Asst at Shearman and Sterling Greater New York City Area 41 connections. IAM Patent 1000 recognized Shearman & Sterling’s IP Litigation and IP Transactions practices in its 2020 rankings Litigators of the Week: Shearman Trio Stands Up for Open Source Software Chambers USA rankings for our attorneys Asst The firm takes pro bono very seriously.”, Some in New York suggested that there “are still some more old-school senior partners who are more traditional and expect deference from juniors and associates.” There were also some complaints from the Big Apple about office space, described by many as “comfortable but dated – it has very much a 90s or 2000s feel to it.” The good news is that “we are starting our renovations in the next couple of years – it’s going to be all glass and shiny!”, We heard that “there aren’t any screamers at the firm either; we don’t have partners that shout at associates for doing something wrong.” BigLaw toxicity was nowhere to be found at Shearman: “I haven’t experienced a fratty or a ‘hey bro’ culture, which is refreshing as a woman doing corporate work,” one female source observed. “I would say that on average I bill 40 hours a week,” a corporate junior estimated, adding that “there’s also been a handful of weeks where I’ve worked up to 80 hours in a week where a deadline has moved up.” More happily, sources agreed that Shearman respects vacation time: “I’ve taken ten days off and not had one request to do anything for work,” one junior told us. Applicants invited to second stage interview: undisclosed, When students visit for a callback interview, they typically meet with two partners or counsel and two associates. "Small teams mean plenty of opportunity to take responsibility and progress", said a senior solicitor. Be proactive about your career and take advantage of every assignment and every opportunity given to you. Now there’s video conferencing, distribution emails, and the increasing use of AI and machine learning to conduct research and tasks such as doc review. For well over a century, the firm has been one of the elite corporate players in areas of capital markets, finance, and mergers and acquisitions. “Partnership is such a long track, but the firm would support me if I wanted to go down it,” a junior concluded. However, there is some cross-staffing based on a summer associate’s expressed interests as well as business need. As an example, we recently held our annual leadership academy for 6th and 7th year associates from around the world in New York. Litigators remain generalists in their formative years, whereas corporate associates are now placed directly into a subgroup. Shearman and Sterling. If you find yourself getting nervous, try to view the process as an opportunity to have a series of engaging conversations with interesting and impressive lawyers.” – John Nathanson, hiring chair. “My experience is that every area of the firm is super-well integrated,” one junior stressed, adding that they “regularly work with colleagues in Toronto, London and Paris – communication is completely seamless.” New York takes on nearly all the firm’s incoming associates, while DC, San Francisco and the firm’s newish Austin and Houston offices (opened in 2018) welcome just a handful. ■Compensation, Governance & ERISA The publication provides annual rankings and firm-by-firm editorial, including leading lawyers. In some practice groups, attorneys have formed their own informal support networks. Investigations have been a hot pocket of the practice in New York and DC. CA: What motivated the opening of the firm’s Texan offices? “Partners tend to specialize in an industry or institutional clients but as a junior you get to try out pretty much everything.” The firm’s practice extends to equity carve-outs and Reverse Morris Trust transactions; derivatives is a specialty of the capital markets team. The magazine praises Casey for his work leading the Shearman & Sterling team on The Dow Chemical Co.’s spinoff of its chlor-alkali and derivatives business. Funds sources suggested: “You get more drafting experience compared to in M&A,” but it comes with a “steeper learning curve. Main Areas of Practice:■ Antitrust■ Capital Markets Hervé Letréguilly Shearman & Sterling LLP. This represents the largest ever offering by Ford and the largest ever deal of its kind. 129 Shearman & Sterling reviews. At the time of writing, three of six partners were in the project development and finance group, where attorneys were "mostly working on oil and gas deals.”, Reflecting on the success of the Texas openings, interviewees added that “the firm already has plans to move to a new Houston office in March 2020.”  The scope in Austin is a little broader with seven partners covering the key corporate disciplines including venture capital, M&A and private equity. The London office opened over 40 years ago and quickly became one of the leading practices, covering all aspects of English, European and US corporate and finance law. Shearman & Sterling LLP > Firm Profile . “It makes it much easier to find a home this way.” Across all groups, task assignment follows a rigid format: “If there’s a matter that needs staffing, assignment partners will send an email asking for volunteers; if they don’t get any volunteers then they’ll start conscripting associates.” Shearman needs you! When was your Shearman & Sterling interview? This content is provided by Shearman & Sterling LLP. With more than 130 attorneys in the United States, Europe and Asia, our litigation team is ready to assist in any crisis, whether the adversary is a government regulator, a competitor, or a well-funded class action attorney. He was named a