Tag Archive for: Shearman & Sterling

Voice of Experience: Ximena Herrera-Bernal, Counsel in the International Arbitration Group; Shearman & Sterling, London

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Xinema

By Cathie Ericson

For counsel Ximena Herrera-Bernal, a multi-cultural background offers plenty of advantages including better emotional intelligence about how to adapt to different cultures and changing environments. Versatility and resilience also come as the result of operating in different legal cultures.  “Starting my career in Latin America, where barriers for women are perhaps more evident than in more developed countries, forced me to developed a thicker skin for the challenges of being a woman lawyer,” she says.

“Early on I found the professional world wasn’t as gender-neutral as might be hoped. You have to learn to deal with those barriers and not let it get to you. However, one can find one’s own strength actually developed because of such obstacles”, she says, adding that it is highly gratifying to see positive change over the years, particularly in Colombia where the number of women working in prominent positions is increasing.

Her multicultural background also ensures she can successfully relate to a diverse clientele, which has been beneficial throughout her journey.

Pivoting to The Ideal Law Specialty

While earning her JD in Colombia, Herrera-Bernal began working at a local law firm, finding it valuable to gain practical experience while completing her studies. She then clerked for two Justices of the Constitutional Court of Colombia. She found this to be an exciting experience, given the country’s historical moment, which involved constitutional reform and the transition of a guerrilla group to civil society. She felt that she was involved in making a difference.

After completing her LL.M. degree at Harvard, Herrera-Bernal practiced corporate law in New York. But she soon realized that she preferred the more “contentious side of law”. So when she was offered the opportunity to work on an arbitration, she discovered an appealing new career direction. “When you’re fresh out of law school and your choices are all open, it can be challenging to decide on your career path. Many people don’t take the time to decide what they really like. When you’re planning on a long career, it’s worth taking the time to explore the different areas that are available.”

And Herrera-Bernal has never looked back from her career trajectory. From there she interned in the Latin American team at the ICC International Court of Arbitration in Paris and then joined Shearman & Sterling’s Paris office. She practiced there for over eight years, until four years ago when she and some colleagues went to England to expand the firm’s London arbitration team.

While being named “of Counsel” last year was a significant achievement for Herrera-Bernal, she stresses that it’s also important to recognize the smaller achievements throughout your life and career that are less evident. “Every time you overcome a new challenge, realize that you can do it and do it right, even if you were initially unsure. That makes you become a better professional. Those moments are ultimately just as important and rewarding as the major milestones we tend to focus on.”

Herrera-Bernal’s current cases are wide-ranging, including two arbitrations that she describes as “David vs. Goliath” cases. She finds all her cases fascinating, including the many investment treaty arbitrations that she does. She enjoys them particularly because they combine international dispute resolution with public international law. She is also involved in a case with historical and legal implications.

Recognize Your Strengths as a Woman

Herrera-Bernal believes that women have many advantages in the world of dispute resolution, including their ability to appreciate different angles of a situation. However, she has noticed that women lawyers often hesitate to speak up in front of their colleagues.   “It is imperative to believe in your abilities and to make your views appropriately known,” Herrera-Bernal says.

This does not, in her view, mean becoming unnecessarily aggressive. She believes that women can be equally successful by staying true to themselves, without adopting an artificially aggressive shell. “When you’re doubting yourself, imagine that you are giving advice to a female friend who is experiencing the same issues. Then listen to your own advice,” she suggests.

Herrera-Bernal also notes the benefits she has received from being part of firm initiatives such as WISER (Women’s Initiative for Success, Excellence and Retention). “I have been fortunate to have wonderful woman partners at Shearman who are role models, and a head of practice who is supportive of women in the workplace.”

Even in her “off” time, she is devoted to the practice of law, conducting pro bono work in public international law. One highlight of that work was her secondment in 2012 to the UNCTR in Arusha. But despite the hectic pace of her professional life, most evenings Herrera-Bernal indulges herself in the luxury of pleasure reading, to disconnect from work and relax, along with her two dogs. She also ensures that she takes holidays in a new and exciting place every year.

