The Shearman & Sterling global antitrust practice that coalesced in the wake of Howrey’s stunning collapse five years ago took considerable damage in 2016.
|Merger ranking||-||Litigation ranking||-||Cartel ranking||-|
|Global head||Stephen Mavroghenis|
|Number of jurisdictions with a competition team||2|
|Counsel and consultants||9|
|Percentage of partners/counsel in Who's Who Legal||29|
|Lateral partner hires||1|
Brussels partner and former Howrey lynchpin Trevor Soames departed to open his own shop while he waits to join Quinn Emanuel Urquhart & Sullivan. Meanwhile, big-name New York partner Beau W Buffier left the firm in September to become the new head of the New York Attorney General’s antitrust bureau. But the team that remains at Shearman – including practice leader Stephen Mavroghenis and fellow Who’s Who Legal: Competition nominees Miguel Rato, Wayne Dale Collins and Christopher R Bright – continues to win cases and give compelling advice to clients across the range of antitrust matters.
Last year, the firm helped Nokia dispose of its HERE mapping system, which required approvals in six jurisdictions around the world, and acted for the sellers in the Medtronic/HeartWare and Danaher/Pall deals. The team also boasts an impressive cartel practice, and its work for Cargolux in Europe culminated in the EU General Court annulling DG Comp’s US$800 million in fines against the alleged air cargo cartel. And, perhaps most notably, the firm remains primary European competition counsel to Qualcomm as the tech company navigates myriad issues before the commission.