Shearman parts with 30-lawyer Mannheim arm
Shearman & Sterling has parted company with its Mannheim office, which has broken away to launch its own firm. The break-off of the Mannheim office was announced to partners in an internal email today (22 April), with Shearman set to lose around 30 lawyers, including nine partners.
April 22, 2008 at 11:56 AM
2 minute read
Shearman & Sterling has parted company with its Mannheim office, which has broken away to launch its own firm.
The break-off of the Mannheim office was announced to partners in an internal email today (22 April), with Shearman set to lose around 30 lawyers, including nine partners.
Office head and M&A heavyweight Jochem Reichert leaves Shearman along with corporate partners Martin Winter, Heino Rueck, Stephan Harbarth and Thomas Liebscher; intellectual property partner Thomas Naegele; employment partner Georg Jaeger; antitrust partner Hans-Joachim Hellmann; and the head of Shearman's German private client group, Stephan Scherer.
It is understood the new practice will operate as Schilling Zutt & Anschuetz – its name before agreeing a tie-up with the US firm in 2000.
The news comes with Shearman set to appoint Harald Selzner as German co-managing partner alongside long-serving regional chief Georg Thoma.
Selzner has been a partner in the corporate group at Shearman since 2000, specialising in M&A and private equity, corporate reorganisations and public takeovers. In February, the Duesseldorf-based partner was appointed head of Shearman's European M&A practice.
They will be supported by practice group leaders Hans Jurgen Meyer-Lindemann (antitrust); Stephan Hutter (capital markets); Thomas Koenig (M&A); Gottfried Breuninger (tax); and Rainer Wilke, who will focus on recruiting and personnel.
Recent departures from Shearman's German arm include Duesseldorf M&A partner Birgit Reese, who joined Allen & Overy (A&O) at the end of last month with one associate. She followed in the footsteps of Shearman's former global co-head of M&A, Rolf Koerfer, who joined A&O in Duesseldorf in January.
Last year, Munich-based finance partner Andreas Diem left for Latham & Watkins, while Frankfurt banking partner Johannes Kremer moved to Skadden Arps Slate Meagher & Flom.
Shearman, which is left with offices in Frankfurt, Duesseldorf and Munich, declined to comment.
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