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Voice of Experience: Sharon Trulock, Counsel, Shearman & Sterling

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By Cathie Ericson

It’s ok to lighten up once in a while, says Shearman’s Sharon Trulock. “Not everything is life or death and even when you make mistakes, you will survive them,” she says, noting that it takes experience to figure out how to put missteps in context and know you will move on.

She looks back on her earlier years and urges young women to be more confident in themselves. “Starting out as a young lawyer especially in an area of the law where there are complicated issues and a high learning curve, it’s natural to doubt yourself, no matter how hard you try,” she says, but that can make you look less professional and confident in your answers. While you should never pretend to know something you don’t, it’s important to realize that law is a field of continual learning.

A Steady Career in a Field She Loves

Trulock always knew she wanted to attend law school so it was an easy decision to go right out of college. After earning her law degree from Harvard Law School, she joined another firm but subsequently left to join Shearman in 1989 and has been there ever since. “I’m proud that I have earned my position as a respected professional based on all I’ve learned, and I never thought I would have learned so much over the course of my time here.”

Each day brings with it new variety – right now she mentions that everyone is waiting with baited breath to see what will happen with tax law, and she notes that the entire concept of digitization impacts everyone, whether it’s knowing they need to create a digital estate or making sure that electronic signed documents are safeguarded as carefully as paper ones.

Becoming Assertive for Clients’ Best Interests

When considering challenges to women in the industry, she makes a distinction between actual barriers and personality types. “One thing I’ve struggled with myself is the need to be more assertive and not apologize for everything. You want things to be perfect for the client, but it’s not your fault if the law says they can’t do something,” she says. In those moments, she has to rely on the message that the law says one thing, and they need to comply, within a given set of options. “Some people are just naturally more assertive, but it’s not necessarily a specific trait that is male or female.”

Along the way, she has been an active participant in Shearman’s noted women’s networking group WISER (Women’s Initiative for Success, Excellence and Retention). “It’s well organized and beneficial to everyone in the firm as well as our clients – male and female.” Trulock especially enjoys the opportunities she has to participate in give-and-take discussions where each participant is able to learn from the others and find out something new.

An avid traveler who loves to experience different places, Trulock gravitates toward tropical locations, having just returned from Hawaii, with a hope to someday visit two places on her bucket list — Australia and New Zealand. “I find I am already planning my next vacation when I finish the first,” she says. She also enjoys the time she spends with her family and dog.

“Work can consume all of your time, but you can’t let everything work-related be life and death. You have to know when to take a break.”

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Voice of Experience: Saralyn Cohen, Pro Bono Counsel and Global Director, Shearman & Sterling

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 By Cathie Ericson

Saralyn

One of the keys to career success, according to Saralyn Cohen? Having an open mind about where you’re working. “You never know where you will end up – so take chances and be open-minded when opportunities present themselves,” she says. “A law degree can open multiple doors – so don’t sell yourself short. Take a chance and say ‘I would love to learn that.’ Don’t get too narrow, especially early on in your career.”

Tracing Her Successful Path One Step at A Time

Reflecting on her own route, it’s easy for Cohen to see how each step she took built upon the previous one, eventually leading to her current position, which she has held since 1999. She says that if you had told her in law school this is where she would end up, she never would have believed it. “It’s too good to be true,” she says.

Her dreams of being a lawyer began in middle school as did her passion for thoroughbred horse racing. She had intended to combine the two – forgoing the on-campus interviews during law school to pursue firms that practiced in her niche, typically in southern states. That’s why she and her adviser were shocked when a job was posted looking for someone for a thoroughbred racing law practice in a New York firm.

She got the job and spent several years there – able to practice in her niche, but since racing wasn’t a full time specialty, she was also exposed to other disciples, such as reinsurance and litigation. That led to a job with a medium-size firm where she was hired in the reinsurance practice, working her way up to junior partner.

While at the firm, she and two other associates formed a pro bono committee as a way to professionalize the pro bono practice, and upon her return from maternity leave, Cohen learned of a job availability for the pro bono position at Shearman. “I feel very fortunate to be working at a place I love and doing meaningful work I love,” she says.

