What’s magical about $3 billion in income? It’s rarified air for legislation companies–solely 5 on the planet cracked the brink in 2021.
And it was one of many primary targets in Shearman & Sterling’s pursuit of a blockbuster merger, in keeping with experiences detailing the agency’s now aborted discussions with Hogan Lovells. Now that the mud has settled, and Shearman has accelerated its transition to a new leader, it’s value a better take a look at what, in a means, appears like an effort by the agency to show again the clock.