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Stephenson Harwood

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Stephenson Harwood LLP
HeadquartersLondon, United Kingdom[1]
No. of offices8[2]
Major practice areasGeneral practice
Revenue£209 million (2020/21)[3]
Profit per equity partner£685,000 (2020/21)[3]
Date founded1875 (London)
Websitewww.shlegal.com

Stephenson Harwood LLP is a law firm with over 1,300 people worldwide, including more than 200 partners. Headquartered in London, United Kingdom, with eight offices across Asia, Europe and the Middle East. In 2020/21 it achieved total revenues of £209 million and profits per equity partner of £685,000 (2020/21)[4]

History

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When attorney William Harwood returned to London after practising in China, he and Henry Stephenson created the firm of Harwood & Stephenson in 1875. The firm's history can be traced back to 1828 and the City law firm Tatham & Lousada. In 1920 Tathams merged with Stephenson Harwood – as the firm was by then known – to form Stephenson Harwood & Tatham, renamed Stephenson Harwood in 1977.[5]

Two years later as one of the first UK firms to enter the Asian market, it has now been in Hong Kong for over forty years. In 2002 the merger with City shipping specialist Sinclair Roche & Temperley gave it a Shanghai office.[6]

Stephenson Harwood played an instrumental role securing release of American hostages during the 1979 Iranian hostage crisis. Acting for Bank Markazi, a leading Iranian financial institution, their personnel became de facto mediators between Iran and America. At the time all foreign Iranian assets, including those of Bank Markazi, were frozen. A key factor delaying release of the hostages was the unfreezing of Iranian assets. Stephenson Harwood engineered the means by which this could be done, causing US Secretary of State, Cyrus Vance to laud the firm.[7]

In 2011, in the largest Boeing deal in aviation history, the firm advised Lion Air on purchasing 230 model 737 aircraft worth US$21.7 billion. The signing was witnessed by the American Chief Executive.[8]

2012

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In March 2012 the firm converted to LLP status.[9]

In December 2012 the firm opened an office in Dubai, its first in the Middle East.[10]

2013

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Stephenson Harwood Singapore converts to LLP.[11]

2014

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Virtus Law and Stephenson Harwood announce formal law alliance.[12]

Seoul office opens.[13]

2019

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Eifion Morris appointed CEO.[14]

Key practice areas

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  • Commercial, outsourcing and technology
  • Competition
  • Corporate
  • Data protection and information
  • Dispute resolution
  • Employment, pensions, incentives and immigration
  • Environment
  • Finance
  • Intellectual property
  • Immigration
  • Marine and international trade
  • Pension disputes
  • Private client, trusts and fiduciary services
  • Private wealth
  • Projects and infrastructure
  • Real estate
  • Regulation
  • Restrucuturing and insolvency
  • Tax[15]

References

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  1. ^ "Stephenson Harwood LLP - True Picture | Chambers Student Guide". chambersstudent.co.uk. Retrieved 2015-03-07.
  2. ^ "Key facts and figures". shlegal.com. Retrieved 2015-03-07.
  3. ^ a b "The Global Legal Post Preview: Stephenson Harwood posts modest revenue drop as profitability rises 13%".
  4. ^ "Stephenson Harwood posts modest revenue drop as profitability rises 13%; http://www.globallegalpost.com". globallegalpost.com. Retrieved 2021-07-13. {{cite web}}: External link in |title= (help)
  5. ^ "Our History". Shl.com.hk. Retrieved 2012-07-17.
  6. ^ "Legal Week - Stephenson Harwood". legalweek.com. Retrieved 2015-03-07.
  7. ^ John E. Hoffman (27 August 2009). "Lessons From the Iranian Experience: National Currencies as International Money" (PDF). Proceedings of the Conference on the Internalization of the Capital Markets. Retrieved 2015-03-07.
  8. ^ "Stephenson Harwood finesses the finer details as Lion Air mega deal with Boeing takes off". The In-House Community of Legal & Compliance Professionals.
  9. ^ Freedman, Joshua (2012-03-30). "Stephenson Harwood joins majority as LLP | News". The Lawyer. Retrieved 2012-07-17.
  10. ^ Ames, Jonathan (18 December 2012). "Stephenson Harwood latest to plant flag in Dubai". The Global Legal Post.
  11. ^ "Singapore Business Directory". Singapore Business Directory. Retrieved 2022-06-06.
  12. ^ "Stephenson Harwood enters Formal Law Alliance with Singapore's Virtus Law". Legal Business. 2014-03-28. Retrieved 2022-06-06.
  13. ^ Stanton, Natalie (2014-08-04). "Stephenson Harwood secures licence to open Seoul office this autumn". The Lawyer | Legal insight, benchmarking data and jobs. Retrieved 2022-06-06.
  14. ^ "Stephenson Harwood IP co-head replaces CEO Sharon White following decade in charge". Legal Business. 2019-04-30. Retrieved 2022-06-06.
  15. ^ "Legal500". Legal500. Retrieved 2012-07-17.
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