As capital markets have developed and diversified, we have helped our clients navigate these important changes and take advantage of opportunities. Over the years, our lawyers have had a prominent role in many of the developments that have transformed the capital markets, most notably the growth of the high yield market, the globalization of capital markets and the increase in worldwide privatizations.
Providing U.S., English, French, German, Hong Kong and Italian law advice from our offices in many of the world’s major financial centers, we have the knowledge and skills to counsel clients on complex, multi-jurisdictional transactions as well as important local transactions. Both issuer and underwriter clients rely on us for sophisticated advice on the full range of international securities offerings, regulatory compliance and corporate governance issues. We also regularly advise business enterprises, management, boards of directors and board committees on matters relating to regulatory compliance, Dodd-Frank, Sarbanes-Oxley and corporate law. This breadth of experience has enabled us to assist clients with complex and innovative securities offerings.
We advise on public and private securities offerings, including global offerings, initial public offerings, follow-on equity offerings, convertible and other equity-linked offerings, spinoffs and split-offs, liability management, acquisition finance and leveraged buyouts, investment-grade debt offerings, high yield debt offerings and securitizations. We also advise on securities law and corporate governance issues, including periodic disclosure for domestic and international companies of all sizes, corporate governance advice to boards of directors and their committees, compliance by non-U.S. multinationals subject to U.S. regulatory standards, and advice to trustees and corporate trust intermediaries.
League Table Rankings
Our Capital Markets Group earned numerous top-ten rankings in Thomson Reuters Capital Markets Legal Advisory 2017 Review:
Capital Markets also earned top-ten rankings in Bloomberg’s Capital Markets League Table for 2017:
Legal Directory Rankings & Awards
"They have a strong technical competence and work really hard; they also care passionately about developing relationships with their clients." –Chambers UK, 2018
"The Shearman team is exceptional; they have technical ability combined with commercial instincts and good bench depth." –Chambers UK, 2018
Shearman & Sterling LLP’s clients appreciate the firm’s ‘combination of US and UK law with a practical knowledge and understanding of what is really relevant, as well as the ability to be persuasive and determined.’ –Legal 500 UK, 2017
"The team has always been very responsive and reactive" and recognise the way "they consistently provide good advice in a very fluid manner." –Chambers Global 2017
They are "an excellent team; even when they're on the other side, it's a pleasure to work with them." –Chambers Global 2017
One source comments that any transaction undertaken with the firm has been "seamless" owing to the "high level of expertise, attention to detail and depth of experience" on offer. –Chambers USA 2017
Clients appreciate the team's skill in translating complex legal concepts "so that everyone understands them." –Chambers USA 2017
One client praises the firm's ability to "efficiently comply with deadlines - the team always responds excellently to the needs of the investor, carrying out the work in an engaged and committed manner. The firm's track record and experience in transactions in this market really stand out to me." –Chambers Latin America 2017
Clients praise the team as "very professional, very well organised and very responsive," adding: "They come up with ways around things and solutions, which is super effective – they're real problem solvers." –Chambers UK 2017
Clients say: "They're all very commercial and they're up to speed with all the precedents in the market – you have a law firm that's really got your back. In every point of time you have reassurance that even if you're overlooking something they will bring it to your attention." –Chambers UK 2017
Clients say: "They're swift to respond, they co-ordinate things brilliantly, they're always available and they're practical and pragmatic." –Chambers UK 2017
Another client adds: "What's very useful is their international reach. If I have transactions or questions involving other countries I can get a one-firm approach from the London team, who will liaise with their counterparts." –Chambers UK 2017
Clients praise the firm's cross-border capabilities stating: "They do top-quality work - they have a lot of resources and bandwidth, a global network and can work seamlessly across different practice areas." –Chambers Europe 2017
Clients appreciate the team's attentiveness: "We are satisfied with them, they are professional and dedicated." –Chambers Asia-Pacific 2018
Further, one client adds: "They are excellent. They respond very quickly and provide very useful advice both from a theoretical and practical point of view." –Chambers Asia-Pacific 2018
The team's prowess in bridging cultural gaps is praised by sources, as one observer notes: "They have perfectly bilingual lawyers who are knowledgeable about the US capital market deals." –Chambers Asia-Pacific 2018
We advise boards and senior management on a broad range of governance matters, including shareholder activism, proxy access, shareholder engagement, anti-takeover defenses, board structure and operations, shareholder proposals, executive and director compensation and director self-evaluations. Our lawyers include former SEC directors, former public company general counsel and board members and former federal prosecutors and senior government officials. Since 2003 we have published an annual Corporate Governance and Executive Compensation Survey, which examines the key governance structures and practices of 100 of the largest U.S. public companies.
Shearman & Sterling’s Leveraged Finance lawyers are leaders in the high yield and leveraged bank market. Noted for their in-depth understanding of the business and legal considerations involved in leveraged credits, our lawyers offer a combination of market experience and a broad range of capabilities in the capital markets and the syndicated lending marketplace. We represent commercial banks, investment banks, mezzanine and second-lien providers, private equity sponsors and corporate borrowers. Our team includes lawyers from the global Capital Markets and global Finance teams based in New York, London, Paris, Frankfurt, Milan, Singapore, Hong Kong and Abu Dhabi, working in close collaboration with members of the Financial Restructuring & Insolvency and Project Development & Finance teams when needed.
Clients rely on us for sophisticated, market-recognized advice and deal management for acquisition and other leveraged financings across a wide range of industries, financial sectors and jurisdictions. We provide innovative and creative approaches that anticipate the requirements of all parties to complex, multi-jurisdictional transactions, including: