & profiles|work=Mergermarket}}</ref><ref>{{cite web |url=https://www.mergerstat.com/newsite/ |title=FactSet Mergerstat LLC, Home Page |access-date=2009-04-09 |url-status=dead |archive-url=https://web.archive.org/web/20070630142019/https://www.mergerstat.com/newsite/ |archive-date=2007-06-30 }}</ref>
⚫
*Recognized as one of the top 10 law firms representing the growing healthcare industry in the United States.<ref>Analysis of lawsuits brought by or against the 250 largest publicly traded health care companies in 2005. Health Law360.</ref>
*In 2006, ''[[The National Law Journal]]'' named McDermott one of the top 15 defense litigation law firms in the United States on its annual Defense Hot List.<ref>''Defense Hot List'', ''The National Law Journal''. 2006.</ref> Also in 2006, the firm was named one of the top 10 law firms on BTI Consulting Group's Market Movers list.<ref>''BTI Market Movers: Law Firms Shaping the Legal Market'' BTI Consulting Group. 2006.</ref>
⚫
*Recognized by ''The Chambers Global Guide'' for excellence in numerous practice areas; several McDermott lawyers were ranked as leaders in their field.<ref name="chambersandpartners.com">{{cite web|url=http://www.chambersandpartners.com/Global/Firms/4384-34953|title=''The Chambers Global Guide 2010''}}</ref>
⚫
*In 2005, the firm was named one of the top 10 law firms representing the growing healthcare industry in the United States.<ref>Analysis of lawsuits brought by or against the 250 largest publicly traded health care companies in 2005. Health Law360.</ref>
⚫
*The [[Human Rights Campaign]] (HRC) named McDermott Will & Emery as one of the record numbers of US companies earning the top rating of 100 percent in its annual Corporate Equality Index.<ref>{{cite web|url=http://www.hrc.org/documents/HRC_Corporate_Equality_Index_2009.pdf|title=HRC 2009 Corporate Equality Index|work=hrc.org|url-status=dead|archive-url=https://web.archive.org/web/20090326233355/http://www.hrc.org/documents/HRC_Corporate_Equality_Index_2009.pdf|archive-date=2009-03-26}}</ref>
⚫
*For the third quarter of 2008, McDermott's mergermarket rankings included the top 20 for the number of US buyouts, the top 10 for the number of US-Midwest region deals, and the top 10 by the value of deals in Swedish M&A. According to Mergerstat, McDermott ranked in the top 20 for US-announced deals and among the top for US middle market advisors and US private equity advisors based on both value and number of deals.<ref>{{cite web|url=http://www.mergermarket.com/services/league_profiles/|title=Mergermarket league tables & profiles|work=Mergermarket}}</ref><ref>{{cite web |url=https://www.mergerstat.com/newsite/ |title=FactSet Mergerstat LLC, Home Page |access-date=2009-04-09 |url-status=dead |archive-url=https://web.archive.org/web/20070630142019/https://www.mergerstat.com/newsite/ |archive-date=2007-06-30 }}</ref>


==Notable alumni==
==Notable alumni==
Line 73: Line 61:
* [[Larry Ribstein]], law professor and author
* [[Larry Ribstein]], law professor and author
* [[Andrew Sherman]], corporate and transactional lawyer and author and senior partner at [[Seyfarth Shaw]]
* [[Andrew Sherman]], corporate and transactional lawyer and author and senior partner at [[Seyfarth Shaw]]
* [[Bryan Steil]], member of the [[Republican Party (United States)|Republican party]] who serves as the [[U.S. representative|US representative]] for [[Wisconsin's 1st congressional district]]
* [[Bryan Steil]], member of the [[Republican Party (United States)|Republican party]] who serves as the [[U.S. representative]] for [[Wisconsin's 1st congressional district]]
* [[Bill Weld]], former [[governor of Massachusetts]]
* [[Bill Weld]], former [[governor of Massachusetts]]
* [[Michael Wilder]], American chess grandmaster
* [[Michael Wilder]], American chess grandmaster

Revision as of 16:44, 9 February 2024

McDermott Will & Emery
HeadquartersRiver Point
Chicago, Illinois
No. of offices23
No. of attorneys1177
No. of employees2,300+
Major practice areasGeneral practice
RevenueIncrease $1.82 billion USD (2022) [1]
Profit per equity partnerIncrease $3.32 million USD (2022) [1]
Date foundedFebruary 2, 1934
Founder
  • Edward H. McDermott
  • William M. Emery
Company typemultiple legal entities, primarily limited liability partnerships, coordinated through service agreements[2]
Websitemwe.com

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.

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 150 lawyers. Over the ensuing 20 years, the firm grew; in 2004, McDermott numbered over 1,000 lawyers.[4][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 who sent a letter to top law school deans warning them that an escalation in incidents targeting Jewish students would have corporate hiring consequences. The letter said "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."[5]

Organization

McDermott has more than 1,177 lawyers across 23 offices in the United States, Europe, and Asia.[6] It has a strategic alliance with MWE China Law Offices in Shanghai, China.[7]

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

  • McDermott Will & Emery LLP – based in Illinois, U.S., with other offices throughout the country and a foreign office in South Korea
  • McDermott Will & Emery AARPI[a] – France
  • McDermott Will & Emery Belgium LLP – based in Delaware, U.S., with offices in Belgium
  • McDermott Will & Emery Rechtsanwälte Steuerberater LLP – based in Delaware, U.S., with offices in Germany
  • McDermott Will & Emery Studio Legale Associato[b] – Italy
  • McDermott Will & Emery UK LLP – United Kingdom

Recognition and rankings

  • In 2010, recognized by The Chambers Global Guide for excellence in numerous practice areas; several McDermott lawyers were ranked as leaders in their field.[10]
  • In 2009, the Human Rights Campaign named McDermott Will & Emery as one of the record numbers of US companies earning the top rating of 100 percent in its annual Corporate Equality Index.[11]
  • For the third quarter of 2008, McDermott's Mergermarket rankings included the top 20 for the number of US buyouts, the top 10 for the number of US-Midwest region deals, and the top 10 by the value of deals in Swedish M&A. According to Mergerstat, McDermott ranked in the top 20 for US-announced deals and among the top for US middle market advisors and US private equity advisors based on both value and number of deals.[12][13]
  • In 2006, The National Law Journal named McDermott one of the top 15 defense litigation law firms in the United States on its annual Defense Hot List.[14] Also in 2006, the firm was named one of the top 10 law firms on BTI Consulting Group's Market Movers list.[15]
  • In 2005, the firm was named one of the top 10 law firms representing the growing healthcare industry in the United States.[16]

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.[8]
  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.[9]

References

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

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=McDermott_Will_%26_Emery&oldid=1205423375"