After being selected as a Law360 White Collar Group of the Year in December, Shearman & Sterling’s white collar practice has now been featured in a profile by Law360. This is the second time in three years that the group has received this award.
This award honors those practice groups that achieved the most significant white collar victories from October 1, 2014 to October 1, 2015. Now in its sixth year, the Practice Group of the Year series drew 730 submissions in 2015, and winners were selected for the size, complexity and significance of the litigation work.
The profile highlights the complete victory that Shearman & Sterling was able to achieve for client Todd Newman in “one of the most closely watched white collar cases in recent years,” and one that has already “had a wide ripple effect.” In addition, the team was commended for securing a favorable settlement for a Bank of New York Mellon executive who was accused of trading violations.
Described as a “go-to shop for financial institutions,” the group’s work on high-profile internal investigations and reputation as the “counsel of choice for heavyweight” financial institutions on numerous benchmarking class actions and investigations contributed to the group’s selection as a White Collar Group of the Year.
Shearman & Sterling was also commended for the global scale and “broad spectrum of the firm’s white collar capabilities,” which include insider trading matters and internal investigations, FCPA and anti-corruption work, criminal antitrust proceedings in the US and the EU, and economic sanctions cases, among others.
Regarding the team overall, Adam Hakki, global head of the Litigation Group, noted that Shearman & Sterling has “a really good team of well-regarded former government lawyers who are really strong trial lawyers, and we’ve got a lot of good young white collar lawyers, which I think bodes well for the future.”
Click here to read the full Law360 profile.