Shearman & Sterling received a prestigious award for Legal Expertise at the FT Asia-Pacific Innovative Lawyers Awards on June 1, 2017. The firm’s groundbreaking matter – the US$4.3 billion Central Java independent power project (IPP) – was recognized for innovation, specifically for “managing complexity and scale.” The firm’s role advising on two other precedent-setting transactions (LRT 1 Project and Phoenix Healthcare) was also acknowledged and ranked by the FT:
“We are very pleased to be recognized for our work advising clients on some of Asia’s most exciting, challenging and groundbreaking transactions,” said Bill McCormack, Shearman & Sterling’s Asia Co-Managing Partner. “This award confirms the strength of our Asia practice and showcases how our innovative work distinguishes the service we provide. We are constantly looking to improve our service, to help clients anticipate, prepare for and respond to market changes, and meet the challenges ahead of them.”
The FT Asia-Pacific Innovative Lawyers Report 2017 recognizes the law firms behind the most transformational transactions in the region, the in-house legal teams that are adding the most value to business and the most innovative individuals in the industry.