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 $860,500,000 in gross revenue in 2015, the firm placed 36th on The American Lawyer's 2016 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

On the Move

: New York Law Journal : May 24, 2016

Seven firms have added new partners, and Metro-Goldwyn-Mayer has appointed a new chief legal officer.

Letter from London: White & Case Aims High

Chris Johnson : The American Lawyer : May 23, 2016

The firm adopts a bold growth plan in London. What if it works?

Movers

: The National Law Journal : May 23, 2016

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

Practice Leaders Pick Up Stakes, Plus More Lateral Moves

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

A half-dozen big firms shuffled practice leaders within the past week; Skadden snags a high-profile arbitration expert in Hong Kong; the founding partner of Weil's Rhode Island office departs; and other notable laterals from throughout The Am Law 200.

Viacom Stays Connected

Stephanie Forshee : Corporate Counsel : May 17, 2016

In a company with a culture of collaboration, the lawyers buy in.

A Smooth Landing for Air Cargo Suit

Jenna Greene : The Litigation Daily : May 11, 2016

After $1.2 billion in settlements and a decade of litigation that swept in antitrust lawyers from more than 50 firms (seriously, did anyone NOT work on this case?), the massive air cargo price fixing litigation is coming in for a landing.

On the Move

: The Recorder : May 09, 2016

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

Q&A: Lisa F. Smith

Christine Simmons : New York Law Journal : May 06, 2016

Lisa F. Smith's book, "Girl Walks Out of a Bar," to be published by SelectBooks on June 7, is the story of her long and spiraling addiction to alcohol and drugs while working at prominent New York law firms—and her journey toward sobriety.

Four Am Law 100 Firms on $822M Momo Privatization

Anna Zhang : The Asian Lawyer : May 04, 2016

Simpson Thacher, Skadden and Ropes & Gray are representing members in a buyout group led by Alibaba, while Shearman & Sterling advises a special committee at the Chinese chat app developer.

The American Lawyer Announces Transatlantic Legal Awards Finalists for 2016

: The American Lawyer : May 03, 2016

These awards recognize law firms for excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting in-house leaders and law firm innovation, commitment to pro bono and outstanding transatlantic strategy.

DLA Piper Adds High-Powered Duo, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 02, 2016

DLA Piper bags new recruits from Skadden and Willkie Farr; Chadbourne & Parke picks up a partner with World Cup ties; Cleary Gottlieb adds an Allen & Overy practice leader; Stroock nabs a former federal judge; and other notable additions from throughout The Am Law 200.

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.

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.

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.

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.