Silence Is Golden When Partners Leave for Top SEC Posts
Law firms whose partners leave for plum jobs with the SEC are not touting the moves.
July 11, 2017 at 05:19 PM
3 minute read
Shearman & Sterling's marketing department deposited nary a word on the firm's website when the Trump administration announced last month that Robert Evans, a firm partner at the time, would become deputy of the Securities and Exchange Commission's division of corporate finance.
Previously, when the Trump White House tapped William Hinman, a retired Simpson Thacher & Bartlett partner, to serve as the director of the SEC's corporate finance division, that firm, too, kept quiet.
Similarly, earlier this spring, when Jay Clayton, then a Sullivan & Cromwell partner, left to become the SEC's chairman and tapped his former partner, Steven Peikin, to be co-director of the agency's enforcement division, their firm's marketing team stayed mum.
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