Advancing the Specialty

Cohen was the only practitioner in the firm of this relatively new, unique practice and had few people to bounce ideas off of. She soon learned that was the case at most firms, and with fellow practitioners, helped formalize the discipline in the industry, forming the Association of Pro Bono Counsel (APBCo). Ten years later they have 200 members globally and benefit from the opportunity to collaborate with counterparts at other firms.

“We are doing everything we can to try to narrow the justice gap,” she says.

One current topic of great interest is immigration law, helping immigrants know their rights and obtain representation and guidance. As a federal law, it invites collaboration as the issues and the filings are the same in all states. Another new and upcoming field is social ventures, including figuring out sustainability and access to clean water and solar energy and how this discipline can benefit from pro bono.

Industry wide, they also have to counteract the image of pro bono law as “a mommy job,” which she finds slightly offensive as external contacts picture her and her counterparts flitting about the community looking for work or attending galas.

“It’s not an issue within my firm as they understand and value what I do, but one of APBCo’s goals is to underscore throughout the industry that it is a legitimate practice area,” she says, adding that she and her counterparts in the law firm pro bono industry space have the responsibility not to undervalue their work. “We add value in our firm and within the legal profession, and we work hard to do that; it’s not a frivolous job.”

On a broader scale, she hopes women continue to act as role models for more junior women. “It’s vital to have access to mentors and those who can guide you from the standpoint of being a woman lawyer,” she says, noting how grateful she is for how much Shearman is doing to advance the cause.

With a “wonderful husband and two teens,” she appreciates that her job allows her to inspire her kids that everyone can use their skills to address a need in the community. “You don’t wait around for someone to tell you what to do. Take action and get involved – if everyone does a little something, a lot can get done.”

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Voice of Experience: Marwa Elborai, Partner in the Capital Markets Group, London, Shearman & Sterling

Marwa ElboraiBy Cathie Ericson

“Be confident in your own skills and experience and don’t be shy about speaking up,” Shearman & Sterling’s Marwa Elborai advises.

She notes that it’s a skill that comes with experience and adds that to advance your career it’s important not to be intimidated, but rather to share your views on a matter in order to become the advisor that a client wants to turn to.

Proud of Her Tenure at Shearman

Elborai is what they call a “lifer,” having started as a summer associate at Shearman and progressed up the ladder to become partner in January 2016 – an achievement she regards as a “pinnacle moment,” given her tenure with the firm.

She began her career in New York in the capital markets practice and moved to the London office in 2011, where she took on a more specialized role in high yield debt and restructuring.

Elborai appreciated the challenge of adapting to something new and expanding her practice to become more involved with complex restructuring, working closely with clients who were doing capital market work for the first time as well as various internal teams, including finance.

Given that Shearman is one of the leading high yield practices in London, she is proud of being part of a team that’s highly regarded in the industry and has touch points on most of the deals in the market. To that end, Elborai says it’s vital to stay ahead of the latest developments in covenants as it allows her to offer clients the benefit of the most recent thinking and up-to-date best practices.

Mentors Can Help Ease the Path

In this demanding career, Elborai says that those who succeed definitely make investments with their time, but it’s not specific to women. However, in a field still heavily dominated by men, it can be more challenging for women to stay true to the path because they don’t have as many mentors who have previously reached the top goal of partner.

She says that while it’s still common for women to walk into a room and find themselves in the minority, that dynamic is changing with time.

“If you can identify someone you can look up to as a female that’s helpful, but don’t limit yourself to female mentors,” she notes.

One way that mentors helped Elborai along the way was in seeing the big picture: As a young lawyer, she finds you tend to be detail-oriented and don’t always take a step back. “You have to realize that your role is not just to pore over documents, but to facilitate an objective and reach a conclusion to achieve a common goal,” she says. “Working closely with mentors helped me develop the skills to look at and focus on the overall transaction and the main material issues.”

Active in Shearman’s WISER (Women’s Initiative for Success, Excellence and Retention) program, she has appreciated the opportunities to mentor female associates, as well as acting as a mentor in a robust cross-mentorship program with a client company.

