NewsMV
Partner distributions at A&O Shearman have reached £2.2mn, with the merged law firm reporting that profits have returned to the levels seen before its 2024 combination.
The payout follows a difficult stretch that included the removal of senior lawyers, a sign the firm has stabilized after a turbulent period in the wake of its tie-up.
The profit figure and what it signals The £2.2mn represents a pay rise for partners rather than a flat restoration of earlier distributions. That distinction carries weight in a post-merger context.
A firm that comes out of a combination with partner pay moving upward has cleared the first real test the market applies to a merger: whether the deal diluted earnings or added to them.
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