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One Year of Eversheds Sutherland

One Year of Eversheds Sutherland

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    01-02-2018

    February 1, 2018 — Launched on February 1, 2017, Eversheds Sutherland was created through the combination of leading law firms Eversheds and Sutherland Asbill & Brennan LLP. Today, the global law practice celebrates its first anniversary and a year which has been marked by a series of key milestones and achievements.

    Stronger together. Since joining forces, Eversheds Sutherland’s in-depth experience and broad reach have benefitted clients in meaningful new ways and across new jurisdictions. Fortunate to collectively act for 61 of the FTSE 100, 72 of the Fortune 100 and 120 of the Fortune 200, a few highlights include:  

    • Supporting Turkish Airlines as its sole outside legal provider in its endeavor to increase operational efficiency by helping it achieve cost certainty, consistent billing practice and performance measurement
    • Helping DB Engineering and Consulting on its successful bid to construct the first high-speed railway in California  
    • Successfully appointed to Smiths’ global panel to provide M&A services

    Global service. To ensure the highest level of support for clients around the world, Eversheds Sutherland has expanded its extensive global platform to more than 2,400 lawyers in 66 offices in 32 jurisdictions across Africa, Asia, Europe, the Middle East and the United States through the:  

    • launch of Eversheds Harry Elias in Singapore and Brunei Darussalam  
    • Düsseldorf office opening  
    • Luxembourg office opening  
    • St Petersburg office opening  
    • Moscow office opening

    In addition, a network of more than 200 related law firms, including formalized alliances in Latin America, Asia Pacific and Africa, provide additional support around the globe.

    Investing in people. Since its launch, Eversheds Sutherland has added exceptional talent to better service its clients. The law practice is quickly approaching 5,000 people and has expanded its team of outstanding partners around the world through both promotion and attracting lateral talent, including:  

    • 23 partner promotions with a further 17 with effect from 1 January 2018  
    • 27 lateral partner hires

    Our Partner Conference in June 2017 brought together more than 650 partners from around the world and we have created several successful programs for the benefit of our people and communities, including:  

    • the Pass the Baton program, Eversheds Sutherland’s global exchange platform to help bring people together from all offices to further strengthen its common culture  
    • all 66 offices coming together to celebrate International Women’s Day  
    • running 2,727,034 steps around the world to raise more than €10,000 for WaterAid during Global Running Day

    A powerful combination. The past year has seen Eversheds Sutherland and its talented lawyers recognized by clients and legal commentators alike. Recent recognitions include:  

    • Top 15 global law firm – Law360
    • Top 20 global law firm – Acritas
    • #1 UK law firm – Acritas
    • Top 15 firm for training – Vault
    • Top 50 Employers for Women – The Times  
    • Top 100 Employers for LGBT – Stonewall  
    • 56 attorneys and 19 practice areas recognized by Chambers USA 2017  
    • 106 attorneys ranked as leading individuals by Chambers Europe 2016  
    • 154 practice areas rankings in Legal 500 EMEA  
    • 80 attorneys recognized in The Best Lawyers of America 2018  
    • ‘Deal of the Year’ for the combination – ACG Atlanta  
    • ‘Legal Services Innovation Award’ – Legal Week  
    • ‘Most Recommended Law Firm’ corporate counsel are willing to bet reputation on – BTI  
    • ‘Visionary Firm of the Year’ – Asia MENA Counsel In-House Community  
    • ‘George V. Vashon Innovator Award’ – Minority Corporate Counsel Association  
    • ‘Real Estate Team of the Year’ – The Lawyer

    Financial performance. Also announced today are Eversheds Sutherland’s first-year headline financials. Global revenues for the year ending December 31, 2017 were US$1.03 billion, an increase of 5% on the previous year.

    Lee Ranson, Co-CEO, commented, “By any measure, we have had an excellent first year as Eversheds Sutherland. Clients were the primary driver for bringing our legacy firms together and the success we have had in winning new clients and growing our business with existing clients has exceeded all our expectations and promises well for the future.”

    Mark Wasserman, Co-CEO, added, “We are very fortunate to have clients who entrusted us with some of their most important and significant matters in 2017. Our growth in the last 12 months is a direct result of the strong collaborative culture that brought us together. Looking ahead, I am confident that our unrelenting focus and commitment to our clients and our people will drive our continued success.”

    For more information contact

    Lee Ranson, Co-Chief Executive Officer
    Mark D. Wasserman, Managing Partner

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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