Best Law Firms in Illinois for Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law

McDermott Will & Schulte is an international law firm serving businesses, institutions and individuals across a wide range of legal matters. With offices throughout the United States and Europe, including Chicago, New York, London, Paris, Frankfurt and Washington, D.C., the firm advises clients on complex transactions, regulatory concerns, litigation and industry-specific challenges. Since first earning attorney recognition in 1983, the firm has continued to build a broad legal practice shaped by changing markets and evolving client needs.

The firm is known for its work in corporate law, mergers and acquisitions, banking and finance, tax law, health care law, intellectual property and high-stakes litigation. Its attorneys also counsel clients in emerging areas such as artificial intelligence law, fintech, privacy and data security, biotechnology and life sciences. McDermott Will & Schulte represents clients ranging from growing companies to multinational organizations, helping them navigate business decisions, disputes and regulatory matters with practical legal guidance.

McDermott Will & Schulte has earned recognition across numerous practice areas in Best Law Firms rankings, including bankruptcy and restructuring, employment law, real estate law, securities regulation, patent law, antitrust law and international trade and finance law. The firm also has 357 lawyers recognized by Best Lawyers, reflecting peer-reviewed acknowledgment across a broad range of legal disciplines.

Clients turn to McDermott Will & Schulte for counsel that is strategic, business-minded and tailored to the industries they serve. Whether handling cross-border transactions, intellectual property disputes, health care compliance or complex commercial litigation, the firm focuses on delivering clear legal solutions that align with each client’s long-term objectives.

At Taft, we work together across offices and practice areas to help clients address legal and business challenges efficiently and strategically. Our attorneys focus on practical solutions designed to support clients’ goals, whether they are managing day-to-day operations, navigating complex transactions, or resolving disputes.

With more than 1,100 attorneys, Taft serves clients from offices in Chicago, Illinois; Cincinnati, Cleveland, Columbus, Dayton, and Delaware, Ohio; Aspen, Denver, and Colorado Springs, Colorado; Detroit and Southfield, Michigan; Minneapolis, Minnesota; Indianapolis, Indiana; Covington, Kentucky; Phoenix, Arizona; Stuart and West Palm Beach, Florida; and Washington, D.C.

Taft represents individuals, privately held businesses, public companies, nonprofits, and institutions across established and emerging industries throughout the United States and internationally.

The firm advises clients in a broad range of practice areas, including:

• Business
• Bankruptcy and Restructuring
• Employment and Labor Relations
• Energy
• Environmental
• Health Care
• Intellectual Property
• Lending and Finance
• Litigation
• Private Client
• Real Estate
• Tax

Since 1885, Taft has remained focused on delivering responsive legal counsel and client service tailored to the needs of businesses, organizations, and individuals.

Affiliated Businesses

Taft attorneys regularly collaborate with affiliated businesses to provide clients with additional consulting and advisory services in a variety of industries and operational areas. These affiliated businesses include:

• Ginovus
• Taft Advisors LLC
• Taft Business Consulting
• Taft Infrastructure Advisors

Through these organizations, clients have access to consulting services related to planning, forecasting, government relations, infrastructure, and public policy matters.

Awards and Honors

Taft and its attorneys have received recognition from legal industry publications and ranking organizations, including:

Main Areas of Practice:

Business: Taft represents public, private, and nonprofit clients in industries including banking, construction, finance, health care, insurance, manufacturing, private equity, real estate, retail, transportation, and utilities. The firm advises clients ranging from emerging businesses to Fortune 500 companies on local, national, and cross-border matters.

Bankruptcy and Restructuring: The firm represents debtors, lenders, creditors’ committees, trustees, suppliers, developers, landlords, buyers, sellers, and other parties in restructuring matters, insolvency proceedings, transactions, and related litigation across multiple industries.

Employment and Labor Relations: Taft advises employers on labor and employment matters, including workplace policies, litigation, labor relations, employee benefits and ERISA compliance, workplace safety, immigration matters, and workers’ compensation issues.

Energy: The firm represents energy providers, utilities, developers, independent power producers, transmission companies, and other participants in the energy sector on regulatory, transactional, and operational matters.

Environmental: Taft handles environmental litigation, regulatory compliance, enforcement matters, environmental due diligence, toxic tort claims, Superfund matters, Brownfields redevelopment, and administrative proceedings before state and federal agencies.

Health Care: The firm advises hospitals, physicians, health systems, research institutions, and medical device, biotechnology, and pharmaceutical companies on business, regulatory, reimbursement, litigation, employment, and compliance matters.

Intellectual Property: Taft counsels clients on patents, trademarks, copyrights, trade secrets, licensing, and intellectual property litigation, including matters involving pharmaceuticals, life sciences, software, and internet-related technologies.

Lending and Finance: The firm represents lenders and borrowers in a wide range of financing transactions, including asset-based lending, acquisition finance, mezzanine financing, real estate finance, equipment leasing, regulatory compliance, and consumer financial services matters.

Litigation: Taft represents clients in state and federal courts, arbitration proceedings, and regulatory matters involving commercial disputes, antitrust, bankruptcy, construction, environmental claims, intellectual property, securities, product liability, white collar defense, and other complex litigation matters.

Private Client: The firm advises individuals, families, and business owners on estate planning, wealth transfer strategies, succession planning, trusts and estates, charitable planning, and tax-related matters.

Real Estate: Taft represents clients in matters involving acquisitions, dispositions, financing, leasing, development, land use, construction, property management, and real estate litigation.

Tax: The firm advises corporations, financial institutions, nonprofit organizations, joint ventures, and individuals on tax planning, employee benefits, executive compensation, mergers and acquisitions, international tax matters, state and local taxation, and tax controversy matters.