Home

Revenues Down at Shearman & Sterling
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Shearman & Sterling reports a 4.9% drop in revenues to $876 million for 2008, and a 9.6% fall in profits per equity partner, to $1.665 million. Revenue per lawyer remained above the million-dollar mark.

The declines posted by Shearman were similar to those reported by Skadden, Arps, Slate, Meagher & Flom, and pretty average when compared to major New York firms that have posted their results.

Shearman is more global than some of its peers, with 45 percent of its lawyers overseas, but less diversified in its practice mix, with only 22 percent of its revenues deriving from disputes.

  
What
Where


One bright spot is the Abu Dhabi office, which is doubling in size. Another is Latin American project finance. A third bright spot is the arbitration group whose top clients are among the world’s most litigious.

Shearman represented Merrill Lynch in its acquisition by Bank of America; and the firm is helping BofA to unwind its derivative contracts with Lehman Brothers.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Attorney

USA-CA-Westlake Village

Small, congenial, well-established Westlake Village, CA, law firm seeking attorney with minimum 10+ ...

Apply now

Legal Assistant

USA-MS-Tupelo

Position Lancaster Law Firm is seeking a full-time legal assistant. The firm assists its clients, p...

Apply now

Part-Time Estate Planning and Elder Law Paralegal

USA-MI-New Baltimore

Chawla Legal Group is looking for an experienced paralegal to help expand into the worlds of probate...

Apply now

FAMILY LAW ASSOCIATE ATTORNEY

USA-FL-Tampa

Seeking a Family Law Associate Attorney with minimum 3-5 years experience in Family Law.  Candi...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Real Estate Attorney

USA-SC-North Charleston

North Charleston office of our client seeks real estate attorney with experience. The candidate will...

Apply Now

Senior Family Law Litigation Attorney

USA-CA-Corona

Corona office of our client seeks senior family law litigation attorney with 10+ years of experience...

Apply Now

Transactional Attorney

USA-IA-Iowa City

Iowa City office of a BCG Attorney Search Top Ranked Law Firm seeks transactional attorney with 2+ y...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top