
Welcome To Biglaw: Brand New Megafirm A&O Shearman Officially Makes Its Debut
The newly merged Biglaw behemoth has named its leaders and is ready to roll.
The newly merged Biglaw behemoth has named its leaders and is ready to roll.
Loose lips sink Biglaw merger ships.
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Allen & Overy is among a handful of other Biglaw firms operating independently in the region.
The legacy firm’s NYC office is beautiful, so this isn’t a shocking decision.
Firm leaders must feel pretty good about the upcoming merger.
The deal seems to be getting met with a collective shoulder shrug in the U.K.
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Make way for the next Biglaw behemoth. Congratulations!
Everyone saw this coming from the get go.
The partnership vote on the tie-up is ongoing, and will end in mid-October.
The vote is expected to begin next week.
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Leaders of both firms don't seem to be too worried about it -- which is a good thing.
An unexpected exit from one of the firm's leaders.
* The FTC is appealing its case against the Microsoft-Activision merger. There's a lot of talk about the FTC "failing" but even in losing they forced Microsoft to publicly claim it wouldn't make key franchises XBox exclusives and... that's a victory in itself. Successful litigation doesn't have to end in a win to have been a smart case to bring. [Law360] * But, because everything is stupid now, the FTC is going to get grilled in a congressional hearing. [Reuters] * Gun ban in state parks upheld because the law has never been enforced and may never be... haven't these people heard of 303 Creative? You don't need any of that anymore. [Hartford Courant] * Allen & Overy's managing partner has stepped down in the midst of the Shearman merger negotiations. [Bloomberg Law News] * The Titanic sub disaster underscores the need for robust anti-SLAPP laws. [Daily Beast] * NCBE unveils its nextgen bar exam questions. They are not much better than the existing questions. [Law.com] * A new wrinkle in the hybrid office reality: small firms sharing office space. A new ethics opinion deals with this issue and hopefully settles who gets to decide if the toilet paper is overhanded or underhanded. [ABA Journal]
UK 'Magic Circle' law firms are increasingly looking to the US for growth, as evidenced by the proposed merger of Allen & Overy and Shearman & Sterling and the expansion of Clifford Chance into Houston.
Not everyone is buying that this is a true 'merger' of equals.