These may not be the sharpest tools in the higher education shed. Ive worked on M&A litigation, securities litigation, commercial litigation, business torts, investigations, regulatory investigations Our sources liked that they werent put in a box: At Shearman they pride themselves on exposing young litigators to different types of work, our sources enthused. Multiple partners and associates I work with juggle kids, and the firm's new hybrid/flexible workweek helps them be at home more for childcare, one source explained. Our survey and sources noted that the firms social scene isnt just drinks, drinks, drinks. Instead, folks described the firm as a place where people have quirky, real interests people are into all the different arts, sports, and music. More generally, interviewees explained that treating others with respect is emphasized from day one across all levels of employees at the firm., This top-down, bottom-up respect was confirmed by how highly sources spoke of both the formal and informal mentoring at the firm, which includes a formal associate and partner mentor, for summers. You may find yourself working in New York, Hong Kong or London, helping to close a cross-border merger or collaborating on an international restructuring. All the resources you need to research law firms and barristers' chambers, Banking & Finance: Borrowers: Big-Ticket (Band 2), Banking & Finance: Lenders: Big-Ticket (Band 3), Capital Markets: High-Yield Products (Band 3), Corporate/M&A: 100-800 million (Band 3), Energy & Natural Resources: Oil & Gas (Band 3), Energy & Natural Resources: Power (Band 2), Financial Services: Non-contentious Regulatory (Band 3). So in terms of how that hierarchy presented, sources explained that that signaled to me that there was strong leadership that set the tone for the rest of the firm. Ultimately, sources felt that in a market in which you can go just about anywhere, one of the distinguishing characteristics of Shearman is every time Ive needed something, no matter what the situation, the firm has helped me. [LegalCheek], * Senior associate says the quiet part out loud when it comes to the Biglaw workload. Our challenge, which is the same for everyone else, is attracting and retaining the right talent. We conduct over 220,000 interviews and surveys annually. Its easier to learn by osmosis from everyone around me, one told us, admitting that I like to come in just to see people and be present. The firm recently introduced a new remote working policy allowing people to work from anywhere in August, which trainees welcome the flexibility is great!, Trainees praised Shearman & Sterlings efforts in increasing diversity at the firm too. TaiChen Development (BVI) Limiteds $65 Million Tap Offering. Sources reflected speaking frankly,I dont think its very good. Yet despite the firms American twang, the London office has its own distinctive voice: The London office isnt just a satellite for the US, one source remarked, its a standalone office with its own work. Trainees also highlighted that a smaller trainee intake [of around 15 a year] means more responsibility early on, so the work you do as a trainee has a bigger impact. Prospective candidates can expect stiff competition, with as many as 2,000 applying for a place in 2022. Over 30 years of rankings and insights. Committee on Foreign Investment in the United States (CFIUS), Financial Institutions Advisory & Financial Regulatory, Environmental, Social and Governance (ESG), EU General Data Protection Regulation (GDPR), Future of Financial Services Regulation in the UK, Global Compliance & Anticorruption (FCPA), Special Economic Zone and Regulatory Drafting, Shearman & Sterling Ranks Highly in Refinitivs Preliminary Global M&A Rankings for Q1 2023, Shearman & Sterling Advises SAP in $12.5 Billion Sale of Qualtrics to Silver Lake and CPP Investments, Shearman & Sterling Celebrates 5-Year Anniversary in Texas, Shearman & Sterling Advises CVS Health in its $10.6 Billion Acquisition of Oak Street Health, Shearman & Sterling Represents EnCap Flatrock Midstream in $1.45 Billion Sale of Lotus Midstream Operations, Shearman & Sterling Wins Two Project Finance Awards at IFLR Asia-Pacific Awards 2023, Shearman & Sterling elects Adam S. Hakki as Senior Partner, Shearman & Sterling FinTech Foundry Wins Best Cryptocurrency Information Source at 2023 FinTech Breakthrough Awards, Lowes Companies $3 Billion Investment Grade Debt Offering, Shearman & Sterling Litigation Partner Samuel Cooper Presses Texas Supreme Court on Behalf of Children, Shearman & Sterling Advises Liberty Global in Purchase of Full Control of Telenet, Representing U.S. Rowing in High-profile Investigation of Alleged Sexual Abuse, PLIs Securities Litigation 2023: From Investigation to Trial. One of the things that new lawyers should focus on is the relationships they have. KWG Group Holdings Limiteds $378 Million Senior Notes Offering. What? Because we place a strong emphasis on professional growth, new members of the firm receive ongoing opportunities for career support, advice and guidance. Clients regularly entrust us with their most complex and strategic tax matters, resulting in our involvement in ground breaking transactions throughout the world. Advisors assign work and provide feedback and they are also tremendous resources for guidance and advice. In addition to lunches and dinners, summer associates are invited to attend a number of social events throughout the summer. Associates explained that