Shearmans new head promises European push

New York firm Shearman & Sterling has elected M&A partner David Heleniak as its new senior partner, as predicted in The Lawyer (2 April).

Heleniak was nominated to succeed current senior partner Stephen Volk by the firm’s policy committee, and was unopposed in a firmwide election.

He says that under his leadership, globalisation will continue to be a real focus for the firm.

“Growth per se has never been a goal of ours, but globalisation has. We will continue to build our operations in each of the world’s leading financial capitals, sufficient to play leadership roles in our core practices.”

He says the firm will open more offices in Europe this year and will expand its capability in Asia. The firm is due to open in Munich this summer (The Lawyer, 13 March).

Heleniak will continue to work with his clients, which include Anglo American, CitiGroup, Goldman Sachs, Merrill Lynch, Morgan Stanley, Novartis and Thomson.

He began his career in the firm’s London office in 1974, and has since spent time running the Hong Kong office and heading the M&A group.