Shearman & Sterling has strengthened its London M&A offering with the addition of a partner from key rival White & Case.
Partner Michael Mountain joins the firm after a nine-year stretch at White & Case where he made partner over three years ago, according to a firm statement.
Prior to that, Mountain trained and qualified at Slaughter and May where he remained for three years before joining White & Case, according to his LinkedIn profile.
Mountain advises clients on a broad range of corporate transactions, including M&A, private equity and joint ventures. During his time at White & Case, Mountain worked on matters including the financial restructuring of Fat Face and advising GSO Capital Partners, according to the firm’s website. According to a person with knowledge of the matter, Mountain left White & Case at the end of March.
Shearman has in recent months endeavored to expand its European corporate and finance practices. On Wednesday, it hired another White & Case partner, Florian Ziegler, in Germany, the fifth lateral hire in mainland Europe this year after the firm also hired a quartet from DLA Piper in Paris at the tail end of 2021.
The firm has experienced notable headcount growth in their London office. In March 2021, it hired Travers Smith corporate M&A and equity capital markets head Phil Cheveley, and in February this year, it hired corporate partner Maegen Morrison from Hogan Lovells. For White & Case, the departure is the latest among several over the past year across its European hubs. In September 2021, the firm lost two London partners in the space of two days after tax partner Peita Menon left for Vinson & Elkins and finance partner Tom Bartlett for Latham & Watkins.
Earlier this year, financial regulatory partner Julia Smithers Excell left to return to an in-house role after four years. The firm most recently lost Brussels local partner Alexandra Rogers to Norton Rose Fulbright. The firm has, however, made efforts to rebuild its ranks, making two lateral hires to their London office this year, including Winston Strawn debt finance partner Monica Barton in June and M&A partner David Lewis earlier in January.
Commenting on the new addition, Phil Cheveley, head of Shearman’s M&A practice in EMEA and Asia, said: “Michael’s appointment further demonstrates our ongoing commitment to invest in the growth of our London corporate team, and is part of our strategy to expand our M&A and private equity capabilities globally.”
A White & Case spokesperson said: “We can confirm that Michael Mountain has left White & Case. We wish him well in the future.”