A&O SHEARMAN MERGER SUCCESSFULLY COMPLETED
May 01 2024 - 4:36AM
A&O Shearman is pleased to announce the successful completion
of the merger of Allen & Overy and Shearman & Sterling.
The first fully integrated global elite firm, it has ~7,000
people, and nearly 4,000 lawyers, including ~800 partners, working
across 47 offices in 29 countries. A&O Shearman has the depth
of experience and diversity of talent to operate at the forefront
of business across every industry sector, market, and geography. It
is the only firm equally fluent in U.S. law, English law, and the
laws of the world’s most dynamic markets. The firm’s strength comes
from its global capabilities and unyielding standard of excellence,
supported by deep local roots, relationships, experience, and
knowledge.
A&O Shearman already advises more than a third of New York
Stock Exchange-listed businesses and a fifth of the NASDAQ, as well
as many more of the world’s leading organizations listed on the
LSE, Euronext, Euronext Paris, Frankfurt Stock Exchange, Abu Dhabi
Securities Exchange, Dubai Financial Market and the Tokyo and Hong
Kong Stock Exchanges.
Khalid Garousha, senior partner at A&O Shearman,
said: “Today we begin an exciting journey as a new firm - a
firm that has an unrivalled global platform to offer our clients. A
platform like no other. A&O Shearman is a new industry leader
with unmatched experience, a unique culture and truly global
capabilities. I look forward to working alongside my colleagues to
unlock the potential of our new firm. We will provide clients with
the world-class integrated solutions and unparalleled regional
experience and knowledge that they are looking for in today’s
increasingly complex commercial and regulatory environment.”
Adam Hakki, co-chair of the global A&O Shearman Board and
Executive Committee and chair of the firm’s U.S. business,
commented: “The combination of two of the world’s most
prestigious law firms, with complementary strengths and shared
values, has been carefully designed to deliver – at the highest
level – what the firms’ respective clients and colleagues have told
us they are seeking and will find nowhere else. The feedback we
have received to date, externally and internally, has been
exceedingly positive, and our clients are eager to unleash the
combined power of the new firm. A&O Shearman was built to
achieve exceptional outcomes for clients, and we now look forward
to demonstrating that worldwide.”
Hervé Ekué, managing partner at A&O Shearman, said:
“What both firms had in common, and what A&O Shearman will
continue to provide, is a deep commitment to excellence,
collaboration, and innovation. I know of no other firm in the
world that can combine our market coverage, depth of experience,
and innovative approach. Our ability to bring diverse perspectives,
backgrounds, and skills to clients, puts A&O Shearman in a
class of its own, and we will continue to prioritize and encourage
these collaborative ways of working in the future.”
Global practice design
A&O Shearman will be structured to address the needs of
clients now and in the future while further enhancing collaboration
internally. It will go-to-market, and develop and manage talent,
through a matrix of global practice groups and industry sectors
worldwide.
- Global practice
groups, including areas such as Mergers & Acquisitions,
Litigation & Investigations, Debt Finance and many others, will
serve clients on global matters and will ensure collaboration
around the world and a consistent offering across regions.
- To deepen
relationships with organizations worldwide, six key industry
sectors will operate across practices, products and geographies.
These are Energy & Infrastructure, Established Industries,
Financial Institutions, Life Sciences, Private Capital/Private
Equity, and Technology. The firm’s experienced lawyers around
the world will also support sub-sectors and additional specific
industries.
- Regional offices
will focus on local go-to-market strategies and collaboration;
local market reputation-building; talent attraction and
development; and local operations.
Debbie Spitz
A&O Shearman
+44 20 3088 3464
mediarelationsteam@aoshearman.com
Leticia Correa
A&O Shearman
+44 20 7655 5636
mediarelationsteam@aoshearman.com