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How Shearman & Sterling fell behind the US legal elite: ‘We were arrogant’

Shearman’s merger talks with Hogan Lovells signal a brand in decline, according to those close to it

Shearman and Sterling is in merger talks with Hogan Lovells
Shearman and Sterling is in merger talks with Hogan Lovells

Shearman & Sterling was one of the original members of New York’s finance law elite.

From Henry Ford and the Rockefeller family to Citibank, Shearman’s lawyers were the trusted hands the titans of US capital relied on since the firm was founded in 1873.

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