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Aspiring Lawyers - Interviews & Vacation Schemes
Commercial Awareness Discussion
Mini Series: Business of Law Firms - Allen & Overy to merge with Shearman & Sterling
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<blockquote data-quote="AlexJ" data-source="post: 146174" data-attributes="member: 24847"><p>I think it’s bad news for Shearman’s London office I’m afraid. They are smaller teams paid more to do the same work that A&O does. Many lawyers at Shearman have already jumped. Potentially the same applies to A&O in NY, I doubt they would add anything to the much bigger and more regarded Shearman office there. In other areas a consolidation of both firms will likely lead to the loss of some lawyers and more support staff, such is the nature of mergers. The deal has to be voted through first!</p></blockquote><p></p>
[QUOTE="AlexJ, post: 146174, member: 24847"] I think it’s bad news for Shearman’s London office I’m afraid. They are smaller teams paid more to do the same work that A&O does. Many lawyers at Shearman have already jumped. Potentially the same applies to A&O in NY, I doubt they would add anything to the much bigger and more regarded Shearman office there. In other areas a consolidation of both firms will likely lead to the loss of some lawyers and more support staff, such is the nature of mergers. The deal has to be voted through first! [/QUOTE]
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Mini Series: Business of Law Firms - Allen & Overy to merge with Shearman & Sterling
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