Key Takeaways
- • McDermott Will & Schulte LLP has hired a private equity attorney from Weil Gotshal & Manges to serve as co-head of its global private equity group, effective July 2026.
- • The hire aligns with McDermott's strategic expansion into its newly constructed state-of-the-art midtown Manhattan office, signaling investment in PE practice capabilities and geographic presence.
- • The recruitment of a Weil-trained dealmaker underscores competitive positioning among major law firms in the high-margin private equity advisory market.
Summary
McDermott Will & Schulte LLP announced on July 13, 2026, that it has recruited a private equity specialist from Weil Gotshal & Manges to co-lead its global private equity practice group. The move represents a strategic leadership addition designed to strengthen the firm's PE capabilities and enhance its competitive footprint in the institutional investment advisory space.
The hire is strategically timed with McDermott's relocation to a new state-of-the-art office in midtown Manhattan, reflecting the firm's broader capital deployment strategy for its private equity practice. By recruiting an established dealmaker from Weil—a premier AmLaw firm with deep PE expertise—McDermott is signaling commitment to elevated service delivery and expanded transactional capacity for its institutional client base, including alternative investment firms and family offices.
The co-head appointment addresses market demand among sophisticated investors for specialized legal counsel on fund formation, portfolio company acquisitions, and fund exits. This type of lateral hire demonstrates ongoing competition among elite law firms for marquee talent in the private equity space, where advisory relationships frequently translate to sustained client engagement across multiple deal cycles.
The hire is strategically timed with McDermott's relocation to a new state-of-the-art office in midtown Manhattan, reflecting the firm's broader capital deployment strategy for its private equity practice. By recruiting an established dealmaker from Weil—a premier AmLaw firm with deep PE expertise—McDermott is signaling commitment to elevated service delivery and expanded transactional capacity for its institutional client base, including alternative investment firms and family offices.
The co-head appointment addresses market demand among sophisticated investors for specialized legal counsel on fund formation, portfolio company acquisitions, and fund exits. This type of lateral hire demonstrates ongoing competition among elite law firms for marquee talent in the private equity space, where advisory relationships frequently translate to sustained client engagement across multiple deal cycles.
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