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05 February 2015

Shearman plans move into Africa through Egypt base

The 850-lawyer global firm is planning to focus on international arbitration and projects in a Cairo presence through an associated office.

By Neasa MacErlean

Shearman & Sterling is attracted to Egypt Sophie McAulay

Shearman is one of the firms which have been attracted to Egypt as the country appears to offer greater stabililty and business opportunities as it rebuilds after the 2011 revolution. Foreign firms cannot tie up with local firms so an associated office is an alternative. 

Paris connection

Plans are being driven by the international arbitration team based in Paris. There are at least ten partners in the firm with substantial practices in the African continent. Source: Legal Business

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