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: 809
  • Gross Revenues: $820,500,000
  • Revenue Per Lawyer: $1,015,000
  • Profits Per Partner: $1,800,000
  • Year Over Year Change: 2

Shearman & Sterling is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Shearman & Sterling has 809 attorneys and is the 41st largest firm in the United States.  With $820,500,000 in gross revenue in 2013, the firm placed 33rd on The American Lawyer's 2014 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 33 2 Gross revenue
Am Law 200 33 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

Half-Dozen K&L Gates Partners Decamp, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 21, 2015

K&L Gates sees six partners leave for four firms; some of Fried Frank's Asia lawyers find new homes; Jackson Lewis opens two new offices; Mayer Brown adds a practice leader; and other notable moves from throughout The Am Law 200.

Movers

: The National Law Journal : April 20, 2015

New arrivals and lateral moves in this week's column.

Another Forex Milestone as BofA Settles Class Action

Scott Flaherty : The Litigation Daily : April 16, 2015

Bank of America, represented by Shearman & Sterling, is the third bank to settle of the dozen targeted in antitrust litigation alleging widespread manipulation in the $5 trillion-per-day foreign exchange market.

Introducing The National Law Journal's Outstanding Women Lawyers

: The National Law Journal : April 15, 2015

The National Law Journal presents 75 of the most accomplished female attorneys working in the legal profession today.

Steve Camahort

Lisa Hoffman : The National Law Journal : April 13, 2015

Shearman & Sterling partner Steve Camahort believes that the foundation to success as outside counsel is to view every request from a client as one of immediate importance.

Under ABS Structure, Cahill Makes London Litigation Debut

Brian Baxter : The Am Law Daily : April 13, 2015

Cahill Gordon & Reindel officially launched an English law litigation practice in London after hiring Shearman & Sterling partner Richard Kelly. The announcement comes with a twist: U.K. regulators approved Cahill's application to become the first major U.S. firm in London to be licensed under an alternative business structure.

DC Moves: Roundup of Laterals and Promotions

Katelyn Polantz : The National Law Journal : April 13, 2015

A roundup of Washington, D.C. lateral moves and promotions.

Counsel to Counsel in the Emerald City

: The National Law Journal : April 13, 2015

The National Law Journal this week spotlights lawyers who serve as outside counsel to some of the top in-house legal teams at companies based in the Seattle area.

For Chinese Companies Facing U.S. Class Actions, Déjà Vu All Over Again?

Anna Zhang : The Asian Lawyer : April 13, 2015

Not necessarily, lawyers say. Alibaba and other Chinese newcomers to U.S. exchanges are far different from the companies, like now-defunct Sino Forest, that came before. Here's why.

Wilson Sonsini Partner Sets Sail for New Horizons, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 11, 2015

J. Christopher Groobey spent 25 years in Big Law before heading for the high seas; Fried Frank makes more litigation hires; Latham & Watkins lures three from Sidley Austin; and other notable moves from throughout The Am Law 200.

Fried Frank Continues Rebuilding Litigation Ranks

Brian Baxter : The Am Law Daily : April 09, 2015

Fresh off adding a new litigation chief from the lateral market, Fried, Frank, Harris, Shriver & Jacobson snagged Shearman & Sterling's IP litigation chair Scott Doyle and partner Jonathan DeFosse in Washington, D.C., where Doyle served as his former firm's local co-managing partner. Both lawyers have recently picked up notable victories for corporate clients.

The Global Lawyer: Yukos' Billion-Dollar Crumbs

Michael D. Goldhaber : The Litigation Daily : April 07, 2015

After last year's $50 billion arbitration win for the former masters of Yukos Oil Company, we know a defunct oil company can strike a gusher. But can its shareholders get their hands on the loot?

Two Top Prosecutors Find New Homes, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 07, 2015

Wilmer Cutler Pickering Hale and Dorr and Morrison & Foerster tap the U.S. Department of Justice for two notable hires; Kramer Levin adds a life sciences practice head; Nixon Peabody nabs a Jones Day band leader and other moves from throughout The Am Law 200.

Three Am Law 100 Firms Tap Transactional Trio for M&A Expertise

Brian Baxter : The Am Law Daily : April 06, 2015

With deal volume up during the first quarter, O'Melveny & Myers, Shearman & Sterling and Covington & Burling made notable additions Monday to bolster their M&A ranks in New York.

Circuit Declines to Rehear U.S. Insider Trading Case

Mark Hamblett : New York Law Journal : April 06, 2015

Southern District U.S. Attorney Preet Bharara has lost his bid to reinstate insider trading convictions that were vacated last year by the Second Circuit, restricting the scope of criminal insider trading liability in a way that Bharara said has handcuffed law enforcement.

