In a major development, renowned international law firms Allen & Overy and Shearman & Sterling have recently unveiled their plans to merge, paving the way for the formation of a new global legal powerhouse. The merged entity, to be known as Allen Overy Shearman Sterling (A&O Shearman), aims to create a unique and unparalleled global law firm.
With an impressive combined experience of 250 years, A&O Shearman will boast an extensive team of 3,900 lawyers and 800 Partners operating across an expansive network of 49 offices worldwide. Notably, A&O Shearman will be the sole global firm with equal capabilities in United States law, English law, and local law.
The decision to merge stems from the firms' commitment to addressing clients' evolving needs in a progressively intricate legal, regulatory, and geopolitical landscape. By providing a seamless global offering, A&O Shearman aims to assist clients in navigating these challenges effectively.
Wim Dejonghe, Senior Partner at Allen & Overy, expressed his enthusiasm for the merger, stating that A&O Shearman would be a truly exceptional firm that responds to client demands for top-tier advice in an integrated and consistent manner. He highlighted the mutual benefits of the merger, emphasizing the shared values and similar cultures of both firms.
Adam Hakki, Senior Partner at Shearman & Sterling, echoed these sentiments, emphasizing the growing demand for globally integrated legal solutions. The merger with Allen & Overy will enable the combined entity to better meet these demands while leveraging each firm's respective strengths. Hakki noted the outstanding reputation of Allen & Overy and the alignment of values, making the merger an ideal opportunity to create an unparalleled offering for clients.
The merger between Allen & Overy and Shearman & Sterling represents a significant milestone that will shape the legal landscape. It presents a transformative opportunity for both firms' professionals, who will have the chance to contribute to an institution of tremendous significance while attracting top talent in the years to come.
TAGS: merger global law firm Allen & Overy Shearman & Sterling Allen Overy Shearman Sterling A&O Shearman lawyers Partners offices United States law English law local law clients seamless global offering legal regulatory geopolitical environment Wim Dejonghe Senior Partner Adam Hakki game-changing unparalleled offering transformative transaction institution clients' needs integrated global legal solutions top talent
