Shearman & Sterling was awarded “Law Firm of the Year” at the Annual CITY A.M. awards on November 13, 2014. A high-profile fixture in the City of London calendar, these awards recognize the brightest and best across a broad spectrum of businesses including law, accountancy, banking, fund management, insurance and many others.
CITY A.M. commented that “Shearman & Sterling this year posted a 20 percent hike in revenues at its London office, its fourth year of growth in the capital. The multinational firm, which advised Liberty Global on the £15 billion takeover of Virgin Media, reported turnover rising from $112.6 million (£67.61 million) to $134.8 million in the 2012-13 financial year, led by a strong performance in the high yield and finance practices. Led in London by Nicholas Buckworth, the firm also boosted its ties with financial institutions by offering software programs to help its banking clients better navigate regulatory and compliance issues.”
The judging panel included the CEO of WPP Sir Martin Sorrell, Nigel Boardman of Slaughter & May, Chairman of BAE Systems Sir Roger Carr, PwC chairman Ian Powell, BAML chairman of UK investment banking Simon McKenzie-Smith and CEO of Britain's largest investment trust Alliance Trust Katherine Garrett-Cox CBE.