The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Revenue at Shearman & Sterling’s City office rose by 5 per cent in the last financial year, up from $104.2m in 2010 to $109.2m in 2011.
This is a stronger performance than the firm as a whole put in, with global revenues inching up by 2 per cent to $750m. This is a turnaround from 2010, when the firm saw overall revenues slide by 8 per cent, a slip that was not felt in the London office (4 April 2011).
Growth in London revenues was accompanied by a marginal boost in lawyer numbers, with the full-time equivalent figure totalling 114.6, up from 111.5.
Firmwide headcount reached 834, with notable hires including a 17-lawyer antitrust and competition team from Howrey’s Brussels office (23 February 2011).
Earlier this year, Shearman beefed up its energy practice with the addition of Ashurst City project partner John Inglis (10 January 2012). The hire came after projects partner and former London chief Kenneth MacRitchie’s left Shearman for UK Green Investments late last year (22 December 2011).