BOSTON (June 14, 2011) — Following a period of extraordinary activity, McDermott Will & Emery’s Health Industry Advisory Practice Group is delighted to have been named a Tier 1 practice by both of the legal industry’s top directory services, Chambers USA and The Legal 500 USA.
Importantly, McDermott’s Health Industry Advisory Practice maintained its position as the only firm to receive a national Tier 1 ranking in the 2011 Chambers USA Guide: America's Leading Lawyers for Business. Chambers noted that "The firm has attorneys skilled across the full gamut of transactional, regulatory and litigation work, making it an undisputed leader in the nationwide healthcare arena." Additionally, McDermott was specifically recognized for exceptional client services and industry knowledge. One firm client noted that, "As a client, I really value that it [McDermott] hosts a range of educational programs that I can attend," and "the lawyers truly understand our business and know how market changes will affect us."
The Chambers recognition, combined with the earlier rankings from The Legal 500 USA, where McDermott also earned a Tier 1 ranking in Health, demonstrates the Firm’s undisputed leadership in the health law marketplace. “McDermott’s healthcare team maintains its preeminent standing, leading the way in terms of size, geographic coverage, clients and reputations. It is known for its prominence in cutting-edge healthcare work in regulatory, contentious and transactional matters,” Chambers USA 2011 noted.
The firm was also recognized for its work in the Privacy & Data Security: Healthcare area where Chambers stated, “This team [McDermott] is renowned for its privacy expertise within the healthcare sector. In addition to HIPAA and HITECH compliance, it advises clients on data security breaches and cross-border data flows. As the group favors a multidisciplinary approach, it includes attorneys from several practice areas such as employment and IP.”
McDermott’s 85+ lawyer health law practice, the largest in the nation, counsels leading organizations in every major health care and life sciences sector on transactional, regulatory and dispute resolution matters.
“These recent accolades reflect not only McDermott’s continued pre-eminence in health law, but also our commitment to helping all health industry players navigate the historic changes now transforming the nation’s health care system,” said Stephen W. Bernstein, partner and head of McDermott’s Health Industry Advisory Practice Group. "We are proud that we are seen as the ‘go-to’ law firm when high-stakes transactions and disputes demand best-in-class solutions.”
In addition, Chambers USA 2011 ranked McDermott’s Health Industry Advisory Practice Group in Tier 1 in California, Florida, Illinois, Massachusetts and Washington, D.C. Moreover, the Firm and Stephan Rau also achieved a Tier 1 ranking in the Germany section of the 2011 edition of Chambers Europe where, for the first time, Healthcare was evaluated as an individual practice area. McDermott was ranked first for healthcare in Germany in Chambers Europe among 17 law firms across four tiers as a result of clients agreeing that “this firm is exceptionally strong in this area.”
Key initiatives launched by the McDermott Health team this year included:
- Serving as counsel for nearly two-thirds of the 100 Top Hospitals as ranked by Modern Healthcare and Thomson Reuters.
- Advising on Vanguard Health Systems’ acquisition of substantially all of the assets of the Detroit Medical Center – the largest hospital M&A deal in the United States in 2010.
- Serving as a provider of business and legal curriculum relating to healthcare for thousands of participants annually. One of McDermott’s numerous program offerings included a five-part complimentary webcast series, “Providing Accountable Care: Strategy & Structure,” which drew hundreds nationally to each webcast.
- Organizing the annual Healthcare Services Private Equity Symposium, the premier conference and networking event addressing critical business and legal issues specific to healthcare services private equity transactions. This event attracts almost 300 participants.
- Authoring the definitive white paper on the proposed draft rules governing Accountable Care Organizations to help bring clarity to an integral component of health care reform.
As one of the largest and most prestigious health law practices in the world, McDermott’s international health law team is resident in the Boston, Chicago, Los Angeles, Miami, Munich, New York, Rome, Silicon Valley and Washington, DC offices. This global prominence places McDermott at the center of major health sector legal and business developments worldwide. In the U.S., the Firm advised on many of the congressional inquiries and topics ultimately incorporated into the Patient Protection and Affordable Care Act’s overhaul of the nation’s health care system. The Firm’s international health law presence in such key European centers as Munich and Rome is unprecedented among American law firms. Multijurisdictional health regulatory experience in such issues as the marketing of pharmaceuticals and medical devices, the licensing of health care providers and the design and implementation of international clinical trials further demonstrates the breadth of the Firm’s global practice. The McDermott Health way is a commitment to provide clients access to experienced practitioners who offer practical advice.
About McDermott Will & Emery
McDermott Will & Emery is a leading international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dusseldorf, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Silicon Valley and Washington D.C., as well as a strategic alliance with MWE China Law Offices in Shanghai.