Shearman & Sterling is experiencing a significant change in its private equity team in Paris with the departure of four of its partners. Xavier Norlain, Jeremy Scemama, Maud Manon, and Matthieu Lampel, eminent figures in corporate/private equity, have decided to leave the firm, having spent just over two years with Shearman. It is observed that they made their move to Shearman in 2021 after parting ways from DLA Piper in Paris.
This restructuring occurs on the cusp of a key moment for the firm, as a merger vote with Allen & Overy is anticipated in the coming month. Despite the recent departures, the firm’s strategy and direction going forward remain to be seen as discussions and deliberations progress.
Informed sources indicate that the team of four partners will soon be joining Proskauer Rose, marking yet another significant career movement within the intricacies of the global legal landscape. Shuffling of teams among firms is a recurring theme in the industry, reflecting the evolving needs of legal professionals and their clients.
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