Merger Momentum in New York: What’s Next for Legacy Firms?
As seen in The American Lawyer
The proposed merger between McDermott Will & Emery and Schulte Roth & Zabel is the latest in a series of high-profile moves reshaping New York’s legal landscape. In The American Lawyer, reporter Patrick Smith explores what’s driving this activity - and what it might signal for other legacy firms navigating a rapidly shifting market.
Jon Truster, a Partner in our New York office, offers insight on the strategic rationale behind the McDermott/Schulte deal:
“The McDermott/Schulte merger looks positive. Conflicts look minimal, but I think it is the cultures of those firms, at least in their New York offices, that are similar. And with 550 lawyers in New York, that firm will be on the map.”
Read the full article here by Patrick Smith for The American Lawyer here.
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For more insights connect with Jon Truster or reach out to our team at Macrae.