McDermott Will & Schulte LLP

McDermott Will and Schulte represents one of the most significant law firm mergers in recent memory, and the combined platform is a powerhouse. Effective August 2025, McDermott Will and Emery merged with Schulte Roth and Zabel to form McDermott Will and Schulte, a firm with approximately 1,680 attorneys, revenues approaching $3 billion, and a fully integrated offering across healthcare, tax, private capital, litigation, and regulatory services.

McDermott's healthcare practice has long been considered the best in the industry, and the Schulte merger added top-tier capabilities in investment funds, financial services regulation, and mid-market private equity. The combined firm now offers an unmatched depth in tax advisory, fund formation, and complex transactional work. For students interested in healthcare law, private equity, or tax, there is simply no better platform to launch a career.

The culture is entrepreneurial and collaborative, with a strong Chicago heritage that values teamwork and accessibility. The merger integrated Schulte partners into key leadership roles across management, executive, and compensation committees, signaling a true combination of cultures rather than an acquisition. Associates benefit from a firm that is actively growing and creating new practice synergies.

The summer program runs a free-market system with approximately 60 summers and a 2,000-hour billable target. PPP is approximately $2.8 million. McDermott Will and Schulte recruits from top law schools nationwide, with particular strength in the Midwest and Northeast. Candidates who can articulate genuine interest in healthcare, tax, or private capital will stand out in the recruiting process.