a lot of our clients are banks, who often act as underwriters for various deals. Shearman & Sterling represented Guotai Junan Securities (Hong Kong) Limited and China Galaxy International Securities (Hong Kong) Co., Ltd. as the initial purchasers in connection with DaFa Properties Group Limiteds offering of $100 million 9.95% senior notes due 2022. Our rotational program gives summer associates the opportunity to work on real legal issues across various practice areas. The firm was recognized with 106 practice and individual rankings for excellence representing clients across our practices and industries throughout the United States. The firm also accepts resume collections and unsolicited submissions. The pandemic has shown us that remote working is viable. Candidates are asked the usual 'Why law?' Our innovative data management system, Shearman Analytics, gives us a leading edge in staffing matters leanly and effectively, driving value for our clients. Kings Chambers Sep 2021 - Sep 2021 1 month. Talking about hierarchy, S&S was seen by our survey respondents as being more hierarchical than the market. Vac schemers undertake the assessments outlined above written and group exercises, a case study assessment, plus a partner interview during the second week of their placement. And if youd like to sign up for ATLs Salary & Bonus Alerts, please scroll down and enter your email address in the box below this post. The firm is interested to hear what youve done and what youre interested in. Number of partners worldwide: 200+ These events give our summer associates an opportunity to meet as many Shearman lawyers as possible in fun and relaxed settings. How you can get through current challenges while advancing long-term goals. Masdar Floating Solar Photovoltaic Power Project in Indonesia. We also expect candidates to be able to speak knowledgeably about our place in the industry at large, Gascoyne says. Shearman offers young attorneys unparalleled opportunities to learn from and work with great people and interesting clients. Department profile | Shearman & Sterling LLP. Shearman & Sterling represented J.P. Morgan, Deutsche Bank, HSBC and UBS as the joint lead managers in connection with eHi Car Services Limiteds offering of $300 million 7% senior notes due 2026. We will never sell or share your information without your consent. Its team of more than 170 researchers conducts research and interviews with lawyers, clients and other independent sources to identify leading law firms and lawyers. Shearman & Sterling 2023 | Attorney Advertising, Committee on Foreign Investment in the United States (CFIUS), Financial Institutions Advisory & Financial Regulatory, Environmental, Social and Governance (ESG), EU General Data Protection Regulation (GDPR), Future of Financial Services Regulation in the UK, Global Compliance & Anticorruption (FCPA), Special Economic Zone and Regulatory Drafting. The firms policy was popular amongst the trainees we spoke to. Youll spend your summer doing real work, learning important skills, and working alongside our lawyers. The firm looks at thetop schools, butalso we look for impressive students at more regional schools or schools that may be beyond the top 50, recruiting committee chair John Nathanson tells us. The firm looks at the top schools, but also we look for impressive Seat options: antitrust; funds; M&A; project development and finance; finance; litigation; international arbitration; financial institutions advisory; tax; employment; financial restructuring and insolvency. As usual, counsel are not included in that grid, but the memo takes the extra step of acknowledging the firms counsel as human beings and professionals: We are committed to attracting and retaining the best associate talent. Understand your firm's strengths and weaknesses by reviewing independent feedback. This is especially critical for indigent individuals and nonprofit organizations with limitedresources for legal services. Shearman & Sterling represented the initial purchasers in connection with TaiChen Development (BVI) Limiteds tap offering $65 million 12.5% senior notes due 2022, unconditionally and irrevocably guaranteed by Longjitaihe Property Co., Ltd. Jiayuan International Group Limiteds Tender Offer And $300 Million Bond Offering. Thats how it works. On the responsibility side, sources said there is a lot of project management, alongside more substantive stuff, like drafting key documents, such as agreements, and dealing with comments from the other side. In terms of clients, juniors found you get more work from financial institutions. Florida healthcare providers are prone to experience unpredictable changes in the revenue cycle when Medicaid plans begin the redetermination, renewal, and disenrollment process. Like most of the big US firms with a presence in London, Shearman & Sterlings origins in the Big Apple was a big part of the draw for trainees. This takes place with either a senior associate or a partner and a member of the graduate recruitment team, and isn't too formal, according to Gascoyne. Shearman & Sterlings commitment to client service was once again honored in the 2022 edition of Chambers USA. Maintaining those relationships will help people shape their careers. The more passionate you are about the work you do, the more likely it is that you will do well. Office placement decisions are based on the business needs of each office and individual levels of summer associate interest, so a separate