Shearman & Sterling Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Shearman & Sterling LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Shearman & Sterling LLP

  • Designation: New York
  • Head Count: 821
  • Gross Revenues: $845,000,000
  • Revenue Per Lawyer: $1,030,000
  • Profits Per Partner: $1,905,000
  • Year Over Year Change: -1

Shearman & Sterling is a New York-based law firm.  According to the National Law Journal's 2015 NLJ 350 ranking of firms based on size, Shearman & Sterling has 821 attorneys and is the 41st largest firm in the United States.  With $845,000,000 in gross revenue in 2014, the firm placed 34th on The American Lawyer's 2015 Am Law 200 ranking.  On the 2013 Global 100 survey, Shearman & Sterling ranked as the 41st highest grossing law firm in the world.  The firm has offices in CA, DC and NY.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 34 -1 Gross revenue
Am Law 200 34 -1 Gross revenue
NLJ 250 41 -7 Lawyer head count
The A-List 24 -14 Overall excellence
Pro Bono Scorecard 26 -13 Pro-bono commitment
Diversity Scorecard 15 6 Minority head count
Midlevel Associates Survey 60 19 Job satisfaction
Summer Associates Survey 75 12 Summer programs

In the News

Big Deals

Jennifer Henderson : The American Lawyer : June 29, 2015

Musical Chairs at Kirkland & Ellis; Plus More Lateral Moves

Brian Baxter : The Am Law Daily : June 28, 2015

Kirkland snags a top London tax partner but loses three others; McKenna Long & Aldridge sees more lateral movement ahead of its deal with Dentons; Shearman & Sterling opens in Saudi Arabia; and other notable hires from throughout The Am Law 200.

From Fitbit to Fogo de Chão, Big-Firm Lawyers Enjoying IPO Party

Brian Baxter : The Am Law Daily : June 25, 2015

From Fitbit to Fogo de Chão, capital markets lawyers at Am Law 100 firms are reaping the benefits from a fresh round of initial public offerings, as June shapes up to be potentially the best month by volume for U.S. listings since 1999.

This Week's Deals

David Ruiz : The Recorder : June 25, 2015

A round-up of transactions involving Bay Area lawyers and companies.

Top Firms for Women for Equity and Power

Vivia Chen : The Careerist : June 19, 2015

Forty-four firms get WILEF's seal of approval.

Freshfields' U.S. Hiring Spree Continues, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : June 17, 2015

The Magic Circle firm snags a senior Simpson Thacher & Bartlett civil litigation partner in New York; Sheppard Mullin adds a three-lawyer IP team from Pillsbury; King & Spalding opens in Tokyo; and other notable moves from throughout The Am Law 200.

Ice Melts in Arizona for Former Class Action King

Brian Baxter : The Am Law Daily : June 16, 2015

Former high-flying plaintiffs lawyer Andrew Barroway is preparing to divest himself of a controlling stake in the NHL's Arizona Coyotes that he acquired last year, as the team finds itself involved in a $200 million litigation battle with the Phoenix suburb of Glendale.

Rulings Change Calculus of Law Firm Bankruptcies

Ross Todd : The Recorder : June 05, 2015

Law frms used to see it as cheaper to settle unfinished business claims than to fight them, but that's no longer the case.

ALM Announces 2015 Transatlantic Legal Award Winners

: The Am Law Daily : June 05, 2015

At a London event, lawyers and firms are honored for excellence in transatlantic matters involving corporate, finance and litigation work, innovation, commitment to pro bono, outstanding transatlantic strategy and rising stars under 40.

Correction

: New York Law Journal : June 04, 2015

Texas' Top Deals of 2014

Brenda Sapino Jeffreys : Texas Lawyer : June 04, 2015

The following deals, involving at least one Texas-based company, were announced in 2014. Sources include Texas Lawyer, The Am Law Daily, Thomson Reuters and corporate press releases.

On the Move

: New York Law Journal : June 03, 2015

Three firms announce new additions, while another three announce promotions.

Hands Off That Whistleblower

Sue Reisinger : Corporate Counsel : June 01, 2015

The SEC joins the chorus of federal agencies that have made their policies in this area clear.

Calling Mr. Mom

Vivia Chen : The Careerist : June 01, 2015

If more couples decided that he should stay home with the kids, women lawyers would thrive.