Finding Balance to Perform Better

Given the demands of the job, Elborai notes that it’s vital to carve out time for yourself to be with friends and family, and find a diversion that appeals to you. For Elborai, a recent passion has become horseback riding, “It’s a peaceful way to enjoy the outdoors, untethered from email,” she says.

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Voice of Experience: Maude Lebois, Partner, International Arbitration Group, Paris, Shearman & Sterling

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By Cathie Ericson

Shearman & Sterling Partner Maude Lebois finds that younger associates have a tendency to postpone developing their private lives in favor of their professional lives — but she believes it’s absolutely possible to live both lives simultaneously at full speed. shearman

“If you focus on quality rather than quantity, you do not have to compromise,” she says. “By nature attorneys are typically perfectionists, but we need to be as ambitious in our private lives as our professional lives from the start.”

She believes part of this is timing: She has seen women having their first child right before or right after becoming partner, which can be the hardest years for both endeavors.

“It’s a misconception that leaders don’t want you to have a fulfilling private life; in fact, certainly in our group, it’s a key focus,” she says, noting that the two managing partners have aggressively promoted several women partners on the team, making it clear from the beginning that they supported a balanced life. In fact, she cites being named counsel while coming back from maternity leave as one of her proudest moments. “It sent a strong signal to younger associates.”

Finding the Female Advantage

Lebois completed her legal education in Belgium and Harvard Law School, and began her professional career with three years at Linklaters in Brussels, a Magic Circle firm. She joined Shearman in 2005 as part of the international arbitration team and was promoted to counsel in 2013 and then partner in 2016.

She is proud to be part of this ambitious and successful team, which routinely is involved in high-profile, complex cases. Currently working on a large construction case in Africa, Lebois notes that she sits in on daily meetings with engineers where it is not unusual to be the only woman in the group due to the powerful trifecta of Africa, the oil and gas industry and the field of engineering.

She has turned that into an advantage; when there are women in the room, she finds that men tend to be more cautious than they otherwise would. “They may be quite direct, but become more polite when there is a woman in their world.”

She enjoys these large-scale projects where counsel needs to not only understand how the law will be applied to the situation but also gain a full understanding of any technical issues, which requires practitioners to be curious about all types of technical skills.

 

“As you look at a large construction project, you have to fully understand the initial scope of work in order to determine how it evolved and whether additional work was required, so it can be a puzzle.”

 

This reality can be a surprise to younger associates who, in addition to the practice of law, find themselves engaged substantially on conducting delay analysis, technical research and other exciting  assignments.

A Strong Team Makes the Difference 

Echoing her advice to pursue a robust private and professional life, Lebois notes that it is imperative to have a strong team supporting you, both in the firm and your private life.

 

“You won’t succeed if you come home after a long day and have to apologize to your husband and kids,” she says. “You are setting a good example by working hard, and everyone should appreciate your efforts on both fronts.”

Lebois appreciated that this year Shearman invited spouses to the partner meeting which allowed them to better understand the work setting as they met colleagues and experienced the environment. In her case, she says it made her husband even more supportive and proud of her success.

That support extends to the bonds she has built at the firm, with a strong women partner team that meets regularly. She is also part of Shearman’s WISER (Women’s Initiative for Success, Excellence and Retention) group and has found that having mentors who supported and protected her and women in general is integral to success.

In her off-hours she enjoys backpacking with her family, including her five-year-old daughter.

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Voice of Experience: Grissel Mercado, Counsel, Shearman & Sterling LLP

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grissel mercadoTo succeed in any industry, you have to create a profile for yourself both internally and externally, says Shearman’s Grissel Mercado. “Young attorneys tend to focus on delivering excellent work, which is important, but also expected. You also have seek out opportunities to network,” she says.

Her area of capital markets has been particular fruitful in this regard, since the work is with client teams at her same level. “It’s a great way to build relationships with clients, and Shearman has supported this throughout in my career,” says Mercado, noting that partners would encourage her to network with the team after a deal – a practice that has paid off. She also was encouraged to join industry groups and write articles and find other ways to subtly promote herself in addition to producing great work.

