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'A Terrible Situation' or 'Still Well Established': Where Do the Failed Merger Talks Leave Shearman?
Reacting to the end of the Hogan Lovells discussions, UK market opinion is split on whether Shearman & Sterling should now pursue other merger options, or double down in the US.
Is This the Year the Tide Turns for US Firms in China?
Market changes may have come just in time for some to reconsider walking away.
McDermott Sees 9% Revenue, PEP Growth, With 'Recession-Resistant' Practices
The firm saw more than $164 million in revenue from its European offices in 2022 and 33% growth in its London office, said firm chair Ira Coleman, who joked that one reason the London office did so well is that "people pay more for the accents." He also said the firm's international haul was up 12%, besting the firm's overall performance.
Shearman & Sterling Lays Off Associates and Staff
The firm said it is laying off 26 business professionals and 12 associates, "focused mainly on transactional practice areas most affected by current and projected market conditions."
Shearman (And Others) Playing Catch Up
As the market slows, law firms are coming under pressure to find new ways to give themselves a boost, writes the Global Lawyer.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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DWF Adds Former Banking GC to Dubai Office
The new partner did stints with J.P. Morgan, Nomura Securities and Lehman Brothers before becoming general counsel at the British Arab Commercial Bank in London.
Shearman & Sterling's Long Road From Wall Street Darling to Merger Partner
Once an Am Law 10 law firm, Shearman & Sterling is now playing catch up as it pursues scale and a transformative merger.
Shearman's EMEA, Asia M&A Head Quits for Sidley Austin
The London-based partner has been at the firm for less than two years and follows several other departures.
Hogan Lovells, Shearman Talks Progress With Management Meetings in London & New York
Both firms' top brass are said to have long been determined to secure a deal similar to the one currently being explored.
Mishcon, DWF and BCLP Strengthen London Ranks as Moves Continue Apace
Three firms have added corporate and real estate partners, building on London's feverish hiring market.TRENDING STORIES
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