Shearman & Sterling
-
Morning Docket
Morning Docket: 05.22.23
* Allen & Overy finally finds its American match, announcing a deal with Shearman & Sterling. The new firm will be called “A&O Shearman”… for a couple of months before we just call it “Allen & Overy.” [Law360]
* Biden seems unwilling to invoke the Fourteenth Amendment to avoid a government shutdown, though it’s not clear why since there wouldn’t be any injured plaintiff. [Reuters]
* Not that having a viable legal theory matters much to this Supreme Court. So why does the media bend over backward to frame opinions through a legal lens? In fairness, Above the Law more or less stopped trying to do that years ago. [Slate]
* A former Lewis Brisbois COO alleged financial shenanigans back in 2019. Not saying these rumors contributed to over 100 lawyers bailed, but they can’t have helped. [American Lawyer]
* Meta, the artist formerly known as Facebook and likely subsequently to be known as Facebook, receives 1.3 billion Euro fine for GDPR data privacy violations. [The Verge]
* Ty Cobb thinks Trump will end up in jail over classified documents. So don’t expect Cobb to be rejoining the legal team. [Newsweek]
* January 6 probe triggers secretive hearing involving WilmerHale — likely over social media data. [Politico]
-
Biglaw
Shearman's New Leader Is Very Busy Refuting Rumors About The Firm's Alleged Financial Struggles
Don't pay attention to the Biglaw gossip, the firm is simply 'thriving.' - Sponsored
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
In this CLE-eligible webinar, we’ll explore the most common accounting pitfalls and how to avoid them for your firm. -
-
Morning Docket
Morning Docket: 03.27.23
* “This is our third major financial crisis,” said Sullivan’s Mitchell Eitel describing his experience weathering the legal fallout of economic troubles. Remember the 50 years where we didn’t have major bank collapses? Maybe we were all onto something. [Bloomberg Law News]
* Supreme Court to hear more argument about law banning speech about illegal immigration and practically deployed to surveil journalists. [Courthouse News Service]
* “Utah governor: Social media law limiting minors’ access not ‘foolproof.'” I think he meant to say “constitutional.” [Axios]
* Purdue’s online law school seeks permission to send graduates to the bar exam. Because rather than regulate legal education to graduate lawyers who can practice immediately or require a comprehensive exam for any interested potential practitioner, we have BOTH. [Journal Gazette]
* Someone leaked Twitter’s source code online in latest development from clown car central. [Reuters]
* Shearman revenue down 10 percent and partner profits off 17.5 percent. No wonder they were so hot to merge. [American Lawyer]
* New York will take another stab at selecting a Chief Judge. [Law360]
-
Biglaw
Shearman Names New Leader After Merger Talks Flop
It's time for someone new to take charge at the firm. -
Biglaw
Biglaw Firm Feels The Weight Of The World On Its Shoulders After Merger Talks Fall Apart
The firm needs try really hard to hold on tight to its top talent right now. -
Biglaw
Rumored Merger Between Hogan Lovells And Shearman Scrapped
The proposed mega firm won't be happening. -
Biglaw
Shearman & Sterling Announces Layoffs -- Associates And Staff Impacted By The Cuts
Layoff news is never good for a major law firm. - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Morning Docket
Morning Docket: 01.27.23
* There’s a lot to say about Brett Kavanaugh’s speech at Notre Dame Law School, but he used the opportunity to bash the US News rankings blasting the idea that the publication’s reputation survey can capture the quality of an education. His clerks this Term all went to Harvard, Yale, and Stanford. [CNN]
* Shearman & Sterling used to be a top 5 earning firm. Now it’s banking on a merger — that feels more like a takeover — to save it. What happened? [American Lawyer]
* Forum shopping has gotten to the point where attorneys pushing fringe legal theories have a 100 percent chance of landing a friendly judge. [The Nation]
* Ted Lieu proposes resolution to regulate AI written by AI. I guess we already let oil companies write environmental laws so this isn’t much different. [NBC]
* John Eastman disbarment proceedings coming soon. [The Guardian]
* Republicans target ESG rules. It’s one thing to complain about the SEC, but these proposals would bar investment funds from making demands on companies they own. So much for the free market! [Bloomberg]
-
Biglaw
Firm Telling Associates They Won't Be Getting Bonuses After Claiming To Match Market
This feels like the rug getting pulled out. -
Biglaw
Hogan Lovells And Shearman & Sterling... Potential Merger On The Horizon
Didn't see that coming. -
Biglaw, Sponsored Content
Shearman & Sterling’s Revamped New York Headquarters Sets New Bar For Legal Workplaces
Wellness, sustainability and inclusivity take center stage at the global law firm’s new future-facing property model. -
Biglaw
Looking To Brighten Your Day? This Biglaw Firm Is Giving Thousands Of Reasons To Smile
Benjamins stretching ear to ear like smiles.
Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The Business Case For AI At Your Law Firm
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Legal AI: 3 Steps Law Firms Should Take Now
-
Biglaw
This Biglaw Firm Is Handing Out Up To $25K To Former Lawyers Who Refer New Associates
Who better to help the firm out with recruiting during this hot lateral market? -
Biglaw
Biglaw Firm Hands Out Big Bonus Bucks To Associates -- And Counsel Too
Exciting news. Congrats, everyone! -
Biglaw
Associate Raises? Sure, Man. Counsel Raises? A Sterling Idea!
It's good to finally hear something straightforward about counsel. -
Biglaw
Change In Vacation Policy Causes Consternation At Biglaw Firm
'Unlimited' isn't always a good thing. -
Biglaw
Top 50 Biglaw Firm Gets On Board With Special Spring Bonuses For Associates
Everyone's pretty happy with these bonuses! -
-
Biglaw
Shearman & Sterling -- The Latest Biglaw Firm To Throw Their Hat Into The Fall Special Bonus Ring
Biglaw firms are saying thank you in the best way they know how -- with money.