Zevon wrote this with guitarist Robert "Waddy" Wachtel. When Zevon was working with The Everly Brothers, he hired Wachtel to play in their backing band. At one point, Phil Everly asked them to write a dance song for the Everly Brothers called "Werewolves Of London." Wachtel and Zevon were good friends and were strumming guitars together when someone asked what they were playing. Zevon replied, "Werewolves Of London," and Wachtel started howling. Zevon came up with the line "I saw a werewolf with a Chinese menu in his hand," and they traded lyrics back and forth until they had their song.
Jackson Browne produced this track. It features the backing vocals of Mick Fleetwood and John McVie from Fleetwood Mac.
This was the only Top 40 hit for Zevon as a singer. His "Poor Poor Pitiful Me" was #31 for Linda Ronstadt in 1978.
When Zevon played this live, he sometimes replaced the line "I'd like to meet his tailor" with "And he's looking for James Taylor!"