Shearman & Sterling senior partner quits for Morgan Stanley role

Shearman & Sterling has lost its senior partner to US investment bank client Morgan Stanley.

David Heleniak has quit the New York firm to become vice chairman, managing director and member of the management committee of Morgan Stanley.

John Madden, who is currently co-managing partner will take over from Helenaik as Shearman & Sterling’s acting senior partner pending an election to appoint a permanent successor.