A-List Honors for Fourth Consecutive Year
For the fourth year in a row, Shearman & Sterling has been named to the prestigious A-List of top law firms in the US by The American Lawyer. These 20 firms “best embody what it means to be a success in the legal community,” according to the magazine. In jumping two spots from number 15 in 2007 to its current 13th place national ranking, Shearman & Sterling had to exhibit exceptional performance across four A-List categories: revenue per lawyer, pro bono hours, associate satisfaction and diversity representation. In particular, Shearman & Sterling was rated as one of the elite firms in pro bono. The firm jumped from number 17 to number 11, with average pro bono hours per lawyer increasing from 77.2 to 90.8 and 84.1% of lawyers contributing more than 20 pro bono hours last year. Asked about the rise in pro bono activity among the A-List firms, Shearman & Sterling’s pro bono counsel, Saralyn Cohen, told The American Lawyer: “Pro bono effectiveness should be [about] narrowing the gap in access to justice. That’s what we’re trying to do. I don't mean to send attorneys on a pointless errand. You want them to be making a difference.”
—The American Lawyer, 2007
Named ‘2008 Americas Law Firm of the Year’ at IFLR Awards
Shearman & Sterling was the big winner of this year’s International Financial Law Review (IFLR) Americas Awards, earning the coveted 2008 Americas Law Firm of the Year Award plus five other awards for the most innovative deals and best legal teams. Nominated for an industry-best 14 awards in all, the firm won six, including: Debt and Equity-Linked Team of the Year; M&A Team of the Year; Debt & Equity-Linked Deal of the Year; M&A Deal of the Year—Euronext/NYSE; Restructuring Deal of the Year—Remy International prepackage.
—IFLR Awards, 2008
Practices, Attorneys Ranked High by Chambers USA and Legal 500 US
Shearman & Sterling’s practice areas and individual attorneys have received significant recognition in the latest Chambers USA and Legal 500 United States rankings. Both cited the firm for its expertise, client-oriented focus, and deep knowledge of clients’ businesses and markets. In Chambers USA, the firm has once again been recognized for its outstanding work in 14 practice areas and received first-time plaudits for nine specific legal services. Forty-six Shearman & Sterling US partners received individual recognition. In Legal 500 US, Shearman & Sterling ranked as a top firm for its work in 11 practices areas and received first-time plaudits for four specific legal services.
—Chambers USA and Legal 500 US, 2008
Global Elite Firm
Shearman & Sterling was recognized as a “Global Elite” firm by Legal Business for the past two consecutive years.
—Legal Business, 2007 and 2008
Litigation Group Makes Honor Roll
Shearman & Sterling was selected for The American Lawyer’s Honor Roll in its fourth biennial Litigation Department of the Year survey, placing it among the top 25 litigation practices in the country. The firm’s litigation department was recognized for having achieved a notable record in 2006 and 2007, particularly in its work on big securities class actions.
—The American Lawyer, 2008
Go-To Firm for Financial Services
Shearman & Sterling has been selected as a “Go-To Law Firm for Leading Financial Services Companies” for Litigation; Intellectual Property; Labor & Employment; Corporate Transactions/Mergers & Acquisitions; Securities; Regulatory Affairs, Compliance; Banking & Finance; Canada; and International by Incisive Media Guide (formerly American Lawyer Media) in 2008.
—Incisive Media Guide, 2008
One of America's Best Corporate Law Firms
Shearman & Sterling was recognized as one of “America’s Best Corporate Law Firms” by Corporate Board Member.
—Corporate Board Member, 2007 and 2008
Project Finance Global Law Firm of the Year
Shearman & Sterling was recognized as “Global Law Firm of the Year” in Project Finance International’s (PFI) mega-project awards for 2008.