Devoting Her Career to Latin America Issues

Mercado studied international economics and Latin American affairs at Georgetown, not initially intending to be an attorney. But after a stint as a legal assistant at Sullivan & Cromwell on the project development and finance team, mainly working on Latin American transactions, she decided to pursue a legal career, earning her degree from NYU.

She became a summer associate at Shearman, pursuing the firm based on the strength and depth of its Latin American practice, but also because it’s where she felt most comfortable during her interviews. “I was drawn to the collegial and friendly environment from Day One,” she says, adding that she senses less hierarchy than at many firms, and more opportunities to work directly with partners.

She rotated through several departments and ultimately chose capital markets because it affords her the opportunity to be a lawyer half the time and a trusted advisor half the time. “It offers elements of both the theoretical and practical,” she says.
One of the professional achievements she is most proud of is the first transaction she led in only her third year. “The partners in the Latin America practice were willing to give substantive work early on, and it was both challenging and rewarding to be a leader and team player,” she says. While her first two years were devoted to thoroughly learning different aspects of a transaction, she noted that “you often don’t stop to realize how the pieces fit together, but then it all comes to fruition when you’re leading a transaction”.
Right now she is working on a transaction representing a company who will be the first corporate issuer in its country to offer bonds in the international markets. “As a capital markets attorney, I can add value to deals like this as most of my clients don’t have exposure to the international market. I become very personally attached to my clients and deeply invested in their success,” she says.

It’s also gratifying to see how a transaction in a developing country can be a turning point, opening the door to foreign investment. “When you do the first deal, investors become more open to investing in that country,” she notes.

Latin America is an area where they’ve seen numerous innovative deals, like green bonds, which is a structure where proceeds are designated for environmentally friendly projects, such as financing renewable energy projects like wind generation.

She has also seen increased liquidity come into the region, as well as changes that have occurred in collective action clauses in sovereign offerings as a result of the difficulties faced in the Argentine debt restructuring process. Mercado enjoys helping her clients work through the ongoing changes in rules and regulations.
“As a Dominican-American I want to see the region advance,” she says. “I am directly connected to what I do.”

A Woman in a Man’s World

Mercado cites a dearth of women in Latin American markets: Although the status quo is slowly changing at companies, it’s not uncommon to be the only, or one of very few, women in the room. “It’s a well-known challenge everywhere, but Latin America is at a different level,” she says. Nevertheless, that has never affected her performance; one reason she cites is the culture at Shearman which has a significant number of women partners in leadership positions. In fact, one of the female partners she’s collaborated most closely with heads the Latin America practice and has served as the head of the capital markets practice.

She encourages young women to speak up. “Nobody is a better advocate for you than yourself,” she says. Women are more apt to think that their work will speak for itself and hesitant to self-promote but as she has become more senior, she sees that male junior associates are more confident about speaking about themselves. “Women need to take more initiative,” she says. “If you’re talking with the team before a call, mention a success, just as a man would.”

For women who are her peers, she encourages them not to “give up too soon.” She sees women leaving private practice thinking they will achieve a better life balance elsewhere, but she thinks that can sometimes be at the expense of substantive work. “We can create a balance at a law firm, especially as we explore technological advances. You can be the best possible attorney for your clients, and still carve out the personal time you need.”

Since joining Shearman, Mercado has been in involved in WISER (Women’s Initiative for Success, Excellence and Retention), always finding an event that will boost her skills. Just recently she participated in a speed networking program where participants got tips on how to spark a conversation in a short time; if, say you’re heading up an elevator with a senior executive. She also participates in Lean In sessions, where she gleans information on how both women and men are processing work/life balance issues.
An advocate for formal mentoring both inside and outside your practice group, she also finds informal mentoring to offer a career boost as it allows one to create connections with others in a very organic way.

Globe Trotting

While she’s had the opportunity to travel extensively in Latin America, Mercado loves to experience different cultures, such as in Peru or Guatemala, even if it’s for a short period. She also recently returned from a trip to Thailand, China and Hong Kong.
Outside of work, Mercado still enjoys giving back by participating in pro bono assignments for groups such as New York Family Court, where she provides legal advice to families in short consultations. “It’s very rewarding and as different from capital markets as you can get,” she says. “Shearman is a big proponent of pro bono work and offers an excellent program where we can do what interests us.”