interview is not necessary. The need for this commitment from lawyers especially is more essential now than ever. newyork.recruiting@shearman.com. All entry-level associates participate in the Mentoring Circle Initiative (MCI). Guangzhou Fineland Real Estate Developments Exchange Offer and Concurrent New Money Offering. I was looking for top-tier transactional work in areas like finance and M&A, one trainee told us, and thats where the firms profile comes into its own. In fact, Chambers UK awards the firm a host of rankings in banking & finance and capital markets in the capital, as well as a top-tier nod for its projects work nationwide. This Wall Street giant has made a Sterling name on English soil in all things finance. He adds that "were focused on our strategy of driving the right business mix to align with market opportunities. Co-Global Managing Partners: George Casey, Adam Hakki

Weve now heard from Shearman & Sterling, and its a match of the new associate scale as expected. Shearman & Sterling has historically run four vacation schemes: one in the winter, two in spring, and one in the summer. Pro bono was another area that received praise from our sources. We value our partners, and all our people, across the globe and we have our own path forward and thats working for us. As a firm we always punch above our weight. The London office opened 50 years ago and quickly Shearman & Sterling continued to garner recognition by Chambers and Partners in its 2023 edition of Chambers Global, earning 105 practice area rankings and 85 individual lawyer rankings. Graduate recruitment manager, Paul Gascoyne tells us the online form is pretty standard and contains three open-ended questions: 'Why do you want to be a solicitor?' WebUtilise your Chambers ranking to stand out There is confidence in knowing. That seems sub-optimal. Shearman & Sterling represented the dealer managers in connection with the exchange offer by Anton Oilfield Services Group of up to the maximum acceptance amount of its outstanding 7.5% senior notes due 2022 for 8.75% senior notes due 2025. Firm Overview:Shearman & Sterling has a long and distinguished history of supporting its clients wherever they do business, from major financial centers to emerging and growth markets, for nearly 150 years. Nathanson tells us that:Our callback interviews are amix of conversational andbehavioralinterviews. At a base level, future trainees need a minimum AAB at A level and 2:1 degree. One trainee quipped that its more likeable than other types of finance, because its more tangible and more rewarding when youre working to finance something from nothing! Trainees were quick to highlight that the teams work involves plenty of crossover with the firms offices in Abu Dhabi and Saudi Arabia too. Summer associates rotate through two practice groups. The movement is in the right direction.. If raise announcements even acknowledge the existence of counsel, its to say that counsel will be hearing about compensation individually eventually. Programs have covered the likes of legal research & writing, negotiation skills, professionalism and law firm economics. Not exactly encouraging. Shearman & Sterling continues to garner recognition in Chambers USAachieving a total of 104 department and individual rankings in its 2021 guide. plus a commercial question about our place in the industry., There are four elements to an application that can help a candidate to progress to the interview stage, Gascoyne says. Mind Your Paperwork! We dont discuss our targets publicly, but they are obviously very important to us. The firm was recognized with 106 practice and WebProvided by Shearman & Sterling LLP USA - Head office New York 599 Lexington Avenue, New York, New York, USA, NY 10022-6069 Web: www.shearman.com Tel: +1 212 848 : You have to carry the 1 very hard to turn $18k into $100k. Shearman & Sterling advised Osaka Gas and its U.S. subsidiary OGUSA in connection with OGUSAs joint venture with MHI Group through its U.S. subsidiary, MHIA, to acquire the 15.7 MWdc Brighter Future Solar Farm project in Caldwell County, North Carolina from the project developer Oriden LLC.

United States. Privacy Center | NEW YORK. The firms litigation teams took around a third of the juniors on our list. WebPro bono is reportedly a part of the DNA at Covington. You know the ranking and insights really matter when you see the Chambers mark. Notable team of practitioners with impressive experience acting in domestic and international mandates. New Metro Global Limiteds $300 Million Senior Notes Offering. Please include the memo if available. Once all the applications have been submitted, trainees have an end-of-seat roundtable review with the training principal and hiring partners to discuss their prospects and interests. We believe there are few places where a lawyer or professional can gain such rich experience across practices, industries and continents. Learn more about diversity & inclusion at Shearman & Sterling. CA: The firm has done some incredibly noteworthy work such as working on the release of 52 hostages at the US embassy in Iran in 1981 is there anything, for you, that stands out? In a recent matter, Shearman & Sterling advised NEOM Company on the cross-border financing of a $6.5 billion green energy facility between the UK and Saudi Arabia. Shearman & Sterling represented the initial purchasers in connection with Shinsun Holdings (Group) Co., Ltd.s offering of $200 million 12% senior notes due 2023.