—Project Finance International, 2008
Japan Practice Tops Mergerstat League Tables
The strength of Shearman & Sterling’s Japan practice has been recognized in Mergerstat’s latest “Top Japan Advisors” league table, which monitors announced deals in the first six months of 2008. The firm is ranked No. 1 Legal Adviser by Enterprise Value with deals totalling over $167,712.6 million YTD. The firm also ranks No. 4 by Number of Deals with five deals announced YTD.
—Mergerstat, 2008
Named a ‘Top Ranked’ Law Firm by Chambers & Partners Europe
Shearman & Sterling has been recognized as a “Top Ranked” law firm in the 2008 Chambers & Partners Europe directory. The firm was praised in 38 different categories highlighting experience in its network of offices in major financial districts across Europe. Chambers & Partners describes Shearman & Sterling as “one of the most successful US firms in Europe” noting that the firm “continues to feature on high-end deals.” “Top Ranked” highlights for the firm include: Europe-wide—Dispute Resolution: International arbitration (Tier 1); France—International Arbitration France (Tier 1); France Capital Markets Equity (Tier 1); and Germany Insurance (Tier 1).
—Chambers & Partners Europe, 2008
Won Two Key European IFLR Awards
Shearman & Sterling won two awards at this year’s European IFLR awards ceremony: the highly regarded M&A Deal of the Year, for our involvement in the €71.1 billion takeover of ABN Amro; and Restructuring Deal of the Year, for our involvement in the refinancing and restructuring of the Schefenacker Group.
—IFLR Awards, 2008
Dispute Resolution Practice Ranked as Global Leader
The 2008 edition of Chambers Global has rated Shearman & Sterling’s Global Dispute Resolution Practice as Band 1 and characterizes the practice as “world-renowned.” The Litigation practice in the Americas is acknowledged for its high-profile work. Furthermore, the guide notes that Shearman & Sterling is known as a “giant in the arbitration world” and once again rated the firm’s International Arbitration practice as Band 1.
—Chambers Global, 2008
US Recruiting Site Wins Two Best in Class Awards
Shearman & Sterling’s 2007-2008 Recruiting Campaign has won two Best in Class awards in the categories of “Legal” and “Marketing” from Interactive Media Awards (IMA). The Best in Class award is the highest honor bestowed by the IMA. In order to win this award level, our US recruiting website had to successfully pass through a comprehensive judging process, achieving very high marks in each of IMA's judging criteria—an achievement only a fraction of sites in the IMA competition earn each year.
Click here to view the awards.
Click here to view our US recruiting website.
Asia Practices Get Top Marks in the Legal Directories
In the 2007/2008 legal directories, Asia Pacific Legal 500, Chambers Asia and IFLR 1000, Shearman & Sterling earned top rankings in a number of practice areas across Asia.
- Asia Pacific Legal 500—ranked Tier 1 in Capital Markets and Projects & Energy in China and in International Arbitration and Projects & Energy in Singapore.
- Chambers Asia—Asia-wide, the firm is ranked Top Tier in International Arbitration, Debt & Equity Capital Markets and in Corporate/M&A & Private Equity. Ranked Tier 1 in Equity Capital Markets and Corporate/M&A in China and Hong Kong, Corporate/M&A: Investment Funds in Japan and in Dispute Resolution and Projects & Energy in Singapore.
- IFLR 1000—ranked Top Tier in Capital Markets, and M&A in China and Equity Capital Markets in Hong Kong
In addition, Shearman & Sterling is ranked in several countries where the firm is active, but does not have established offices including India, Indonesia, the Philippines and South Korea.
Among Top-Ranked Practices in Germany
In the 2007/2008 edition of the German JUVE Yearbook, Shearman & Sterling’s German offices and practices again earned excellent rankings. Overall, the firm is top ranked in the national overview. In Litigation and Insurance Law we are ranked at the very top of the German market, and in the following practice areas we achieved top positions as well: Corporate Law, Arbitration, M&A, Company Succession and Trusts, Pharma (transactional) and Tax.
—JUVE, 2007/2008