Shearman & Sterling maintained its listing in Law360’s “Global 20,” an annual list of the 20 law firms with the broadest global reach and the proven ability to handle the most difficult cross-border matters. The firm has been ranked every year since the Global 20’s inception in 2011.
According to Law360, firms are ranked based on five factors: (1) the percentage of the firm's attorneys located outside its home country; (2) the number of offices outside the firm's home country; (3) the number of countries where the firm has at least one office; (4) the practice area breadth of the firm’s cross-border and international work; and (5) the size and complexity of the firm's cross-border and international work.
In a feature article about Shearman & Sterling’s ranking, Law360 highlights the firm’s work on the largest IPO by a South American business in seven years (PagSeguro Digital Ltd.’s $2.6 billion IPO), the restructuring of a European company doing business on five continents (Frigoglass Group) and the opening of two Texas offices (Austin and Houston).
“What’s unique about us is the quality of our transactions,” said Senior Partner David Beveridge. “If you look at other firms, some of them are bigger, but they don’t have the significant transactions and the ‘biggests’ and the ‘firsts’ to the extent that we do.”