What's Happening?
McDermott Will & Schulte has announced a record number of partner promotions following its recent merger. The firm has promoted 74 attorneys to partner and 13 to counsel, marking a 32% increase over the previous combined promotion rounds of the legacy
firms, McDermott Will & Emery and Schulte Roth & Zabel. This significant increase in promotions reflects the firm's growth and strategic expansion post-merger, aiming to strengthen its position in the legal industry.
Why It's Important?
The record number of promotions at McDermott Will & Schulte underscores the firm's commitment to growth and development following its merger. This move is likely to enhance the firm's capabilities and competitive edge in the legal market, potentially attracting more clients and high-profile cases. The increase in partner ranks also suggests a focus on internal talent development and retention, which could lead to improved service offerings and client satisfaction. As the legal industry continues to evolve, firms that successfully integrate and expand their talent pool may gain a strategic advantage.
