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: 839
  • Gross Revenues: $860,500,000
  • Revenue Per Lawyer: $1,025,000
  • Profits Per Partner: $1,835,000
  • Year Over Year Change: -2

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 2014 Global 100 survey, Shearman & Sterling ranked as the 42nd 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 36 -2 Gross revenue
Am Law 200 36 -2 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

Deal Watch: A Pharmaceutical Frenzy for a Half-Dozen Firms

Jennifer Henderson : The Am Law Daily : April 28, 2016

Abbott Labs seeks to buy St. Jude Medical for $25 billion; Sanofi makes a $9.3 billion bid for Medivation; AbbVie offers $5.8 billion for Stemcentrx; and a look at the big firms behind those proposed megadeals.

Cleary Takes Lead on Argentina's $16.5B Market Re-Entry

Scott Flaherty : The Am Law Daily : April 25, 2016

Cravath may have stepped in to help Argentina end its legal battle with bondholders, but the country turned to its longtime counsel at Cleary Gottlieb to guide its re-entry into global capital markets.

Movers: A Weekly Roundup of Laterals and Promotions

: The National Law Journal : April 25, 2016

Lateral moves and new arrivals in this week's column.

A Low-Growth Year for Many of Wall Street's Elite

Julie Triedman : The American Lawyer : April 25, 2016

Mixed signals in the financial sector and the end of recession-related litigation held profits down in New York.

Davis Polk Hires Ex-Cravath Partner, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 25, 2016

Ronald Cami heads to Davis Polk & Wardwell in Silicon Valley; Davis Wright Tremaine adds a former top federal prosecutor; another Bracewell partner departs; a new IP boutique forms inside the Beltway; and other key additions from throughout The Am Law 200.

The Am Law 100: Signs of a Slowdown

Chris Johnson : The American Lawyer : April 25, 2016

The Am Law 100 eked out gains across major financial metrics in 2015. But growth was the slowest in years.

Deal Watch: Lexmark Inks Sale With Four Big Firms in the Queue

Jennifer Henderson : The Am Law Daily : April 21, 2016

Wachtell, Skadden, Cleary Gottlieb and King & Wood Mallesons are advising on a $3.6 billion acquisition of U.S. printer maker Lexmark International Inc. by a Chinese-led consortium.

The Global Lawyer: Russia Plugs $50 Billion Yukos Gusher

Michael D. Goldhaber : The Am Law Daily : April 20, 2016

Russia won a crucial reprieve from a Dutch court, but the country and its lawyers at Cleary Gottlieb aren't out of the woods yet.

The Door Spins at Jenner & Block, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 20, 2016

A shift change at Jenner & Block; Duane Morris takes on 13 lawyers from two firms; DLA Piper partners form their own boutique; a Proskauer Rose litigator becomes CEO of a litigation financier; and other notable additions from throughout The Am Law 200.

An Early Look at the 2016 Am Law 100

: The Am Law Daily : April 20, 2016

Before The American Lawyer's complete annual Am Law 100 report is released on April 25, take a peek at preliminary reporting on law firm financials from The Am Law Daily and its regional affiliates.

SEC Goes After Tech Exec for Accounting Fraud

Ross Todd : The Recorder : April 19, 2016

The agency would bar Erik Bardman, the former CFO of eBay Marketplaces, Roku and Logitech, from serving as an officer or director of another publicly traded company.

Dykema Defectors Form New Firm, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 18, 2016

A four-lawyer team leaves Dykema Gossett to start their own shop; Norton Rose Fulbright nabs a dealmaker who nearly died in an African plane crash; a Seyfarth Shaw practice leader joins a high-profile boutique; and other notable additions from The Am Law 200.

Jones Day, Armstrong Teasdale Advise on Big Coal Bankruptcy

Brian Baxter : The Am Law Daily : April 13, 2016

Peabody Energy Corp., the world's largest privately owned coal miner, filed for bankruptcy in St. Louis on Monday. The two Am Law 200 firms have landed lead debtor's counsel roles in the Chapter 11 case, the latest by a major energy company this year.