leading practitioner for capital markets by Chambers Global, Chambers USA, Chambers UK, The Legal 500, IFLR1000, Who’s Who Legal and PLC Which Lawyer. Relying on our local capabilities in Asia combined with the resources of our global network, clients look to Shearman & Sterling for solutions on a wide range of transactions and legal issues in the region. To be best placed at the beginning of your legal career, you need to be in the best place. At this stage, Shearman is looking for candidates who are “prepared and engaged, who have confidence and can speak passionately about their accomplishments to date.” If there are other events surrounding the OCI (hospitality suite, reception, dinner), you should consider all of that as part of the interview process too. “There have been talks of opening dedicated mindfulness and meditation rooms as part of the renovations in New York,” we heard. “We do have more specialized antitrust and arbitration groups but there are partners who do both at once.” One source told us they’d “done trade secrets matters, antitrust cases, an investigation and smaller contract disputes” in their first few years. The firm … That’s just one example of the firm’s international character – another is its smattering of impressive rankings in Chambers Global, including a top spot in Africa for dispute resolution; two more in the Asia-Pacific region for capital markets and projects; another in Europe for arbitration; and top prizes in the growing Latin American market for banking, energy and projects. Shearman senior partner Dave Beveridge explains that the firm “already had a strong energy practice in the UK, Europe, Middle East and Asia and are now focused on growth in the US. Partner George Casey, head of Shearman & Sterling’s Global Mergers & Acquisitions Group, has been named a “Dealmaker of the Year” for 2016 by The American Lawyer.. Shearman & Sterling advised Raytheon in its merger-of-equals with and United Technologies Corporation, a deal that is valued at more than $120 billion. The IFLR1000's financial and corporate law rankings for Shearman & Sterling - United Kingdom. “One time it was logging in for just 30 minutes each day, while another I worked 13 hours (! Associates in the Houston office are likely to focus their time (and energy) on energy sector-related deals. We can have documents go back and forth between us and Singapore in the blink of an eye, and it means we can distribute the hours of availability we provide to our clients. Most of the matters we work on are highly complex, cutting edge and nearly always cross border. The London office opened over 40 years ago and quickly became one of the leading practices, covering all aspects of English, European and US corporate and finance law. It’s very interesting to see attorneys of different seniorities collaborate.” While big deals require due diligence and proofreading, on smaller projects “we juniors work closely with a senior associate or partner. There’s also Shearman’s ‘Summer Associate University,’ a formal program that delivers training on a variety of topics throughout the summer. They’re very receptive to ideas about socializing, though, and it feels like everyone is onboard with building this environment together.”, “I haven’t experienced a fratty or ‘hey bro’ culture, which is refreshing as a woman doing corporate work.”. Shearman & Sterling’s Asia Finance practice is an integral part of the firm’s global Finance practice, providing on the ground support to global and regional clients on debt financing transactions. Everyone is constantly having conversations about what you are interested in, which clients you want to work with and even about opportunities outside the firm.” Others in New York reckoned the path to partnership was harder, with bigger associate classes and not a large number of homegrown partners made each year. Trainees have shaped our success story and played a pivotal role in the firm’s growth. “There used to be some issues where some associates were swamped and others didn’t have enough work,” so it's no surprise that most juniors were happy about the change and looked forward to “forging relationsh… Building an energy presence in Texas helps the firm globally because we’re already getting work there from existing clients based all around the world; it’s really helped tie things together.”, “Building an energy presence in Texas helps the firm globally because we’re already getting work there from existing clients.”. Shearman & Sterling’s success is built on our clients’ success. ■ Real Estate■ Tax, Lorna Xin Chen, Anil Motwani, Iris Wang, George Casey, Scott Petepiece, Cody Wright, Total 49 Articles, Highlights and Press Releases. As one M&A junior told us: “I’ve worked on public deals, private deals, very large deals, very small deals, some buy and some sell-side deals, all over a range of industries.” Varied indeed. Shearman & Sterling LLP. Visit Shearman & Sterling's careers page for more information. Litigators tend to begin their careers as generalists; the same used to be true in corporate but now associates are placed directly into a subgroup. The firm. "Though it remains for you to take - nothing is handed to you on a plate". S&S may be best known for its international practice, but the firm has big plans to power-up in the US of A... ELITE law firms aren’t hard to find in New York, but the outfit based at 599 Lexington Avenue has a few tricks up its sleeve to distinguish itself. Co-Global Managing Partners: George Casey, Adam Hakki A place like Shearman & Sterling – one of the elite international law firms. Number of partners worldwide: 216 The firm also accepts resume collections