Are Redundancies On The Horizon After Allen & Overy Merges With Shearman?

// Ed. note: Welcome to our daily feature, Quote of the Day.

When you delve into the details, there isn’t much overlap. We, compared to Shearman, are small in the U.S., and the practices are in fact compatible. In the rest of the world, our practices are substantially larger than Shearman’s, and the overlap is very limited. There isn’t a plan for redundancy, but rather strengthening our capabilities in the areas we operate.

googletag.cmd.push( function() { // Display ad. googletag.display( "div-id-for-top-300x250" ); });

— Wim Dejonghe, global senior partner of Allen & Overy, in comments given to the American Lawyer on the prospect of layoffs taking place after the firm combines with Shearman & Sterling to form A&O Shearman. Both Dejonghe and Adam Hakki, Shearman’s senior partner, have said that redundancies aren’t really a concern of theirs because of their complementary office locations and practice areas. “We are positive about where the vote will end up. And we are having conversations about integration, culture and clients,” Dejonghe said. “The partnership is asking the right questions with the right focus.”

Sponsored Now Live At The Non-Event: Your Guide To Clio App Integrations! We're pleased to present this new guide to the products that work well with Clio. (Clio itself has no involvement in this publication.) From Above The Law  

Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter and Threads or connect with her on LinkedIn.

googletag.cmd.push( function() { // Display ad. googletag.display( "div-id-for-middle-300x250" ); }); googletag.cmd.push( function() { // Display ad. googletag.display( "div-id-for-bottom-300x250" ); }); Sponsored Sponsored Take Your Firm’s Work To The Next Level With Neos Try Neos, the case management platform that will supercharge your firm's productivity. From Assembly Software and Above The Law   Sponsored The Digital Transformation Imperative Private funds’ in-house and external legal teams are stretched thin by growing legal demands. Firms need digital transformation to thrive. From Troy Pospisil, Ontra CEO   Sponsored Security: The Stakes May Be Higher Than You Think We surveyed Above the Law’s readers on challenges facing smaller law firms. Join us to learn what we found. CLE credit available if you attend… From iManage and Above The Law   Sponsored This Early Adopter Found Success With Legal AI. Here’s How You Can, Too Hear how one company brought the power of artificial intelligence into its contracting workflow. From LexCheck and Above The Law   Sponsored Now Live At The Non-Event: Your Guide To Clio App Integrations! We're pleased to present this new guide to the products that work well with Clio. (Clio itself has no involvement in this publication.) From Above The Law   Sponsored Take Your Firm’s Work To The Next Level With Neos Try Neos, the case management platform that will supercharge your firm's productivity. From Assembly Software and Above The Law   Enter your email address to sign up for ATL's Layoff Alerts. hbspt.forms.create({ css: '', portalId: '470182', formId: 'a36cdf6b-a5b0-4a87-9125-aaf8c7d90fd6' }); Topics

A&O Shearman, Allen & Overy, Biglaw, Law Firm Merger Mania, Law Firm Mergers, Layoffs, Quote of the Day, Shearman & Sterling