A&O Shearman
No. of offices | Over 48 worldwide |
---|---|
No. of lawyers | Approximately 4,000 |
Major practice areas | General practice |
Date founded | 1 May 2024 | by merger
Company type | Limited liability partnership |
Website | www.aoshearman.com |
Allen Overy Shearman Sterling LLP (commonly A&O Shearman) is a multinational law firm. The firm was formed as a result of a merger between magic circle Allen & Overy and white shoe Shearman & Sterling, creating a firm estimated to have over 4,000 attorneys across 48 offices with a combined revenue of $3.4 billion.[1]
The merger terms were announced on 21 May 2023[2] and approved on 13 October 2023 by more than 99% of partners from both firms.[3] The merger was completed on 1 May 2024.[4]
In September 2024, A&O Shearman announced that they would shut down their South African offices and instead support its Sub-Saharan clients from its other global offices.[5] In January 2025, 57 former members of A&O Shearman in South Africa, including 14 partners, joined Bowmans.[6][7]
References
[edit]- ^ Sweney, Mark (22 May 2023). "Law firms Allen & Overy and Shearman & Sterling plan to merge in $3.4bn deal". The Guardian. ISSN 0261-3077. Retrieved 8 June 2023.
- ^ Beioley, Kate (21 May 2023). "Allen & Overy and Shearman plan merger to create $3.4bn law firm". Financial Times. Retrieved 21 May 2023.
- ^ Thomas, David; Merken, Sara; Thomas, David; Merken, Sara (22 May 2023). "A&O Shearman merger would be a blockbuster, but maybe not a harbinger". Reuters. Retrieved 25 May 2023.
- ^ Merken, Sara (1 May 2024). "A&O Shearman joins ranks of major transatlantic law firm mergers". Reuters. Retrieved 3 May 2024.
- ^ Mizner, Andrew (9 September 2024). "A&O Shearman to close Johannesburg office". African Law Business. Retrieved 6 January 2025.
- ^ "Bowmans welcomes legal team from A&O Shearman South Africa in strategic expansion". Bowmans. 6 January 2025. Retrieved 6 January 2025.
- ^ Andrew, Mizner (3 October 2024). "A&O Shearman Johannesburg partners to join Bowmans". African Law Business. Retrieved 6 January 2025.