McCarthy Tétrault

McCarthy Tetrault LLP
Headquarters Toronto, Ontario, Canada
No. of attorneys 602 (2017)[1]
Revenue USD 460,976,000 (2017)[2]
Profit per equity partner USD 768,000 (2017)[3]
Date founded 1855
Website mccarthy.ca

McCarthy Tétrault LLP is a Canadian law firm that delivers integrated business law, litigation services, tax law, real property law, labour and employment law nationally and globally through offices in Vancouver, Calgary, Toronto, Montréal, Québec City, London (UK), as well as New York City.[4] It is one of the Seven Sisters (law firms) in Canada.[5]

According to The American Lawyer 2018 Global 100 ranking by revenue, McCarthy placed 93rd worldwide and 3rd in Canada with revenues of USD 460,976,000 in 2017.[6] McCarthy is also the third most profitable law firm in Canada with profit per equity partner of USD 768,000 in 2017.[7] It has the second strongest law firm brand in Canada according to the 2018 Acritas survey.[8][9][10]

The firm represents Canadian and international clients, including major public institutions, financial services organizations, mining companies, manufacturers, pharmaceutical companies and other corporations.

McCarthy Tétrault’s London office specializes in assisting clients with their transatlantic transactions, and is staffed with both English and Canadian-qualified lawyers.[11] A charter member of the Canada-UK Chamber of Commerce,[12] it provides services in Europe, Africa and the Middle East.

History

McCarthy Tétrault was created through the merger of several firms: McCarthy & McCarthy of Toronto, Clarkson Tétrault of Montreal, Shrum Liddle & Hebenton of Vancouver, and Black & Company of Calgary.[13] This merger was initially denied by the Law Society of Alberta, which enacted rules designed to stop it. The rules prohibited members from entering into a partnership with anyone who was not a resident of Alberta, and prohibited members from being partners of more than one firm. This rule was challenged as being contrary to the mobility rights protected by the Charter of Rights and Freedoms. In the resulting court case, Black v. Law Society of Alberta,[14] the Supreme Court of Canada struck down the rules. The subsequent merger made McCarthy Tétrault Canada's first national law firm.[15] In 2010 Diane LaCalamita, a former lawyer at McCarthy Tétrault, sued them for discrimination on the grounds that she did not get a deserved promotion due to sexism.[16] The case has since been settled.

Notable alumni

References

  1. "The 2018 Global 100 Ranked by Revenue".
  2. "The 2018 Global 100 Ranked by Revenue".
  3. "The 2018 Global 100 Ranked by Profits per Equity Partner".
  4. "Offices | McCarthy Tétrault". www.mccarthy.ca. Retrieved 2018-08-25.
  5. "Drew Hasselback: 'Seven sisters' no longer rule the Bay Street roost". Financial Post. 2014-03-28. Retrieved 2018-08-25.
  6. "The 2018 Global 100 Ranked by Revenue".
  7. "The 2018 Global 100 Ranked by Profits per Equity Partner".
  8. "The Global 100 Grew by Leaps and Bounds in 2018".
  9. "Canadian Firms Still Favored in Canada but Global Firms Gain Ground".
  10. "Canada Brand Indexes 2018".
  11. "People | McCarthy Tétrault". www.mccarthy.ca. Retrieved 2018-08-25.
  12. "London, UK | McCarthy Tétrault". www.mccarthy.ca. Retrieved 2018-08-25.
  13. "Introduction to McCarthy Tetrault" (PDF). Christoper Moore. Retrieved 6 September 2016.
  14. "Black v. Law Society of Alberta". The David Asper Centre for Constitutional Rights. Retrieved 6 September 2016.
  15. "Law Firm Rankings and Analysis". LMG Life Sciences. Retrieved 6 September 2016.
  16. "Real Pleadings: Did Canadian Law Firm Discriminate Against a Female Partner?". Law of Work. Retrieved 6 September 2016.
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