Big Firm Vets Start New Careers, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 13, 2016

Two longtime Am Law 100 partners start post-legal careers; Kirkland & Ellis hires in Germany; Orrick grows in Europe; Reed Smith makes moves amid merger talks; White & Case goes to Boston; and other notable additions from throughout The Am Law 200.

Avoiding the Headlines: Why Law Firms Should Tackle Vendor Governance in 2016

Clay Fox, HBR Consulting : Legaltech News : April 12, 2016

Fox looks at why governance is important, along with a few tips for law firms looking to implement a formal vendor governance strategy.

Appellate Practice

: New York Law Journal : April 11, 2016

In this Special Report from the New York Law Journal, brought to you compliments of : "CPLR Saves Action Filed Within Six Months of Appeal Dismissal in Prior Action," "The Art of the Expert Affidavit: Lessons From the Appellate Division," "Changes Are on the Horizon in Administrative Law" and "'Litvak' Dicta Provides Counsel Fodder for Challenging Proof of Intent."

Yukos and Russia: A $50 Billion Question

Michael D. Goldhaber : The American Lawyer : April 06, 2016

Can Russia avoid paying a huge arbitration award to Yukos Oil by claiming that an earlier sin wipes it out?

Appellate Court Declines to Revive Two RMBS Cases

Ben Bedell : New York Law Journal : April 05, 2016

The First Department held that a plaintiff's failure to make a pre-suit demand of JPMorgan's board of directors doomed a derivative action brought by a pension fund that lost money on JPMorgan stock, and in a separate ruling, established an accrual date for common-law fraud and aiding and abetting claims brought against issuers of mortgage-backed securities.

Reports Disclose Law Firms Targeted by Hackers

Nell Gluckman and Christine Simmons : New York Law Journal : April 01, 2016

While it's no secret that law firms are often targeted by cyber criminals seeking sensitive client information, it's rare for breaches to become public. But not this week.

The $50 Billion Question

Michael D. Goldhaber : The American Lawyer : April 01, 2016

Can Russia avoid paying a huge arbitration award to Yukos Oil by claiming that an earlier sin wipes it out?

Cravath Admits Breach as Law Firm Hacks Go Public

Nell Gluckman and Christine Simmons : The Am Law Daily : March 30, 2016

Law firms usually manage to keep the public in the dark when it comes to data breaches and hacking attacks. But not this week.

On the Move

: The Recorder : March 28, 2016

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

Big Deals

: The American Lawyer : March 28, 2016

Deals, Deals, Deals

Kim Kleman : The American Lawyer : March 28, 2016

The American Lawyer recognizes the best-of-the-best transactional lawyers during a record year.

Dealmakers and Deals of the Year

: The Am Law Daily : March 28, 2016

It was a cherry of a year for corporate transactions. Meet the lawyers behind the best work.

McGuireWoods Bags Big BofA Book, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : March 23, 2016

McGuireWoods heads to San Francisco after a Reed Smith raid; Kirkland launches a Houston tax practice; Sidley Austin snags a high-powered IP team from Ropes & Gray; and other notable additions from throughout The Am Law 200.

Brussels Blasts Disrupt Big Law Business

Chris Johnson, Julie Triedman and Nell Gluckman : The Am Law Daily : March 22, 2016

Brussels, the seat of the European Union and a hub for U.S. and international firms, was in lockdown Tuesday after a series of explosions rocked the city's airport and a central subway station. At least 34 have been killed in the terrorist attacks.

Special Report: A Return to Earth for Elite New York Firms?

Julie Triedman : The Am Law Daily : March 20, 2016

A barrage of big deals in 2015 didn't translate into explosive growth for many of the country's most profitable firms.

Where Are Partners Moving in Asia?

Anna Zhang : The Asian Lawyer : March 14, 2016

In analyzing 362 lateral hires across Asia Pacific in the past 14 months, we found more partners were moving into U.S. firms from U.K. firms than in the opposite direction; Singapore was the most active lateral market for arbitration lawyers; and more.

The Am Law 100: Revenue, Partner Profits Dip at Cahill Gordon

Jennifer Henderson : The Am Law Daily : March 10, 2016

Cahill Gordon & Reindel, whose finances float with the capital markets, felt a slight pinch to its bottom line in 2015.