No Respite for Gov't as Court Affirms Insider Trading Ruling

Julie Triedman : The Litigation Daily : April 05, 2015

Stephen Fishbein of Shearman & Sterling and Mark Pomerantz of Paul Weiss won't have to reargue the successful appeals of Todd Newman and Anthony Chiasson at the Second Circuit.

SEC's KBR Action Spotlights Whistleblower Confidentiality

Sue Reisinger : Corporate Counsel : April 03, 2015

The U.S. Securities and Exchange Commission is the latest government agency to take action over confidentiality agreements with employees, leaving companies to wonder how far they must go in revising their policies.

Oil Refiners' Lobby Taps Crowell & Moring, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : April 03, 2015

Crowell & Moring's environmental and natural resources chair decamps for a key client; Fried Frank hires a new litigation chief; McGuireWoods adds a former top Milbank litigator in Los Angeles; and other notable additions from throughout The Am Law 200.

About Those Firms That Didn't Score Pro Bono Honors …

Katelyn Polantz : Legal Times : April 03, 2015

Although two dozen firms earned honors for their pro bono work in D.C. earlier this week, more than a few important Big Law names were missing. Is pro bono work on the decline across the city?

Barclays Can't Dodge Ex-Big Law Partner's Bond Scheme Suit

David Bario : The Litigation Daily : April 02, 2015

In a setback for defense lawyers at Shearman & Sterling, Barclays plc this week joined an elite but unhappy club of major banks that have been unable to shake antitrust claims by a onetime partner at Pillsbury, Cadwalader and other firms.

Deal Watch: Four Am Law Firms Advise on UnitedHealth's $12.8 Billion Catamaran Buy

Jennifer Henderson : The Am Law Daily : April 02, 2015

This week's roundup of deals worth $1 billion or more features UnitedHealth Group Inc.'s $12.8 billion acquisition of Schaumburg, Illinois-based pharmacy benefits manager Catamaran Corp. Sullivan & Cromwell, Blake, Cassels & Graydon and Squire Patton Boggs advised UnitedHealth in the transaction, while Sidley Austin and Baker & McKenzie worked on behalf of Catamaran.

This Week's Deals

David Ruiz : The Recorder : April 02, 2015

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

April Deals & Suits

: Corporate Counsel : April 01, 2015

Diversity Initiative Honorees 2015

: New York Law Journal : March 30, 2015

In this Special Report, the New York Law Journal recognizes the tenacity and creativity of professionals working daily to create a diverse legal community, and to share ideas that worked.

Diversity Initiative Honorees 2015

Len Maniace : New York Law Journal : March 30, 2015

In addition to offering greater career flexibility and partnering with Lean In and the Elevate Network, Shearman & Sterling is embracing Twitter as a tool toward making the firm a more diverse place, especially for women.

Does Morgan-Stamford Merger Signal New Model for Singapore?

Anna Zhang : The Asian Lawyer : March 23, 2015

Fifteen years after the city-state first allowed foreign law firms to partner with local ones, Singapore's lawyers are still looking for the best way to internationalize their practice. The Morgan Lewis-Stamford merger is just the latest in a long line of, often times, unsuccessful attempts.

HSF's Southeast Asia Energy Head Leaves for King & Spalding

Anna Zhang : The Asian Lawyer : March 23, 2015

Richard Nelson is among a spate of departures from Herbert Smith Freehills' Asia offices in recent months.

On the Move

: New York Law Journal : March 23, 2015

Nine firms, including Blank Rome, Dickstein Shapiro and Paul Hastings, announce new additions.

Cahill Taps Cadwalader for Securities Enforcement Head

Brian Baxter : The Am Law Daily : March 19, 2015

Bradley Bondi, head of the securities enforcement and investigation group at Cadwalader, Wickersham & Taft, has joined Cahill Gordon & Reindel in a rare lateral hire by the Wall Street firm. Bondi, who will work out of New York and Washington, D.C., will lead Cahill's securities enforcement and regulatory group.

From Kasowitz to Kickstarter: Iraq Vet Eyes Medical Records Revolution

: The Am Law Daily : March 19, 2015

L. Okey Onyejekwe Jr., an Iraq War veteran and IP litigation partner with Kasowitz, Benson, Torres & Friedman in Silicon Valley, left the firm last month to focus on Zobreus Medical Corp., a startup mobile and health technology company that launched a Kickstarter campaign this week to revolutionize medical records.