Registration or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Competition for training contracts at Shearman & Sterling is increasingly fierce. 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. Traditionally an AmLaw top 50 firm, the New York-based firm has seven offices around the US and a further 18 international offices. The firms lawyers are true business partners to their clients and pride themselves on forming long-standing working relationships, while navigating shifting regulations and market developments, to help clients succeed. Here, they give you a taste of what its really like as a trainee.. We have focused on enhancing our data and technology, increasing efficiency, profitability and maximizing the service we offer our clients. opportunities in developing areas of renewable energy and green power.. We have over 200 researchers upholding the highest standards of ranking, data and insights. Technology also helps us serve our clients better, because we can do document reviews and use the tech to produce drafts and communicate better. In the early 1970s, long before Raheem Sterling was on the scene, another famous Sterling pulled on an England shirt. Theres plenty of room for pro bono work at Shearman too, with a dedicated pro bono point person (shoutout to Nina!) Theres also Shearmans Summer Associate University, a formal professional development program that deliverstraining on a variety of topics throughoutthe summer. 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. He adds that "were focused on our strategy of driving the right business mix to align with market opportunities. Youre exposed to the entire spectrum and you do work everywhere. Interviewees also noted that lawyers can choose to specialize, but that theres no pressure to do so. 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 Gain Our training contract programme During your two-year training contract, you will have four seat rotations, with six months spent in each seat. KWG Group Holdings Limiteds $258 Million Tap Offerings. He goes on to tell us that supervisors are told to treat vac schemers as they would a first seat trainee. We might arrange for them to have a coffee with a partner from that department, for example.. Sponsored Shearman & Sterling represented the initial purchasers in connection with Skyfame International Holdings Limiteds offering of $112 million 13% senior notes due 2023, unconditionally and irrevocably guaranteed by Skyfame Realty (Holdings) Limited. Leading Barristers on display in viewing platform privacy case, High Court rules on question of Russian sanctions, The start of the new UK Subsidy Control Regime, The growth in female lawyer rankings in Africa, Chambers Engage Diversity & Inclusion Summit 2022, Chambers International Capabilities Quadrants, Access your personalised data and analytics. Its fast-paced, but you are never needlessly busy, a trainee told us. When it comes to seat allocation, incoming trainees wont get a choice over their first seat, with each of the newbies placed according to business need. With todays practice management tech, its easier than you think. CA:How has the rise in legal technology affected the firm? WebShearman & Sterling is one of the worlds leading law firms, serving the domestic and cross-border needs of an impressive roster of clients. The drive behind the groups is to promote visibility in the firm through talks, socials and other events bringing groups together. While sources noted a discouraging amount of diverse partners, looking at the juniors, it is clear that progress is being made. At Shearman & Sterling, engaging in pro bono work and community service is an essential aspect of the firm. 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 vac schemes run for two weeks and there's room for up to ten candidates on each. We want to know whether the student has exhibited some of the competencies we feel are critical to be a successful associate.Questions are more in-depth at this stage and students are expected to articulate why they are interested inBigLawand why they are drawn to Shearman in particular. As soon as your firms memo comes out, pleaseemail it to us(subject line: [Firm Name] Salary) or text us (646-820-8477). Shearman & Sterling represented the dealer managers in connection with the exchange offer by Guangdong Hong Kong Greater Bay Area Holdings Limited of any and all of its outstanding 14% senior notes due 2021 for 13.85% senior notes due 2023. who circulates opportunities weekly via email. newyork.recruiting@shearman.com. [Law360], * Diploma mills fight back against student loan forgiveness making their value proposition to students even worse? Consistent with best practice, our interviewers askbehavioralquestions to reduce implicitbiases in the interview setting,says Nathanson. The firm was recognized with 106 practice and The firm leverages the use of smart technology in all of its client work through its innovative data management system, Shearman Analytics, which provides a leading edge in staffing matters leanly and effectively. Join the world's leading law firms and lawyers. Clients hail from a range of sectors, including banking, media and aerospace. The need for this commitment from lawyers especially is more essential now than ever. Join us and see the impact of Gen Z is having on L&E investigations and the decision-making process it adds to your law firm. Submit by the dates shown. Regularly advises on complex tax planning and structuring matters. WebIf you are a law school student interested in applying for a U.S. track summer associate or entry-level position in any of our offices, please contact: Trevor Mathews Director, Legal New York, NY 10022 Shearman & Sterling represented the initial purchasers in connection with KWG Group Holdings Limiteds offering of $378 million 6% senior notes due 2026. Trainees whod experienced other vac schemes were won over by Shearman & Sterling: Some firms give you fake pieces of work and put on too many socials. Ensure your law firm is seen by the right audience. Access the latest guides, updates, thought-leadership and events for the legal profession. Duddell Street Acquisition Corp.s Business Combination with FiscalNote Holdings, Inc. Shearman & Sterling represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC in connection with Duddell Street Acquisition Corp. (Duddell Street)'s business combination with FiscalNote Holdings, Inc. (FiscalNote). Introducing the best small firms in Texas recognized for their strengths in dispute resolution, corporate/commercial, labor & employment and intellectual property matters. eHi Car Services Limited's $300 Million Senior Notes Offering and Concurrent Tender Offer. Be proactive about your career and take advantage of every assignment and every opportunity given to you. 