Legal Business

Can Shearman finally get ahead of the curve after 15 years of diminishing returns?

Georgiana Tudor assesses the New York-headquartered firm’s sluggish development

Like all major global law firms, Shearman & Sterling has had its reverses in recent years, albeit a few more than most. The fundamental question that has dogged the firm in Wall Street, London and Germany, is whether this proud US outfit is prepared to move quickly and decisively enough to convincingly get past those setbacks.