""McDermott Will & Schulte has made the difficult decision to separate from a small number of associates across the firm as we continue to align with shifting client needs.""
""We are grateful to the associates who are departing; their work has made a meaningful impact on our clients and the firm.""
""As markets evolve, we remain focused on the areas where we lead, making disciplined decisions about how we invest and grow so we can stay at the forefront and help our clients do the same.""
McDermott Will & Schulte, formed from a merger, is experiencing layoffs across various practice areas, with legacy Schulte associates reportedly impacted the most. The firm stated that the layoffs are part of aligning with shifting client needs and emphasized gratitude for the departing associates' contributions. The firm aims to focus on areas of leadership and make disciplined decisions for growth in evolving markets. The layoffs extend beyond the New York office, indicating broader challenges within the firm.
Read at Above the Law
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