Li Wang
Practice Focus Area: Transactions and Health Privacy
Office: New York
Years at Firm: 4 years
What is your favorite part about practicing healthcare law at McDermott?
In Give and Take: A Revolutionary Approach to Success, author Adam Grant discusses how knowledge collaboration (and a culture of giving) contributes to more success for organizations. My favorite part about practicing healthcare law at McDermott is its embodiment of knowledge collaboration where ideas are bounced off of healthcare experts within the group and solutions are developed through contributions from the full team. When you have multiple experts thinking through an issue from multiple angles, the end product inevitably results in high quality. I am grateful and proud to get to be a part of the collaborative culture of the team that has been consistently ranked the best in the nation.
What is the biggest opportunity and greatest challenge facing clients in your area of focus today?
Constituents in the healthcare industry are looking for innovation and reduction in inefficiencies. Just as players in other industries, such as consumer products, are always looking for the next big invention. Healthcare constituents are also seeking products, services and collaborations that they hope will improve everyday lives at the most efficient cost. We have seen innovations in telehealth, app-based healthcare services, vertical collaborations, etc., and I believe we are just at the tip of the iceberg of what is yet to come.
What kind of client work gets you most excited when it comes across your desk?
I worked on a few projects where our clients were inventing a new app or product that raised a number of regulatory questions that the current statutory and regulatory landscape have not yet contemplated. I was able to assist the McDermott team with providing guidance to the client as well as referring them to our Government & Lobbying Strategies group to assist with collaborating with legislators and I find these projects fascinating. It is an honor to work with clients who are on the cutting-edge.
What is the proudest moment of your career to date?
I cannot pinpoint a single proudest moment of my career, but it makes me so proud when a client tells us after a project that they are happy with our work and that we produced for them exactly what they were looking for. It is such a satisfying feeling knowing that clients lean on us and we can assist them in their valuable missions.
What is an interesting fact about yourself that others may not know?
My parents are both Chinese, but I was born and raised in Budapest, Hungary. I went to Hungarian public school for several years but later transferred to an international school in Budapest. I got to speak three languages each day – Mandarin Chinese, Hungarian and English – and I loved that I grew up in such a diverse setting. The experience definitely made me more open-minded and flexible both as a child and as an adult. To this day, my ears always perk up when I hear Hungarian spoken, and I research to see if there are Hungarian restaurants or bakeries in new cities I travel to.
