The firm's 2021 results more than made up for the year before, with gross revenue growing 17.5%.
March 08, 2022 at 02:36 PM
4 minute read
Shearman & Sterling posted a gross revenue increase of 17.5% and saw its profits per equity partner soar over 58% in what was the firm’s best financial year on record.
As part of that 17.5% revenue growth, the firm topped the $1 billion mark for the first time, coming in at $1.012 billion. Shearman also saw profits per equity partner jump from under $2 million in 2020 to just over $3 million in 2021.
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Shearman & Sterling office sign. Courtesy photo
