Shearman & Sterling was finally granted a license to open in Shanghai today; the firm expects to open the new office later this spring. This will be the third office in the firm’s China operations after those in Hong Kong and Beijing. Corporate partner Andrew Ruff will head the new office; he has worked in the region for over 10 years focusing on M&A, infrastructure projects, and project finance. Chicago firm McDermott Will & Emery also launched in Shanghai this year.
Source: www.legalweek.com