A&O Sherman successfully completes its merger to create the world’s third largest law firm | Companies

A&O Shearman successfully completes the merger between the British firm Allen & Overy and the American firm Shearman & Sterling. The combination will give rise to a global firm and the third in the world by billing, adding combined revenues of 3.5 billion dollars.

In this context, A&O Shearman has launched a new business structure in which it divides its practice areas into four large blocks: Financial, Commercial, Procedural and Arbitration, and Energy and Infrastructure Projects. In addition, the firm has established as its strategic sectors: Energy and Infrastructure, Financial Institutions, Private Capital, Technology, Health Sciences and Industry. Within the new organizational structure of A&O Shearman, the Spanish office will play a relevant role with its co-managing partners, Antonio Vázquez-Guillén and Ignacio Ruiz-Cámara. Antonio will assume co-direction of the Procedural Practice at a global level while Ignacio will serve as co-director of the Continental Europe region.

The new firm will have a team made up of more than 7,000 people and nearly 4,000 lawyers. The new giant of business law is the only firm capable of advising on English and American law in the same proportion, and in the rest of the most relevant markets in the world. The firm currently has 47 offices distributed in 29 countries around the world. Among its clients are more than a third of the companies listed on the NYSE, a fifth of the Nasdaq and a large proportion of other stock indices such as the Ibex35, the London Stock Exchange, Euronext, Euronext Paris and the Tokyo and Hong Kong stock exchanges. Kong, among others.

,“Without a doubt, A&O Shearman will be the best platform for our clients, the large Spanish companies that are leaders in their sectors and international investors to carry out their strategic movements, with the confidence of being accompanied by the best professionals in all jurisdictions” , indicate Antonio Vázquez-Guillén and Ignacio Ruiz-Cámara, co-managing partners of A&O Shearman in Spain.

“Today we begin a great journey as a new firm with an unprecedented global platform. A&O Shearman is the new leader in the legal sector with a truly global advisory capability and a unique culture. I look forward to working with the entire team to fully develop the great potential of the new firm. We will offer our clients the best advice both globally and locally in an increasingly demanding environment,” adds Khalid Garousha, senior partner at A&O Shearman.

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