Citywealth Names McDermott “International Law Firm of the Year – USA”
LONDON (May 18, 2016) – McDermott Will & Emery has been named “International Law Firm of the Year – USA’ at the annual Citywealth Magic Circle Awards held in London last week. The Awards, now in their eleventh year, recognize the best wealth managers and advisors in the global private wealth industry.
A total of 39 companies and individuals have been selected for their performance, by more than 12,000 public votes and 10 industry judges.
“We are delighted to receive this recognition,” said Carol Harrington, partner and global head of McDermott’s Private Client Practice Group. “Although we pride ourselves on being one of premier Private Client practices in the world, we never cease in our efforts to bring even more value and commitment to our clients. We have continued to grow our London practice which has established an outstanding reputation in that strategic market for international private client work. It is very gratifying to see that our efforts have been recognized by our clients, the public and the judges.”
This award also coincides with the Firm moving up to a top ranking position for its international Private Client practice in Chambers Global 2016. The recently released guide placed McDermott in its Band 1 category globally, confirming the Firm’s strong position among an international elite of top advisers to High and Ultra High-Net-Worth individuals.
McDermott’s Private Client practice comprises more than 75 lawyers and 30 non-lawyer professionals. It has been recognized as the leading private client practice in the United States and worldwide, operating out of offices in Chicago, London, Los Angeles, Munich, New York, Paris, Rome, Shanghai and Washington DC. Year after year, it has been singled out by leading industry publications for the quality of its service and the sophistication of its counsel.
A key strength is McDermott’s transatlantic private client capability all within one Firm. McDermott was one of the first US law firms with a dedicated private client practice to establish a London team. We are now the only US firm with a significant private client team in London with seven partners, two senior counsel and six associates. The team is known for its deep understanding of, and capability in, wealth management with a US element, and expertise in US tax laws both in the UK and through our US offices.
Citywealth was founded in 2005 with the purpose of bringing together Ultra High-Net-Worth clients and their advisers and managers working in the private wealth sector. Citywealth achieves this by a mixture of publications, events and networking groups which bring together different segments of the market to develop contacts, build business and raise standards in the sector.
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, DC. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.