Comments on: A&O Shearman: A new Magic Circle mega-firm is born https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/ Legal news, insider insight and careers advice Thu, 02 May 2024 20:57:08 +0000 hourly 1 https://wordpress.org/?v=6.5.5 By: cool guy https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189971 Thu, 02 May 2024 20:57:08 +0000 https://www.legalcheek.com/?p=204426#comment-1189971 In reply to Shear Man.

this is a reference to The Ramones – Blitzkrieg Bop

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By: Profit lady https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189926 Thu, 02 May 2024 11:31:59 +0000 https://www.legalcheek.com/?p=204426#comment-1189926 In reply to anon.

Worth it in what way? The whole point of a law firm is to make money!

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By: Associate @ HFW https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189924 Thu, 02 May 2024 11:14:25 +0000 https://www.legalcheek.com/?p=204426#comment-1189924 In reply to Kirkland NQ.

What an odious comment

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By: Shear Man https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189901 Thu, 02 May 2024 08:22:06 +0000 https://www.legalcheek.com/?p=204426#comment-1189901 A (&) O… Let’s go! 🎶]]> 🎶A (&) O…

Let’s go! 🎶

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By: US NQ https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189853 Wed, 01 May 2024 20:59:03 +0000 https://www.legalcheek.com/?p=204426#comment-1189853 Nothing more than a merger of mediocrity.

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By: Tom https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189823 Wed, 01 May 2024 16:38:36 +0000 https://www.legalcheek.com/?p=204426#comment-1189823 Really exciting. Should be able to bring some serious synergies and efficiencies to the new firm.

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By: White Shoe + Magic Circle Gattai https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189820 Wed, 01 May 2024 15:37:48 +0000 https://www.legalcheek.com/?p=204426#comment-1189820 I think the terms “Magic Shoe” is more appropriate

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By: anon https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189817 Wed, 01 May 2024 15:28:29 +0000 https://www.legalcheek.com/?p=204426#comment-1189817 In reply to Market enjoyer.

The highest PEP comes from American operations so it’s difficult to have a global presence and high PEP. see DLA Piper or Dentons or Baker … but it’s worth it IMO. We’re moving to a global world.

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By: Market enjoyer https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189815 Wed, 01 May 2024 14:52:11 +0000 https://www.legalcheek.com/?p=204426#comment-1189815 Their PEP now puts them at around 40th in the world.

A decade ago they were much higher.

Scream all you want – the numbers don’t lie.

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By: US 2PQE https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189812 Wed, 01 May 2024 14:02:05 +0000 https://www.legalcheek.com/?p=204426#comment-1189812 In reply to Market enjoyer.

In what world is A&O “in relative decline”?

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By: Observer https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189811 Wed, 01 May 2024 14:00:03 +0000 https://www.legalcheek.com/?p=204426#comment-1189811 In reply to Market enjoyer.

Absolutely bizarre to claim that A&O is in decline? Highest revenue of any of the magic circle firms and growing year on year. Sounds like someone who got rejected….

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By: Market enjoyer https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189809 Wed, 01 May 2024 13:49:11 +0000 https://www.legalcheek.com/?p=204426#comment-1189809 In reply to Anon.

“Relative” decline

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By: Anon https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189806 Wed, 01 May 2024 12:47:08 +0000 https://www.legalcheek.com/?p=204426#comment-1189806 In reply to Market enjoyer.

How is a&o in decline? Revenue and PEP been going up consistently year on year.

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By: Market enjoyer https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189803 Wed, 01 May 2024 12:28:15 +0000 https://www.legalcheek.com/?p=204426#comment-1189803 Two firms in relative decline merging for survival – will be interesting to see if they manage to pull ahead of the rest of the old guard.

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By: anon https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189798 Wed, 01 May 2024 11:08:44 +0000 https://www.legalcheek.com/?p=204426#comment-1189798 In reply to Davide.

“Plans to relocate to smaller premises doesn’t exactly sing confidence in growth plans.”

A&O did that lease before the merger. They’ll def. rent more space now.

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By: anon https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189797 Wed, 01 May 2024 11:06:46 +0000 https://www.legalcheek.com/?p=204426#comment-1189797 O’Melveny seething.

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By: Allan https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189792 Wed, 01 May 2024 10:20:43 +0000 https://www.legalcheek.com/?p=204426#comment-1189792 Huge if true

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By: Anonymous https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189789 Wed, 01 May 2024 10:03:28 +0000 https://www.legalcheek.com/?p=204426#comment-1189789 Car crash incoming – think of BCLP x10

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By: Kirkland NQ https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189785 Wed, 01 May 2024 09:31:49 +0000 https://www.legalcheek.com/?p=204426#comment-1189785 It’s not a “mega firm” unless NQs can afford Lambos.

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By: Davide https://www.legalcheek.com/2024/05/ao-shearman-a-new-magic-circle-mega-firm-is-born/#comment-1189783 Wed, 01 May 2024 09:17:56 +0000 https://www.legalcheek.com/?p=204426#comment-1189783 Plans to relocate to smaller premises doesn’t exactly sing confidence in growth plans. I’d expect consolidation.

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