PRESS RELEASE
6 August 2025

Top Law Firms Finalize Merger, Debut McDermott Will & Schulte As New Legal Powerhouse

SR
Schulte Roth & Zabel LLP

Contributor

With a firm focus on private capital, Schulte Roth & Zabel comprises legal advisers and commercial problem-solvers who combine exceptional experience, industry insight, integrated intelligence and commercial creativity to help clients raise and invest assets and protect and expand their businesses.
Effective August 1, leading international law firms McDermott Will & Emery and Schulte Roth & Zabel are proud to announce the successful completion of their merger...
United States

Effective August 1, leading international law firms McDermott Will & Emery and Schulte Roth & Zabel are proud to announce the successful completion of their merger, officially launching McDermott Will & Schulte.

This transformational combination brings together McDermott’s industry-leading momentum with Schulte’s renowned leadership in private capital. United by a shared commitment to excellence, innovation, and client service, the new firm emerges as one of the elite global legal powerhouses with over 1,750 attorneys across 20+ offices worldwide.

With $3 billion in revenue and a fully integrated platform across healthcare, tax, private capital, litigation, regulatory, and private client services, McDermott Will & Schulte brings the breadth, expertise, and agility required in today’s complex global market.

“This merger is more than a collaboration—we’re setting a new standard for excellence in our profession,” said Ira Coleman, Chairman of McDermott Will & Schulte. “From serving as indispensable partners to our clients to fostering a people-first culture and driving innovation, we’re challenging conventional models and building a firm for the future.”

This combination also marks a first in the legal industry, not only in scale, but in the strength, success, and speed with which the two firms have united. Driven by shared ambition, purpose, and vision, McDermott and Schulte are poised to redefine what’s possible for clients across sectors and geographies.

Leadership from both legacy firms will shape the future of the combined organization. Schulte partners will assume key roles across the Management, Executive, and Compensation Committees and will serve as co-leads for the firm’s New York and London offices.

“At Schulte Roth & Zabel, we’ve always embraced forward-thinking legal strategies,” said Marc Elovitz and David Efron, Schulte Co-Managing Partners. “Combining with McDermott empowers us to broaden our impact, deliver unmatched value, and redefine what clients can expect from their legal partners. We’re excited to chart this future together.”

Contributor

With a firm focus on private capital, Schulte Roth & Zabel comprises legal advisers and commercial problem-solvers who combine exceptional experience, industry insight, integrated intelligence and commercial creativity to help clients raise and invest assets and protect and expand their businesses.

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