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McDermott’s $2.8bn merger: ‘London needs to be a core part of the strategy’

McDermott Will & Schulte's bosses say that London is key to growth

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Newly merged law firm McDermott Will & Schulte is targeting double-digit revenue growth in London and bolstering its team with lateral hires, its bosses have told 

Chicago-headquartered McDermott Will & Emery and New York-based Schulte Roth & Zabel completed their merger on 1 August, creating a firm with $2.8bn in combined revenue. The new firm has more than 1,750 lawyers in 20 offices globally, including more than 100 in London. 

McDermott hopes the merger will boost its scale in London as it continues its hiring spree

Zoe Hu

Investing

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