Layoffs
59 partners leave A&O Shearman outside Asia since decision to trim 10% of equity partnership
Twenty-five U.S. partners are among the 59 partners who left A&O Shearman since its decision last year to trim 10% of its global equity partnership. (Image from Shutterstock)
Twenty-five U.S. partners are among the 59 partners who left A&O Shearman since its decision last year to trim 10% of its global equity partnership, according to a count by Law.com.
The count does not include 15 partners who left A&O Shearman in Asia, as previously reported by Law.com. Butit does include partners who left in the United States, London, Europe, Africa and Australia.
A&O Shearman said last year the partner cuts were “a difficult but necessary step forward” following the merger between Allen & Overy and Shearman & Sterling. About 45 partners who left joined other law firms.
A&O Shearman said it currently has around 800 partners worldwide, which is about the same number that it had when it announced the cuts. It is unclear why the current number isn’t lower, according to Law.com.
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