Skip to main content
  • Legal Services

Allen & Overy to merge with Shearman & Sterling in $3.4bn tie-up

The combined firm, Allen Overy Shearman Sterling, will employ nearly 4,000 lawyers

The merger is subject to a vote of both firms’ partners.

SOPA Images / Contributor/Getty Images
By
Shruti Tripathi Chopra

New York-based Shearman & Sterling is merging with Magic Circle law firm Allen & Overy in one of the biggest tie-ups in the sector set to  create a company with revenue of $3.4bn.

The combined firm, Allen Overy Shearman Sterling, will employ close to 4,000 lawyers across 49 offices. The merger is subject to a vote of both firms’ partners,...