In a monumental vote held on Friday, 800 partners at two legal powerhouses, Allen & Overy LLP and Shearman & Sterling LLP, have overwhelmingly endorsed a merger of epic proportions, setting the stage for one of the most significant law firm unions in history.
Allen & Overy-Shearman Merger : A Historic Union
The partners commenced their momentous vote on September 28, a decision that culminated in the resounding approval to combine their formidable forces, birthing a brand-new legal juggernaut known as Allen Overy Shearman Sterling, affectionately dubbed A&O Shearman. This mega-merger boasts a staggering 3,900-lawyer roster and a financial footprint eclipsing the $3.4 billion mark in revenue.
From Magic Circle to Wall Street
On one side of this legal metamorphosis stands the illustrious London-based Allen & Overy, a distinguished Magic Circle firm renowned for its global prowess. With a formidable contingent of 622 partners, they have a rich history of setting precedents in the legal world.
