The merger talks-prompted exodus from Shearman & Sterling continued in recent days with the loss of EMEA and Asia M&A head Philip Cheveley to Sidley Austin in London.
The blow to Shearman will be even more keenly felt since the move represents a reversal for one of its stated ambitions to focus on corporate, and because Cheveley only joined from Travers Smith less than two years ago, in March 2021.
