Legal Business

Shearman & Sterling plans first African office opening

Firm prepares for association in Egypt with energy focus

US law firm Shearman & Sterling is preparing to open an office in Egypt, marking the firm’s first foray into Africa with plans for an international arbitration and projects practice.

Shearman, which has a five-partner office in Abu Dhabi handling project finance and arbitration work, and a satellite operation in Dubai, is hoping to extend its on-the-ground presence in Egypt as investors return to the country after the revolution in 2011.