and unsolicited submissions. CA: What do you consider the greatest threat facing the firm? Shearman & Sterling LLP is a multinational law firm headquartered in New York City, United States.The firm's lawyers come from some 80 countries, speak more than 60 languages and practice US, English, EU, French, Spanish, German, Hong Kong, OHADA and Saudi law, as well as Dubai International Financial Centre law and Abu Dhabi Global Market law. In addition to weekly or biweekly training programs, the firm hosts several social events to help summer associates get to know each other and the firm “in a more informal setting. ■ Privacy & Data Protection■ Private Client They can feel a bit tone deaf.” Others were more optimistic: “I know the firm has started the process of changing policies around mental health and acknowledging burnout culture.” The firm has an initiative called Thrive@Shearman which provides resources to support attorneys, including a monthly newsletter focusing on different topics such as nutrition and financial wellness. Nathanson tells us that: “Our callback interviews are a mix of conversational and behavioral interviews. Senior and junior advisors are assigned during each rotation and, depending on the group, summer associates may attend client meetings, court hearings, depositions or business trips. We already had a strong energy practice in the UK, Europe, Middle East and Asia and are now focused on growth in the US. ■ Finance■ Financial Institutions Advisory & Financial Regulatory■ Financial Restructuring & Insolvency Corporate welcomes the largest chunk of rookies, followed by litigation; smaller groups include tax; real estate; and compensation, governance and ERISA. Shearman & Sterling at KCL, London, United Kingdom. Most of the work a summer associate receives comes from their advisors. It is engaged in the mergers and acquisitions, capital markets, project development and finance, complex business litigation & international arbitration, asset management, and taxation areas. Published April 2011. However, with that comes more pressure to be available 24/7 and deliver an as efficient service as possible to clients. Summer associates rotate through two practice groups. The firm expects all of its associates to bill at least 25 hours of pro bono as part of its bonus criteria. Beveridge earned his BA from Washington & Jefferson College and his JD from the University of Texas at Austin. Then one or two associates usually take the candidate to an informal lunch or coffee. A partnership committee decides if each individual is in good standing to earn a bonus, a process judged “entirely independently” of billing numbers. DB: We have a real emphasis on teamwork; there are no lone rangers here. We have wine and cheese events and open table lunches where we all eat together.” Socializing in DC was more limited – think once a month – because there’s a “more family-oriented culture,” while reports from Houston explained that “most of the partners here are in their late 30s or early 40s. Firstly, I think what distinguishes us is that we are a truly global firm; we have 24 offices around the world working seamlessly together. Lilieth Chambers Admin. In practice, interviewees found that the policy varies by practice group. “‘The Shearman & Sterling team is very skilled in taking extremely complicated information and economic data and boiling it down into short, comprehensible and persuasive arguments.’” Chambers Europe, 2015. “At this stage, more so than the on-campus interview, we expect students to have done a fair amount of research on the firm and to have a clear idea of ‘Why Shearman?’”. This estimate is based upon 27 Shearman & Sterling Associate salary report(s) provided by employees or estimated based upon statistical methods. We have a distinguished history of supporting clients wherever they do business, from major financial centres to emerging and growth markets. Sources did agree that “Shearman is very cognizant of the need to hire more ethnically diverse individuals.” The firm runs various diversity initiatives and groups, some of which “can feel disconnected from the leadership at times,” though we heard nothing but praise for women’s group WISER. February 2018 What was it for? “Some of the smaller groups are more progressive and have embraced a working culture that allows people to work where they want,” whereas in the “more traditional groups like M&A there is very much a facetime culture and they expect you to be in.” This was part of the reason why some felt the firm is behind the curve in its approach to mental health. “Work hard; try to learn as much as possible; be enthusiastic about the work and about the opportunities in front of you; meet as many lawyers as possible; take advantage of social opportunities (events, lunches, practice group outings, etc.) Nathanson’s parting wisdom is to “come into the firm with an open mind and openness to learning. Trying to predict the future is always going to be difficult, but we can continue to invest in data analytics and project management resources in conjunction with sustained training for our associates. Advised Dow Chemical Company in its $130 billion business restructuring into three distinct public companies. The typical Shearman & Sterling Associate salary is $200,377. The firm is certainly […] “Similar to the on-campus interview, be prepared and engaged, and make sure you can speak passionately about your past work and your accomplishments.” – John Nathanson, hiring chair. Shearman & Sterling’s head of EMEA capital markets is leaving the firm for Milbank, three years after former colleague Apostolos Gkoutzinis made the same move.