LAWYER PROFILE
Steven Scholes

Steven Scholes

USA 2026

Chambers ranking badge
Share profile
Chambers ranking badge
McDermott Will & Schulte
 McDermott Will & Schulte

Ranked in 2 practice areas

Litigation: Securities

Illinois

4 years ranked

Litigation: White-Collar Crime & Government Investigations

Illinois

10 years ranked

About

Provided by McDermott Will & Schulte

Practice Areas

Steven (Steve) S. Scholes focuses his practice on SEC investigations, shareholder litigation, including class and derivative actions, and internal investigations. He is an experienced trial lawyer, and he has tried civil, criminal and administrative cases in federal and state courts. Steve regularly represents clients before the Securities and Exchange Commission, state securities regulators and self-regulatory organizations, such as the Financial Industry Regulatory Authority, the Public Company Accounting Oversight Board and stock, options and futures exchanges. He has served as the global head and operations partner for the Firm’s Litigation Practice Group and the head of both the Chicago Trial Group and the Firm’s SEC Defense Group.

View more at: https://www.mwe.com/people/scholes-steven-s/

Chambers Review

Provided by Chambers

Chambers Guide to the USA

Litigation: Securities - Illinois

Band 1
Individual Editorial

Steven Scholes is noted for his expertise handling shareholder class actions and derivative claims as well as internal investigations.

Learn more about this teamView ranking table

Litigation: White-Collar Crime & Government Investigations - Illinois

Band 3
Individual Editorial
Steven Scholes has a strong reputation for his representation of clients facing multi-agency investigations. He is well known for his handling of SEC proceedings and FINRA arbitrations.
Learn more about this teamView ranking table

Strengths

Provided by Chambers

  • Steve's client service and general level of service are unmatched in my 20-year professional career. He has the unique ability to put a client's mind at ease in all circumstances. He is never above the client in his eyes.

    Litigation: SecuritiesChambers Guide to the USA

  • Steven is so detail-oriented. He checks every box. He is a great communicator, does a great job managing client expectations and lets them know what is around the corner. He is a top-notch lawyer.

    Litigation: SecuritiesChambers Guide to the USA

  • Steve is a consummate gentleman, but also a highly effective warrior and the combination is powerful. He is a true expert and a strategist at the highest level.

    Litigation: SecuritiesChambers Guide to the USA

  • Steven is a superb lawyer who has the ability to explain complex litigation issues in understandable terms. He is also able to work productively with plaintiffs lawyers in ways that satisfy their needs without sacrificing his client's interests.

    Litigation: SecuritiesChambers Guide to the USA

  • Steve is very knowledgeable and sophisticated in securities litigation matters.

    Litigation: SecuritiesChambers Guide to the USA

  • Steven is a very talented lawyer who makes good strategic decisions.

    Litigation: White-Collar Crime & Government InvestigationsChambers Guide to the USA

Ranked Individuals at McDermott Will & Schulte (252)

California

California: Northern

California: Southern

Delaware

District of Columbia

What success is built on

Chambers is the leading data and intelligence partner for the legal sector.

Explore thought leadership