Historic Merger Establishes A&O Shearman as a Global Legal Presence

 

 

In a landmark decision, the partnerships of Allen & Overy and Shearman & Sterling have overwhelmingly approved a merger that will transform the legal landscape. The combined entity, named A&O Shearman, will stand with a global legal presence, boasting over 3,950 lawyers and approximately 800 partners across 48 offices. With revenues estimated at $3.5 billion, this merger will place A&O Shearman among the world's largest and most influential law firms by revenue.

The historic merger marks a significant development in the legal industry. Partners from both firms voted overwhelmingly in favor, with more than 99% of the votes cast at each firm supporting the union. This resounding show of support underscores the strong foundation on which A&O Shearman will be built.

Wim Dejonghe, Senior Partner at Allen & Overy, expressed his enthusiasm for this transformational step in the legal profession, emphasizing the admiration for Shearman & Sterling's outstanding reputation, talent, and client base. He believes that the merger will result in a truly exceptional global firm equipped to meet the increasingly complex and dynamic needs of clients.

Adam Hakki, Senior Partner at Shearman & Sterling, echoed this sentiment and described A&O Shearman as a firm unlike any other, with an intentional focus on quality, excellence, and collaboration. The merger promises to create a new industry leader with truly global capabilities.

The merger is expected to close by May 2024, and the two firms are already actively planning integration. A&O Shearman will be unique in its ability to offer local and cross-border support to clients navigating an intricate legal, regulatory, and geopolitical landscape.

A&O Shearman's distinguished heritage traces back to Allen & Overy's founding in 1930 in London and Shearman & Sterling's establishment in 1873 in New York City. By uniting their individual market leadership and strengths, they are poised to serve clients as a preeminent global law firm, capable of delivering excellence and innovation on even the most complex matters.

This merger not only reflects the combined legacies of two renowned firms but also sets the stage for a new era in legal excellence and global legal services.

For more information about A&O Shearman and the merger, you can visit announcingaoss.com.