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. Which firms are among the best of the best? We acknowledged that 2020 was a challenging year for the firm as we faced up to and embraced the need to reshape our business. 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. If youre proactive, then people will give you the platform to do the work. Sorsby says We intentionally designed a separate assessment day so that we could use the vacation scheme as an experience. IFC Issues First Housing Bond in Bangladesh. Learn more about Pro Bono at Shearman & Sterling. At a base level, future trainees need a minimum AAB at A level and 2:1 degree. We will never sell or share your information without your consent. One area the firm did outstrip the market was in its efforts to address climate change. Spicy Conflict Over A Chicken Bowl: Which of these lunch luchadores will reign supreme? WebShearman & Sterling LLP CORSO VENEZIA 16 20121, MILAN Italy Email firm Visit website 39 02 00 64 15 00 39 02 00 64 15 55 Firm Profile Go to Work Department Position Career Languages Education Lawyer Rankings Avv Emanuele Trucco +39 02 0064 1500 emanuele.trucco@shearman.com Work Department Capital Markets and M&A Position The firm was recognized with 106 practice and individual rankings for excellence representing clients across our practices and industries throughout the United States. For those trainees hoping for the luck of the draw, the projects development & finance (PDF) seat is one plenty will have their eye on. Theres no other way to put it. 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. Guangzhou Fineland Real Estate Developments Exchange Offer and Concurrent New Money Offering. WebOpen Day - for state school educated students - Shearman & Sterling. Then one or two associates usually take the candidate to an informal lunch or coffee. However, gender diversity was said to need some improvement at partner level. How will you rank? As a global law firm, diversity and inclusion are part of our fabric, interwoven in who we are and all we do. Heres How. Examples include domestic family law clinics, supporting children obtain refugee status and amnesty for death row inmates. Better understand how to retain key clients, differentiate your law firm and improve your reputation and ranking. It was less hierarchical, we heard, and so I worked with partners all the time. Sources are required to do a minimum of 25 pro bono hours and can count unlimited hours toward their billable total. So, if you want to do an IPO you can reach out to the staffing partner. [LegalCheek], * Senior associate says the quiet part out loud when it comes to the Biglaw workload. The firm now recruits exclusively through its vacation scheme. 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, Learn more about diversity & inclusion at Shearman & Sterling, Learn more about Pro Bono at Shearman & Sterling. Shearman offers young attorneys unparalleled opportunities to learn from and work with great people and interesting clients. Thats the nature of the business; banks do a lot of deals., The firms finance group does a variety of things. Sources also mentioned that if youre no longer interested in a career in BigLaw, the firm will help you navigate out of BigLaw.. 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. We also expect candidates to be able to speak knowledgeably about our place in the industry at large, Gascoyne says. Pro bono was another area that received praise from our sources. * British researchers determine that defendants opting to take their oath on non-religious texts are more likely to be convicted. Indeed, trainees told us that it is almost certain you will have to work evenings and the odd weekend at some point. Hoursgenerally start at 9.30am and finish around 7.30pm on average, but dont fret too much: time off is well respected, and most teams track it if you are working more than four hours at the weekend. Trainees felt well compensated for these hours too. 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? S&S worked on the acquisition of Liverpool FC by its current owners, signaling a return to winning ways. When trainees are working those longer hours, theres a 30 allowance for deliveries and taxis. Forget Sterling Silver Shearman is going for gold! 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. In addition to weekly or biweekly training programs, the firm hosts several social events to help summer associates get to know each otherand the firmin a more informal setting. The firms litigation teams took around a third of the juniors on our list. We know that the continued success of our firm, our people and our clients are inextricably bound, and require that we reflect the variety of perspectives and backgrounds represented in our ever more interdependent world. So I guess youre better off lying under oath that youre religious? Learn more about the training contract on the firm's website 9 Appold Street, Broadgate West, London, EC2A 2AP Website www.shearman.com, Shearman & Sterling's graduate careers page. Advised Morgan Stanley on a c. $2.5 billion financing as part of Culligan Internationals acquisition by BDT Capital Partners. In addition to lunches and dinners, summer associates are invited to attend a number of social events throughout the summer. The students are paid a juicy 400 per week. How you can get through current challenges while advancing long-term goals. But its not just the firms reach that makes S&S one of the USs most recognizable names. , signaling a return to winning ways every assignment and every opportunity given to you contracts at Shearman Sterling! Billion financing as part of our fabric, interwoven in who we are and all we do long Raheem! Needs of shearman and sterling chambers student impressive roster of clients supporting children obtain refugee status and amnesty for death row inmates a in. There 's room for pro bono was another area that received praise our! Trainees told us that it is clear that progress is being made one or two associates usually take the to! Among the best of the best that we could use the vacation scheme that defendants to! To Nina! British researchers determine that defendants opting to take their oath on non-religious texts are more to! 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