Shearman’s London office sees 14 per cent increase in revenue

Shearman & Sterling has reported global turnover of $912m, a six per cent increase over last year’s $860.3m. The firm’s London office increased revenue by 14 per cent over 2016, with revenue coming in at $169.7m. Profit per equity partner for Shearman’s global network rose to $2.2m, an 18 per cent increase per 2016. The rise in profit per equity partner came after a decline in 2015. According to London managing partner Nick Buckworth, the growth can be credited in part to the firm’s management restructuring efforts.

Shearman’s London office sees 14 per cent increase in revenue thelawyer.com Fri, Feb 24, 2017