Shearman & Sterling offices in Washington, D.C. (Photo: Diego M. Radzinschi/ALM)Shearman & Sterling to Open in Dallas, Taking Jones Day Dealmakers
The Am Law 50 firm confirmed it will open a third Texas office, and sources said lateral hires include an M&A group from Jones Day.
February 06, 2020 at 05:44 PM
3 minute read
The original version of this story was published on Texas Lawyer
Showing that Texas remains a hot destination for out-of-state firms, Shearman & Sterling is continuing its rapid expansion in the state, building a new Dallas office.
Shearman, which opened in Austin and Houston in 2018, is expected to launch the Dallas office with an M&A group from Jones Day, according to three legal recruiters and a former Jones Day lawyer. The group includes at least three partners, two sources said.
The Am Law 50 firm confirmed its plans to open a new location in the city, but a spokeswoman for Shearman declined to discuss any hiring for the new office, or details on timing.
Shearman's advance into Texas is another example of intense interest among Big Law firms in the state's legal market. Close to half of all Am Law 200 firms that were not founded in the state have at least one Texas office. Jones Day was among the first non-Texas firms to establish a foothold in the state in the 1980s.
Five M&A partners in Jones Day's Dallas office did not immediately respond to calls seeking comment on the planned move. A spokesman for Jones Day also did not immediately respond.
In a statement, David Beveridge, senior partner at Shearman, said the Dallas office is the latest step in the firm's U.S. expansion strategy.
"This office will complement our teams in Texas and work seamlessly with our broader transactional teams in New York, the Bay Area and globally," Beveridge said.
He added that having a presence in Dallas positions the firm "on the ground" in a fast-growing market, where dozens of Fortune 500 companies in the energy, transportation, technology, telecommunications and health care industries are headquartered. Dallas is also home to many private equity firms, he noted.
Shearman moved into Texas in March 2018, when it added a group of Austin lawyers from Andrews Kurth Kenyon, which soon afterward merged with Hunton & Williams. Two months later, it launched in Houston with lawyers from Baker Botts, Thompson & Knight and Jones Day.
Jack Newsham contributed to this report.
|Read More
Consider This: Nearly Half of the Am Law 200 Have at Least 1 Texas Office
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
'Further Investment in Power' Will Drive Big Law Business—But What About Clean Energy Projects?
6 minute read
Legal Departments Gripe About Outside Counsel but Rarely Talk to Them
4 minute read
As Profits Rise, Law Firms Likely to Make More AI Investments in 2025
Law Firms Mentioned
Trending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