Prenetics Announces Closing of Business Combination with Artisan Acquisition Corp. Shearman & Sterling represented the placement agents on the PIPE in connection with Prenetics Global Limiteds previously announced business combination with Artisan Acquisition Corp. Guangdong Hong Kong Greater Bay Area Holdings Limited's Exchange Offer and New Money Offering. Showcase your firm's expertise and advice on key topics. opportunities in developing areas of renewable energy and green power.. The firm represents massive companies such as General Electric, for example, for whom the firm secured a victory against a consolidated class action by Baker Hughes stockholders, who accused GE of hiding important information before the two companies merged. WebOpen Day - for state school educated students - Shearman & Sterling. WebShearman & Sterling is one of the worlds leading premier global law firms and was established over a century ago. Shearman & Sterling advised IFC on the first housing bond issued in Bangladesh, provided to BRAC Bank Limited. For subsequent seats however, trainees submit a form with five ranked practice groups, including reasons for each of their choices. Go to Work Department. If you previously signed up for the bonus alerts, you dont need to do anything. Were Mansfield certified and, as a firm, we are committed to fostering a diverse, inclusive and safe environment for our people, our clients and our communities. The firms initiatives include WISER (Womens Initiative for Success, Excellence and Retention), BLAQUE (Black Lawyers Aligned in the Quest for Excellence), AACES (Asian Attorneys for Community, Empowerment and Success), and finally: BUILD (Black Undergraduate Internship & Lawyer Development). We have all the official programs for inclusion and whatnot, but looking at a case-by-case level, there are definitely many more men. We heard that in addition to there not being many senior women, those that were there are hired laterally, rather than making it through. However, on a more positive note, we did hear the firm's commitment to associates and partners with children is notable, which may help move the needle. Chambers Global once again recognized Shearman & Sterling as a leading firm for international and cross-border work across the Americas, Asia, Europe and the Middle East. Be prepared, think of relevant, unique questions to ask your interviewers. Shearman & Sterling advised Abu Dhabi Future Energy Company PJSC (Masdar) and PT PJB Investasi (PJBI), a subsidiary of Indonesian state-owned offtaker PT PLN (Persero), on the $114 million financing of a 145MWac floating solar photovoltaic power project on the Cirata Reservoir in Indonesia. With todays practice management tech, its easier than you think. 599 Lexington Avenue Shearman & Sterling continues to garner recognition in the 2023 edition of Chambers UK receiving 35 rankings in the new edition, including 13 practice and 22 individual rankings. In this regard, we will also be increasing our counsel base salaries by $15,000. Banking and finance clients: Bank of America, Credit Suisse, Goldman Sachs, and JPMorgan Chase. Theres plenty of room for pro bono work at Shearman too, with a dedicated pro bono point person (shoutout to Nina!) Our core values of excellence, integrity, client focus, teamwork, energy and diversity are present in everything we do. Weve also hired a lot of strong lateral candidates as well as making internal promotions over the last two years expanding core practice areas. The key to our success in this space is not just seeing data in isolation but efficiently integrating people, processes and technology. In all of these offices, the goal of the program is to give law students the opportunity to learn as much as possible about our firm, its practice areas, and the nature of the legal practice generally. If you show youre interested and can handle it, youre given that responsibility., Ive done a broad range of litigation work, one associate proudly told us. Of the 113 practice rankings, 12 were in Band 1. Some decide to rotate through one of our corporate groups and then spend the second rotation in Litigation. Expert commentators deliver thought leadership on key topics across the legal market. Shearman & Sterling represented the initial purchasers in connection with Shinsun Holdings (Group) Co., Ltd.s debut offering of $200 million 10.5% senior notes due 2022. Sorsby says We intentionally designed a separate assessment day so that we could use the vacation scheme as an experience. In 2021, Shearman interviewed students from over 30 law schools both on campus and through job fairs. Shearman & Sterling advised Citigroup Global Markets Ltd. as the global coordinator, sole bookrunner and representative of the underwriters of the initial public offering of Black Spade Acquisition Co of 16,900,000 units at an offering price of $10 per unit on the New York Stock Exchange. Sources are required to do a minimum