Shearman & Sterling has added capital markets partner David Flechner to its São Paulo office.

Flechner joins the firm from Allen & Overy. Prior to working at Allen & Overy, he worked at Cleary Gottlieb Steen & Hamilton.

Regulations in Brazil prevent foreign law firms from practicing local law, so global firms like Shearman & Sterling who have offices in the country advise clients on foreign law. Flechner is licensed to practice New York law.