The End of Lockstep? Not So Fast.

Chris Johnson : The Am Law Daily : June 01, 2015

News that Linklaters is to finally modify its lockstep has raised fresh questions over the long-term future of the compensation system. But with some tinkering, lockstep may prove more durable than many think.

In-House Counsel Profile: Sonic Corp.'s Paige Bass

June D. Bell : The National Law Journal : June 01, 2015

"When I was in private practice I did litigation, and we'd get bogged down in discovery dispute. But in-house, I'm on the front line of helping business get done."

June Deals & Suits

: Corporate Counsel : June 01, 2015

Big Deals

: The American Lawyer : May 28, 2015

Quinn Emanuel Heads to Shanghai, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 26, 2015

Litigation giant Quinn Emanuel opens its first office in mainland China; Steptoe & Johnson snags four in Silicon Valley; Dentons follows up on its Newt Gingrich hire with several new additions; and other hires from throughout The Am Law 200.

Reed Smith to Open in Frankfurt

Gina Passarella : The Legal Intelligencer : May 22, 2015

Reed Smith is set to open an office in Frankfurt, Germany, on June 1 with the addition of seven lawyers from four different firms. The new location, which will focus heavily on the financial services industry, will be managed from the firm's 10-year-old Munich office.

They're Coming Up: ACC's Top In-House 30-Somethings

Sue Reisinger : Corporate Counsel : May 22, 2015

The Association of Corporate Counsel announced its "Top 10 30-Somethings" list, recognizing the outstanding achievements of in-house counsel between the ages of 30 and 39.

Big Deals

: New York Law Journal : May 21, 2015

The Ascena Retail Group is buying the owner of Ann Taylor and Loft in a deal valued at about $2.16 billion. Washington, D.C.-based Danaher plans to purchase Port Washington, New York-based filtration specialist Pall for $13.6 billion.

Am Law 100 Firms Looking Out for Military Employees

Nell Gluckman : The Am Law Daily : May 21, 2015

With Memorial Day approaching, The Am Law Daily highlights the work of several firms doing good deeds for their military veteran and reserve workers.

Deal Watch: Four Am Law 100 Firms Prescribed Work on CVS-Omnicare Merger

Jennifer Henderson : The Am Law Daily : May 21, 2015

Firms Prescribed Work on $12.7 Billion CVS, Omnicare Deal

Asset Valuation

: New York Law Journal : May 18, 2015

In this Special Report from the New York Law Journal, brought to you free by : "Capturing Value in the Solar Industry," "Uncover Hidden Attributes in Financial Records," "Economic Benefits of IP Licenses Increasingly Impact Value," "Treatment of Deal-Related 'Synergy' Takes Center Stage" and "Analyzing Business Appraisal Discounts Applied to a Real Estate Entity."

Movers

: The National Law Journal : May 18, 2015

Laterals and new arrivals in this week's column.

US vs. UK: Which Firms Have the Best India Practices?

Tom Brennan : The Asian Lawyer : May 18, 2015

A new ranking from London-based RSG Consulting shows that U.S. firms continue to take market share in India, challenging the dominant position once held by their U.K. peers.

Deal Watch: Weil, Wachtell Dial Up for Verizon's $4.4 Billion AOL Buy

Jennifer Henderson : The Am Law Daily : May 14, 2015

Verizon Communication Inc. cites AOL Inc.'s market success in digital content and advertising platforms as reasons behind the purchase. Also in this week's roundup of deals worth $1 billion or more: Williams' acquisition of its master limited partnership Williams Partners in an all-stock deal valued at $13.8 billion, led by Gibson Dunn and Baker Botts.

ASCAP Tunes In Clara Kim as New GC

Marlisse Silver Sweeney : Corporate Counsel : May 13, 2015

The nonprofit performance-rights organization brings in a general counsel following the promotion of past GC Elizabeth Matthews to chief executive officer.

INADMISSIBLE: Standing Room Only For Antitrust Case

: The National Law Journal : May 11, 2015

Courtroom 5 on the second floor at the U.S. District Court for the District of Columbia was packed shoulder-to-shoulder with about 100 onlookers, all gathered to watch a merger trial that pits the Federal Trade Commission against Sysco Corp. and US Foods Inc. Plus more in this week's column.