Proposed Biglaw Merger Will Create New Top 20 Am Law Firm, New Top New York Firm - Above the Law
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Proposed Biglaw Merger Will Create New Top 20 Am Law Firm, New Top New York Firm - Above the Law
""We're just, you know, taxiing down the runway. So much to do. We're gonna try to build the plane while we're flying in, and we will never let this affect our client service.""
"The merged firm would have more than 1,650 lawyers and a combined revenue of more than $2.8 billion, likely landing it in the Am Law Top 20."
McDermott Will & Emery and Schulte Roth & Zabel have entered into merger talks, aiming to create a powerhouse firm with over 1,650 lawyers and a collective revenue exceeding $2.8 billion. This merger, awaiting partner approval in 90 days, is anticipated to position the new firm among the Am Law Top 20. It will also establish one of the largest law offices in Manhattan, with a headcount exceeding 540 lawyers, therefore rivaling prominent Wall Street firms. Both firms' leaders express confidence in a smooth outcome as they move forward with plans.
Read at Above the Law
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