Ed. note: Welcome to our daily feature, Quote of the Day.
We really have had no departures that were related to the merger. Any departures either firm has seen are just normal attrition in [Biglaw].
Recruiters use that as an opportunity to shake people loose, which is part of their business. If they are good at it, they try to create action. But nothing happened, which bodes well for the merger and how positive the partnership feels about it.
— Ira Coleman, chair of McDermott Will & Emery, in comments given to the American Lawyer, concerning attrition ahead of the firm’s merger with Schulte Roth & Zabel, which is expected to close on August 1. Leaders of both firms are still working out the details on who will head up McDermott Will & Schulte and where all of its lawyers will work in Manhattan.
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
The post Biglaw Leader Says There Were Almost No Merger-Related Departures Ahead Of Two Elite Firms Becoming One appeared first on Above the Law.
Ed. note: Welcome to our daily feature, Quote of the Day.
We really have had no departures that were related to the merger. Any departures either firm has seen are just normal attrition in [Biglaw].
Recruiters use that as an opportunity to shake people loose, which is part of their business. If they are good at it, they try to create action. But nothing happened, which bodes well for the merger and how positive the partnership feels about it.
— Ira Coleman, chair of McDermott Will & Emery, in comments given to the American Lawyer, concerning attrition ahead of the firm’s merger with Schulte Roth & Zabel, which is expected to close on August 1. Leaders of both firms are still working out the details on who will head up McDermott Will & Schulte and where all of its lawyers will work in Manhattan.
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
The post Biglaw Leader Says There Were Almost No Merger-Related Departures Ahead Of Two Elite Firms Becoming One appeared first on Above the Law.
