Sheppard Mullin

  • Established in 1927
  • Firm Size 1075
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Investment Management

Sheppard Mullin attorneys have extensive experience counselling clients on the full spectrum of investment management needs. We regularly advise investment advisers, fund sponsors and investors with respect to the formation of various types of pooled investment vehicles as well as operational matters relating to such pooled investment vehicles. Our clients focus on a range of asset classes and investment strategies, including hedge, real estate, private equity, venture capital, infrastructure, renewable energy and clean tech-focused funds.

Our investment management attorneys work collaboratively with our clients through the fund formation process by tailoring our services to their business goals, ranging from the needs of an established manager that is expanding its existing platform to add strategies or grow its investor base through the needs of an emerging manager launching its first fund. We also advise sponsor principals on “upper-tier” economic and management issues of their general partner and management entities. Our transactional services for our investment management clients includes providing advice with respect to secondary transfers of fund interests and “seeding” of general partner entities.

Further, we provide regulatory and compliance advice to our investment management clients. We work side-by-side with our clients to develop bespoke compliance policies and procedures designed for their particular business, and we conduct internal compliance reviews and programs and assist clients with issues that arise with respect to regulatory reviews of their businesses, including enforcement actions.

Additionally we provide unparalleled advice to investors seeking to invest in various types of private funds, including analyzing the alignment of interest between the fund sponsors and their investors by reviewing fund economic terms, negotiating side letter agreements with sponsors, and providing methods to mitigate conflicts of interests between the fund sponsors and their investors. Our clients on the investor side represent a diverse group of investors, including sovereign wealth funds, private wealth advisors, pension plans, university and foundation endowments and family offices.

We believe that our investment management practice employs an efficient, multi-disciplinary approach to solving the legal needs of our clients. Our lawyers have deep experience working closely with leading fund sponsors, including at other leading law firms and in-house positions, and we deliver business-friendly solutions to the legal needs of our clients.

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Diversity

"As Sheppard Mullin continues to grow, it is important that we not lose sight of the need to recruit women, attorneys of color and others of diverse backgrounds."
-Guy Halgren, Chairman of the Executive Committee

At Sheppard Mullin, we make every effort to recruit the finest lawyers and nurture their talents. The firm recognizes the importance of diversity and the need to create a workplace of inclusion. We need ¿ and our clients demand ¿ a team of attorneys that is as diverse as our increasingly global client base. Achieving and maintaining diversity is key to great client service ¿ a core value of our firm. What distinguishes good intentions from results is a commitment by senior management to find the best attorneys possible coupled with the sincere belief that people with diverse backgrounds bring valuable attributes to the firm. At Sheppard Mullin, the Executive Committee, Diversity Committee, and the lawyers in each of our offices work hard to ensure that all attorneys who join our firm fit in seamlessly and are encouraged to succeed.

Members of our Diversity Committee include ethnically diverse attorneys and a representative from the firm's Executive Committee. Diversity Committee members have served on the Boards of the Anti-Defamation League, the Black Women Lawyers Foundation (Los Angeles), and the Charles Houston Bar Association (northern California). Women and minority attorneys participate on key committees of the Firm (Executive Committee; Compensation Committee; Diversity Committee; Recruiting Committee; Professional Personnel Committee; Associate Issues Committee). Four of the Firm's nine Office Administrative Partners are women, one of whom is African-American and another is multi-racial.

"Serving on the firm's Diversity Committee is one of the most important things I do. I firmly believe that we must be vigilant in our efforts to recruit talented women attorneys and attorneys of color. Our success in this area has a positive effect our firm's culture, practice and client relationships."
-Joan Story, Member Executive Committee and Diversity Committee

Below is a description of just some of our outreach efforts.

  • The firm participates in and financially supports the California Minority Counsel Program and the ABA Minority Counsel Program, as well as several minority bar associations. These groups are dedicated to increasing access for and promoting and retaining minorities in the legal profession.
  • The firm actively recruits law students of color, e.g., we participated in the National Black Law Students Association (NBLSA) of the Western Region job fair held at UCLA School of Law.
  • Sheppard Mullin contributes to the Minority Corporate Counsel Association; California Women Lawyers; Queen's Bench; Black Women Lawyers Association of Los Angeles; and the National Black Law Students Association, among others.
  • We actively participate with other major Los Angeles law firms in the Diversity Directors Roundtable, a group that is committed to promoting diversity in the legal profession and in our firms.
  • The firm received the Law Firm Award from the Black Women Lawyers Association of Los Angeles Foundation for its strong commitment to the promotion of community and pro bono activities.
  • Multicultural Law magazine named Sheppard, Mullin, Richter & Hampton LLP as one of "The 2011 Top 100 Law Firms for Diversity."
  • Sheppard Mullin helped underwrite the production of a motion picture project entitled "Soul of Justice: The Life and Times of Thelton Henderson." The film chronicles the life of respected African-American jurist Thelton Henderson, a crusading civil rights litigator and role model.
  • The firm signed the Bar Association of San Francisco's "No Glass Ceiling Initiative," BASF's "Minority Goals and Timetables," the New York County Lawyers' Association Diversity Statement, and the Los Angeles County Bar Association's Diversity Statement.

Much of our pro bono work relates to the diversity of the communities in which we practice; sample clients include:

  • Constitutional Rights Foundation
  • Domestic Violence Project, Los Angeles Bar Association
  • Lawyers Committee for Civil Rights
  • Task Force for the Women's Resource Fair, City of San Diego
  • Tolerance Through Education Program, Beverly Hills Barristers Associations
  • Violence Against Women Act Program, Legal Aid Foundation of Los Angeles

Awareness of diversity enables us to understand the value of differences. At Sheppard Mullin, we are committed to hiring top tier attorneys, without regard to race, ethnicity, gender or sexual orientation.

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