A&O Shearman Goes Live, With New Firm Naming Board and Practice Leaders
The combined firm said the broad strokes on leadership, practice structure and compensation have been ironed out.
May 01, 2024 at 12:00 AM
8 minute read
What You Need to Know
- The combination of Allen & Overy and Shearman & Sterling is now complete, creating one of the largest firms in the world by revenue.
- The new entity has a three-person leadership structure, while the board and executive committee are mostly composed of legacy A&O partners.
- A&O Shearman partners must now move in together in the same offices. They must also reconcile cultural differences, observers say.
Allen & Overy and Shearman & Sterling completed their merger, the combined firm said Wednesday, with firm leadership boasting of a union that creates a $3.5 billion-grossing international law firm with nearly 4,000 lawyers, including 800 partners.
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