Shearman & Sterling, a firm slated for a significant planned merger vote with Allen & Overy next month, has experienced a considerable loss in its Paris team. Four partners from its private equity division have announced their departures. The partners in question include Xavier Norlain, Jeremy Scemama, Maud Manon, and Matthieu Lampel, all prominent entities in the realm of corporate/private equity law.
This four-member team has spent a comparatively brief tenure of just over two years with Shearman, having transitioned from DLA Piper in Paris in 2021. Their departure comes at a crucial time for the firm as they gear up for the proposed merger.
According to information from a reliable individual close to the proceedings, the departed quartet will be associating with Proskauer Rose within a few weeks. As the full details of the transition are behind a paywall, further information regarding the developments is presently restricted.
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