US law firm Shearman Sterling recently announced that it was appointing Whitney Pidot to be its new managing partner for Asia, based in Singapore. Pidot is the ex-managing partner for the firm worldwide and his appointment is a sign that Shearman Sterling is taking its practice seriously in Asia.
For the past decade the firm has focused on expanding out of the narrow confines of pure US securities law, with a localization policy, initially in Europe and more recently in Asia. For instance, in Singapore last year it established a joint law venture with local firm Stamford, which is headed by Lee Suet Fern, one of the most impressive and best connected lawyers in...