Mercado has also been active in Cafecito, an informal network of Latina women lawyers and law students in the New York City area which meets about once a month. She believes it is a great forum to share common issues and celebrate Latinas’ accomplishments across various different fields of law.

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Voice of Experience: Susanna Charlwood, Partner, Shearman & Sterling’s Litigation Group

Susanna CharlwoodWhile it’s easy to lament the disparity between the number of men and women in senior positions at law firms, Susanna Charlwood says that it does have a positive effect. “Since there are fewer senior women, it can help you stand out”. That attitude has been a source of confidence as she has built her career. Charlwood adds that she has not encountered difficulties or been treated differently as a woman in law.

Charlwood began her career at one of London’s “Magic Circle” firms and joined Shearman & Sterling three years ago as counsel in the Litigation Group. She was promoted to partner at the end of last year.

A Time of Change in the Field of Law

Currently Charlwood is involved in the final stages of a two-year investigation into certain activities at a European bank. Assisting clients in long term projects and counselling them through difficult times is something she particularly enjoys about her area of the law.

Contentious antitrust is an area where there has been significant recent legislative change in the UK. “For the past year or so we’ve been dealing with a lot of queries as our clients seek clarity on the implications of this new framework for them. The idea of the changes was to facilitate the recovery of damages for breaches of anti-trust law, bringing our process closer to that in the US. We are now waiting to see the effect of these changes.”

Lending a Helping Hand

Reflecting on her career, Charlwood remarks on the importance of building your network from the outset. “As well as being a great lawyer, it is key to understand the value of professional relationships and invest in making and maintaining them.” She recalls how many of her peers left private practice after a few years, and several today hold senior positions in the legal teams of major banks.

Charlwood also observes that junior lawyers sometimes are unaware of the scope to impress. “As the junior member of a team it may sometimes feel like you are not noticed, but you are – both internally and by clients. I have often had clients comment at length on how pleased they have been with the work done by particular associates.”

Charlwood says that while the number of women in senior positions in private practice may not have changed very significantly during her career, her impression is that there has been an increase in women in senior positions at her clients. She also comments that there is a lot more being done to encourage and facilitate women in pursuing long term careers at law firms. She says, “There are so many fabulous young women working at our firm and I really hope to see them flourish. I believe it’s my responsibility to them to help them fulfill their capabilities and to navigate the particular challenges that women may face in managing work and family.”

She believes it’s important for more seasoned women to show they can be dedicated to and successful in their job but also have a balanced life. “We have to model work/life balance so younger women see it as something achievable and enjoyable.”

Shearman & Sterling has many formal programs but Charlwood comments that informal mentoring relationships can be equally important. The advice she gives to younger women is, if they enjoy the profession, to have a plan and work towards it. “Be strategic, be confident and seek out opportunities.”

A Supportive Family

Charlwood’s husband is also a lawyer and so understands the demands of the profession and is very supportive. She also has a two-year-old daughter and says she feels having a family has increased rather than undermined her professional confidence. “You have to be very organized and efficient but, somehow, I feel the different perspective being a mother has brought me has been a positive thing professionally.”

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Movers & Shakers: Barbara Edwards, Counsel, Shearman & Sterling

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Barbara EdwardsBarbara Edwards has spent nearly the entirety of her career at global law firm Shearman & Sterling, where she is now counsel in the Finance Group, focusing on complex international and U.S. leveraged financings. The story of how she achieved this level of professional success is a remarkable one – from humble beginnings to Wall Street finance lawyer.

Originally from Guyana, Edwards was the first member of her family to emigrate to the U.S. She attended Brooklyn College, and when she started was a bit uncertain of her future plans. But all that changed when she experienced what could only be described as a political re-awakening while protesting the New York city-wide public university tuition hikes and participating in the anti-apartheid college movement. That got her thinking about a career in law and in particular, impact litigation. The rest, as they say, is history.

Except that the road to success was not easy. Prior to college, Edwards worked as a live-in nanny and housekeeper. This experience, she says, often goes uncited when discussing her path to becoming counsel, but the skills she acquired during this time have been incredibly helpful both professionally and personally.

