The combination has been finalised in the midst of rising US investment into Australia
The merger between Allen & Overy and Shearman & Sterling into A&O Shearman is set to enhance cross-practice collaboration across six crucial industry sectors.
The newly combined firm confirmed that the energy and infrastructure, established industries, financial institutions, life sciences, private capital/private equity, and technology sectors would “operate across practices, products and geographies”, with team members from across the globe supporting “sub-sectors and additional specific industries”.
Moreover, lawyers in global practice groups like M&A, litigation and investigations, and debt finance will work on international issues, fostering global collaboration and consistency in offerings.
According to Sydney office managing partner Jason Denisenko, the merger "is a milestone in the journey of our legacy firms”.
“Becoming A&O Shearman illustrates our continued commitment to solving our clients’ challenges, wherever they are. As US investment into Australia continues to surge, it's the ideal time to formally introduce A&O Shearman to the local and global market”, he said.
Perth office managing partner David Jenaway added that the merger also bolsters the firm’s offerings in “key sectors such as mining, energy, and natural resources”.
“Since launching in Australia 15 years ago we have been thoughtful and deliberate about our place in the market, and this demonstrates our commitment to our ambitions", he explained.
According to A&O Shearman, regional offices will concentrate on local go-to market strategies, building their reputations in the local market, the attraction and development of talent, and local operations.
