HEALTH & LIFE SCIENCES NEWS
HEALTH & LIFE SCIENCES NEWS
Exploring Critical Business and Legal Issues across the Healthcare and Life Sciences Industries
HEALTH & LIFE SCIENCES NEWS
Exploring Critical Business and Legal Issues across the Healthcare and Life Sciences Industries
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Five Questions With a Health Lawyer: Jim Owens

Jim Owens
Practice Focus Area: Healthcare
Office: Los Angeles
Years at Firm: 8+

What is your favorite part about practicing healthcare law at McDermott?
The lawyers and other professionals here, first and foremost. We have an amazingly talented team with a wealth of experience advising sophisticated clients in all segments of the healthcare industry. The substantive law depth and breadth, market knowledge, and geographic scope of our healthcare practice is impressive and makes us the best in the business. It is truly the “A team,” and it enables me to bring together the full spectrum of healthcare law advisers to provide a one-stop-shop of high-quality services for our clients. I also enjoy working with our smart and successful clients who value our work and who treat us as members of their team.

What is the biggest opportunity and greatest challenge facing clients in your area of focus today?
My practice is focused primarily on representing health systems and hospitals. Some of the biggest challenges facing our clients are diminishing margins caused by declining reimbursement and rising costs, physician and nursing shortages in the face of an aging population, and increased regulatory hurdles to many types of healthcare transactions. Some of the biggest opportunities include innovative partnerships among providers for specific types of services, and innovations in digital health and artificial intelligence in [...]

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Five Questions With a Life Sciences Lawyer: Michael Ryan

Michael Ryan
Practice Focus Area: Market Access (Diagnostics, Life Sciences)
Office: Washington, DC
Years at Firm: 16

What is your favorite part about practicing life sciences law at McDermott?
Clients come to us with difficult questions that require not just a command of the law, but an in-depth understanding of their business – and in some cases, the technology that makes their business different. Even after more than 16 years, I’m constantly learning something new, and the job is never boring!

What is the biggest opportunity and greatest challenge facing clients in your area of focus today?
Diagnostics companies face a lot of challenges, such as IP and fundraising. But in my corner of the world, the biggest problem is the timeline to reimbursement. It can take companies three to five years to get reimbursement from the time they think they’re market ready. The length of this pathway creates many challenges, but also substantial opportunity for those clients who are able to make it through.

What advice would you give to junior lawyers looking to build their practice in your focus area?
Be curious, particularly when it comes to the science underlying a technology. Many lawyers are reluctant to get too “in the weeds,” but it can be a real differentiator when your clients see that you really understand how the technology works and how [...]

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