On this May 1, 2024, a warm welcome to A&O Shearman, a new leader in the legal industry. The firm 𝗻𝗼𝘄 𝗯𝗼𝗮𝘀𝘁𝘀 𝗻𝗲𝗮𝗿𝗹𝘆 𝟰,𝟬𝟬𝟬 𝗹𝗮𝘄𝘆𝗲𝗿𝘀 𝗮𝗻𝗱 𝟴𝟬𝟬 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀 𝗮𝗰𝗿𝗼𝘀𝘀 𝟰𝟳 𝗼𝗳𝗳𝗶𝗰𝗲𝘀 𝗶𝗻 𝟮𝟵 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀. The combined revenues of the firm are a whopping $3.5 billion, and the merger has sent shock waves through the UK’s Magic Circle. 𝗔&𝗢 𝗦𝗵𝗲𝗮𝗿𝗺𝗮𝗻 𝗮𝗹𝗿𝗲𝗮𝗱𝘆 𝗮𝗱𝘃𝗶𝘀𝗲𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗮 𝘁𝗵𝗶𝗿𝗱 𝗼𝗳 𝗡𝗬𝗦𝗘-𝗹𝗶𝘀𝘁𝗲𝗱 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 𝗮𝗻𝗱 𝗮 𝗳𝗶𝗳𝘁𝗵 𝗼𝗳 𝘁𝗵𝗲 𝗡𝗔𝗦𝗗𝗔𝗤.
🔹 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲 𝗔𝗿𝗲𝗮𝘀: Core practice groups will include M&A, litigation and investigations, and debt finance. Six key industry sectors, namely energy and infrastructure, established industries, financial institutions, life sciences, private capital/private equity, and technology, will operate across practices and geographies.
🔹 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗖𝗹𝗶𝗲𝗻𝘁𝘀: The merger will significantly strengthen A&O’s brand prestige and presence in the US, where the firm had 260 lawyers of its own and has gained another 330. This will provide clients with the world-class solutions and unparalleled regional experience and knowledge that they are looking for in today’s increasingly complex commercial and regulatory environment.
🔹 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲𝘀: The response has been overwhelmingly positive from employees. The merger will transform both businesses, enabling them to deploy the power of each of their firms, accelerating their ability to bring the best of both to meet client needs.
Congratulations to the new firm, we are all looking forward to watching its impact unfold on the legal landscape.
#AOShearman #Merger #LegalNews
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1wCongratulations to the entire A&A team for the well-deserved recognition in the Asia Law Rankings 2024-2025! Your dedication and expertise across multiple practice areas are truly commendable. Keep up the great work!