What’s magical about $3 billion in income? It’s rarified air for regulation corporations–solely 5 on this planet cracked the brink in 2021.
And it was one of many important 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 price a more in-depth take a look at what, in a manner, seems like an effort by the agency to show again the clock.