McDermott Will & Emery and Schulte Roth & Zabel have announced that they are engaged in merger discussions, aiming to form a combined entity that would generate more than $2.8 billion in revenue. This merger would position the new firm within the top 20 of the Am Law 100, boasting over 1,650 lawyers. As per their joint statement, both firms expect to finalize this merger in the upcoming months, promising to disclose further details soon. This strategic move highlights a trend where law firms are seeking mergers to expand their capabilities and market reach.
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