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News
A&O Shearman reports £2.9 billion global revenue in first year post-merger
updated on 27 August 2025
Reading time: one minute
In the first year since its transatlantic merger, A&O Shearman reported global revenues of £2.9 billion and a pre-tax profit of £1.1 million.
Figures showed that the firms profit per equity partner was £2 million. Since the merger, the firm has cut 10% of its partners to avoid duplication across the two integrated businesses. A number of lawyers have also chosen to leave the firm for rivals. However, A&O Shearman also reported that it’s hired 16 lawyers from other firms this year.
The firm has made “important investments” in its business over the past year, including the firm-wide implementation of AI tool Harvey. A&O Shearman’s global managing partner, Hervé Ekué, said: “In our first year as a merged firm, we have delivered strong results while making important investments in our business, including reshaping the firm to ensure we are optimally positioned to meet client needs.”
The firm’s recent partner pay places it slightly behind other magic circle firms, such as Clifford Chance and Linklaters LLP, which reached an average of £2.1 million and £2.2 million, respectively.