“Working as a live-in reinforced the value of hard work and demanding hours, helping to hone skills of flexibility and adaptability to effectively navigate the needs of different constituencies. I believe these are all skills which underpin my success as a lawyer and in particular my strong client management skills,” Edwards said.

Giving & Receiving

Throughout her career at Shearman & Sterling, Edwards has been a mentor to a multitude of associates, a role which she considers very important. She takes pride and pleasure in helping others learn, grow, and progress in their careers. Many of these mentoring relationships have been informal and her biggest challenge, she says, has been ensuring that she’s striking the right balance of being professional mentor and coach, “therapist” and friend to her mentees.

“Investing in people makes my work so vibrant, but I have to be intentional in how I approach it. It’s important to make sure the help you provide is translating to both professional and personal growth,” she said. While Edwards doesn’t seek out recognition for the support she provides to colleagues and especially younger lawyers, she likes to tell the story about the time when a group of women she worked with, all from diverse backgrounds and religions, entered her office around Christmas to thank her for her time, guidance and the significant impact that she had on their work experience, giving her a gift card to designer shoe store Manolo Blahnik. It is a memory that will always resonate with her.

“I love shoes, but it wasn’t just about the shoes,” Edwards recalled. “It was a profound moment for me because I felt that my efforts had really made a meaningful difference to these women. There’s no replacing that feeling.”

Edwards has also given back on the pro bono side, working with women – often minority women – on initiatives related to economic empowerment. Most notably, she represented the women founders of Harlem Lanes, the first bowling alley in Harlem in 30 years and the only one in the country to be built and owned by Black women. The project was one of the William J. Clinton Foundation Urban Initiatives and the former president attended the ribbon-cutting.

Shearman & Sterling’s global platform and pro bono strength intersect nicely with Edwards’ passion for traveling the world. She spent two years in the firm’s Singapore and Hong Kong offices, working across Asia, as well as a secondment with one of the firm’s clients in Germany. Edwards is also one of the few counsel and partners at Shearman & Sterling who has participated in the firm’s work for the International Criminal Tribunal for Rwanda (ICTR), a partnership that the firm has had for over 14 years. She traveled to Arusha, Tanzania for a one-month externship at the ICTR. It was an experience she says was life-changing.

“The ICTR work is not abstract. It has real, tangible outcomes and I’m proud to have been a part of it and to have made a useful contribution.”

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Voice of Experience: Sanja Udovicic, Partner in Project Finance Group, Shearman & Sterling

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Sanja UdovicicClient service and innovative deal making are what drive Sanja Udovicic, a partner in global law firm Shearman & Sterling’s project finance group in London. “My proudest professional achievements derive from successfully accomplishing my clients’ objectives and delivering their goals,” she says, particularly when working on what she describes as “complicated and interesting deals that haven’t been done before in frontier jurisdictions.”

Her recent and ongoing work, for example, includes advising multilateral lending institutions and commercial banks on the financing of an upstream gas project in Uzbekistan, counseling the government of Croatia on their tendering of a concession for the operation of the Croatian toll road network and advising lenders on a power project in Indonesia which won a number of awards for its innovative financing structure.

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Voice of Experience: Donna M. Parisi, Partner and Head of the Asset Management Group, Shearman & Sterling LLP

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Donna Parisi“People sometimes ask me, ‘If you could do it all over again, given your practice focus in the financial services area, would you be a banker as opposed to a lawyer?’ I would be a lawyer. This is a particularly exciting time to be a lawyer, with all the regulatory changes, and my clients rely on me to provide counsel and advice,” said Donna M. Parisi, Partner and Head of the Asset Management Group at global law firm Shearman & Sterling LLP.

Parisi’s practice deals globally with derivatives, structured products, securitization, capital markets and commodities, as well as regulatory, risk management, and compliance counseling. It is an area of great interest, and her advice is in high demand.

She explained, “My clients need help navigating complex regulations– especially in light of Dodd-Frank. We’re in a period of great change. There’s a lot happening out there.”

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