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Wm. Shaw McDermott
Partner
Boston
+1.617.261.3120
Fax
+1.617.261.3175
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Publications
Hedge Fund Compliance Hot Topics Workshop: New SEC Regulatory and Enforcement Environment
presented by Glasser LegalWorks
Presentations
October 1, 2004
Silicon Graphics
and Scienter: The Saga Continues
Securities Enforcement & Litigation Update
Alerts/Updates
Fall 1997
The Road to Securities Litigation Reform and the Law of Unwanted Consequences
Securities Enforcement & Litigation Update
Alerts/Updates
Spring 1997
News
K&L Gates Partner Assumes Boston Bar Foundation Presidency
Press Releases
October 2, 2008
Primary Practice
Commercial Disputes
Secondary Practices
Broker-Dealer
Corporate Governance
Global Financial Markets
Government Enforcement
Internal Investigations
Labor and Employment
Private Clients, Trusts and Estates
Securities Enforcement
Securities Litigation
Tax-Exempt Organizations/Nonprofit Institutions
Education
J.D., University of Virginia School of Law, 1975
A.B., Harvard University, 1971, (
magna cum laude
)
Admissions
Bar of Massachusetts
United States Court of Appeals for the First Circuit
United States District Court for the District of Massachusetts
Throughout his career, Mr. McDermott has handled complex civil litigation. His experience extends to trials and appeals in the state and federal courts on commercial, real estate, zoning, banking, first amendment, medical malpractice, toxic tort, probate, and employment matters. In financial services cases, Mr. McDermott has represented underwriters, broker/dealers, banks, mortgage companies, officers, directors, professional advisors and individuals in class action and complex federal court cases involving allegations of lender liability, violations of RICO and claims under the securities laws and other statutes. Mr. McDermott has organized internal investigations and defenses of complex problems for clients in the securities industry, anticipatory to and following upon, investigations by the Securities and Exchange Commission. In addition, Mr. McDermott was appointed by the United States District Court for the District of Massachusetts to serve as special master in the Lomas Securities litigation, where he supervised pre-trial discovery and preparation for trial of ten large securities actions consolidated by the Judicial Panel on Multi-District Litigation in Boston.
Professional Background
Administrative Partner and member of the Management Committee, K&L Gates, 1990-1996
Founding member, McDermott & Rizzo, 1981-1990
Law Clerk to Andrew A. Caffrey, Chief Judge, United States District Court for the District of Massachusetts, 1975-1976
Achievements
Worcester College, Oxford University, 1971-1972 (Candidate for D. Phil.)
Professional/Civic Activities
President, Boston Bar Foundation, 2008-2010
Chairman, Boston Bar Association’s Law Office Economics, Professionalism and Ethics Section, 1990-1992
Member, Boston Bar Association’s Litigation Section
Chairman, Boston Bar Foundation’s Society of Fellows
Trustee, Boston Bar Foundation, 2003-2010
Trial Advisor, Harvard Law School, Trial Advocacy Workshop, 1989-2001
President, Tort Law Commission, and Vice Chairman, Products and Services Liability Commission, Union Internationale Des Avocats, 1997-2000
Director, Faulkner Hospital, 1983-1989
Trustee, Deaconess Hospital, and overseer, Beth Israel Deaconess Hospital, 1990-present
Director and Member of Audit and Compensation Committees, Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc., 2005-present
Executive Council, Harvard Center for Risk Analysis, Harvard School of Public Health, 1998-2004
Leadership Council, Harvard School of Public Health, 2003-present
Secretary, Harvard Club of Boston, 1987-1998
President, Harvard Club of Boston, 1998-2001
President, Board of Trustees, Dexter and Southfield Schools, 1991-present
Former Trustee and Secretary, Thompson Island Outward bound Education Center, 1988-2003
Elected Town Meeting Member, Dedham, Massachusetts
Co-Chairman, Master Plan Committee, Dedham, Massachusetts
President, Citizens for Dedham Neighborhoods Alliance, 2005-present
Recognized by Massachusetts Super Lawyers in Business Litigation
Speaking Engagements
Securities Litigation: Planning and Strategy
, presented by the American Law Institute and American Bar Association, May 13-14, 2004 and related paper "Administrative Proceedings and the New [SEC] Rules of Practice," by Wm. Shaw McDermott and Jason S. Pinney
Additional Information
Publications
"Silicon Graphics and Scienter: The Saga Continues,"
Securities Enforcement & Litigation Update
, Fall 1997.
"The Road to Securities Litigation Reform and the Law of Unwanted Consequences,"
Securities Enforcement & Litigation Update
, Spring 1997.
"Litigating Administrative Proceedings: The SEC's Increasingly Important Enforcement Alternative," co-author, Chapter 7 of the
Securities Enforcement Manual
, Fall 2007.
"Effective Strategies for a New Regulatory Environment," co-author,
Inside the Minds: Securities Fraud Claims
, 2009.
Miscellaneous papers before the Union Internationale Des Avocats on class action litigation, the economic loss doctrine, products liability law, informed consent in medical practice, and liabilities of professional advisors.