of 25 pro bono hours and can count unlimited hours toward their billable total. If its the international side of the firms work that youre keen on, then there arent many places youll find more of it than in international arbitration. Expert At Losing Is Big Mad He Didnt Make It To The Bench: Id say better luck next time, but I dont want to waste my good favors. The combination of our extensive experience and global presence enables us to provide clients with swift, coordinated and effective advice on a variety of tax issues in multiple jurisdictions. Summer associate programs of varying sizes are offered in our Austin, Dallas, Houston, Menlo Park, New York,San Francisco, Toronto, and Washington, DC offices. We like to see that, at the very least, candidates attended firm open days or other non-assessed events that shows they're committed to a career in the law., Around 5% of applicants go on to a first-round interview. Our clients rely on our tax planning at every stage of a transaction, from early planning to successful conclusion, and recognize and appreciate our creativity in solving complex tax issues, both local and cross-border. Shearman & Sterling training contract review 2023. Our rankings can't be bought or influenced externally. DaFa Properties Group Limiteds $100 million Senior Notes Offering. WebA two-week vacation scheme is run in both spring and summer, with around 14 students attending each. Registration or use of this site constitutes acceptance of our Terms of Service and Privacy Policy.
We acknowledged that 2020 was a challenging year for the firm as we faced up to and embraced the need to reshape our business. Access the latest guides, updates, thought-leadership and events for the legal profession. The Global Legal News You Need, When You Need It, Navigating Economic Uncertainty: 6 Tips To Keep Your Investments On Track, Managing Director at RPN Executive Search, The Changing L&E Landscape: How To Navigate Investigations, The Client Service A-Team: Ranking The Biglaw Superheroes Of Client Service (2023), Stop, Drop, And Reenroll: How Medicaid Redeterminations, Renewals, And Disenrollment Can Affect The Revenue Cycle, Firm Fraud And The Man Who Gave Too Much -- See Also, You have to carry the 1 very hard to turn $18k into $100k, Id say better luck next time, but I dont want to waste my good favors, Which of these lunch luchadores will reign supreme, Firm Fraud And The Man Who Gave Too Much See Also, Thomson Reuters Practical Law The Journal: Transactions & Business, The State Of Todays Corporate Law Departments, MyCase Continues To Simplify Law Firm Accounting, Right Where You Manage Your Practice, Meet LINK: The Easy Way To Handle All Your Document Workflows On Your Mobile Device In A Single App, Four Tips For Solo Attorneys To Build Their Marketing And Media Relations Skills, First Impressions Are Worth Millions For Summers. WebThe Inside View on Shearman & Sterling. We encourage our lawyers to work together to affect change for those who need it most. The number of vacation days was also similar with Shearman associates taking about eight-and-a-half days a year. We might arrange for them to have a coffee with a partner from that department, for example.. But its not just the firms reach that makes S&S one of the USs most recognizable names. That is how you will learn the most and leave the best impression on those with whom you work.. Shearman & Sterling 2023 | Attorney Advertising, Committee on Foreign Investment in the United States (CFIUS), Financial Institutions Advisory & Financial Regulatory, Environmental, Social and Governance (ESG), EU General Data Protection Regulation (GDPR), Future of Financial Services Regulation in the UK, Global Compliance & Anticorruption (FCPA), Special Economic Zone and Regulatory Drafting. Failure equals feedback Rejection in law does not always mean your doing something wrong because it is a highly competitive field, however it could mean and 'Why Shearman & Sterling?' Shearman & Sterling 2023 | Attorney Advertising, Committee on Foreign Investment in the United States (CFIUS), Financial Institutions Advisory & Financial Regulatory, Environmental, Social and Governance (ESG), EU General Data Protection Regulation (GDPR), Future of Financial Services Regulation in the UK, Global Compliance & Anticorruption (FCPA), Special Economic Zone and Regulatory Drafting. For junior associates, the word 'prestige' showed up several times as a reason for joining the firm. Nor is it the fact that the firm does everything transactional and litigious, nor that it represents a plethora of household names. KWG Group Holdings Limiteds $258 Million Tap Offerings. If youre interested in splitting your summer, we encourage you to mention this at the outset of the interview process. Shearman & Sterling represented J.P. Morgan as the initial purchaser in connection with KWG Group Holdings Limiteds tap offering of $158 million 7.40% senior notes due 2024.