Jerry Sokol is a corporate lawyer and Partner-in-Charge of healthcare practice for the international law firm McDermott, Will, & Emery. He has worked for McDermott, Will, & Emery for over 20 years, and is a board-certified expert in healthcare law, with a national practice.
Mr. Sokol has received numerous professional accolades, including rankings in Chambers USA, Best Lawyers in America, and Super Lawyers for several years. Mr. Sokol has also been listed in Nightingale’s Healthcare News’s Outstanding Healthcare Transaction Lawyer list.
Before his law career, Mr. Sokol was a certified public accountant (CPA), and this experience enriches his law practice as it helps him to better understand the financial aspects as well as the legal aspects of the transactions he facilitates.
His practice focuses on transactional law within healthcare services sector. Sokol has represented several clients in mergers and acquisitions transactions over diverse healthcare service subsectors, including a variety of physician services, ambulatory service centers, hospital and health systems, home health companies, urgent care centers, and dialysis centers.
Mr. Sokol has also developed a substantial heathcare private equity practice. With a combination of private equity corporate/finance and healthcare regulatory expertise, Sokol and his team are uniquely qualified to represent private equity funds with both the acquisition/finance components of healthcare company acquisitions, as well as the critical healthcare regulatory aspects, including healthcare specific due diligence. In turn, this expertise positions Mr. Sokol to represent companies selling to private equity funds.
Over the last 25 years, Sokol has created a niche focus on sales and acquisition of ambulatory service centers (“ASCs”), physician practice management companies (“PPMs”), and physician practices. Mr. Sokol leads a talented team of lawyers with expansive and in-depth of knowledge of the healthcare industry that allows them to represent many sellers and buyers of ASCs, physician practices, and independent free-standing ASCs with all their transactional and regulatory needs. Mr. Sokol founded and created McDermott’s annual ASC and Physician Practice Management Symposium 15 years ago. This conference is considered the premier national conference addressing critical legal and business issues affection the ASC and PMM industries, and Sokol has been the Program Chair since its inception.
Mr. Sokol’s team also represents healthcare companies (private equity backed, public, and privately-owned) with all their transactional and healthcare regulatory needs, including serial buyers of healthcare companies. Due to the depth and bredth of his qualified team, he is are able to handle a large volume M&A transactions.
Mr. Sokol has also helped many of the premier health systems in the country develop and implement their physician alignment strategies, including ASCs and other hospital/physician joint ventures, physician employment arrangements, and other cutting-edge physician alignment models.
Mr. Sokol is also an active member of his community, demonstrating his commitment to community betterment through active involvement in several charities. Most recently, he spearheaded a campaign as Capital Campaign Chair and President of the Miami Beach Jewish Community Center to build brand new, state-of-the-art facilities on Miami Beach. Sokol also serves on the Board of Directors of the Miami Beach JCC and on the boards of the Greater Miami Jewish Federation, the Alexander Muss High School in Israel, and the Friendship Circle.
Mr. Sokol also helps his children with their philanthropic efforts. He helped his son Jake and daughter Sophie develop and execute an annual flag football tournament on Super Bowl Sunday to raise funds and awareness for abandoned and abused children of Miami. This event is currently in its seventh year. He is also on the Board of his Sophie’s organization The Friendship Circle that coordinates local high school students with special needs children for meaningful weekly visits.