A&O Shearman records €3.4bn turnover in first year of merger

A&O Shearman has reported revenue of €3.4 billion in the first year following the merger of Allen & Overy and Shearman & Stirling.
The firm enjoyed profit before tax of €1.3 billion in the financial year ending 30 April 2025, amounting to profit per equity partner (PEP) of €2.4 million.
This is A&O Shearman’s first set of financial results as a combined firm following the merger completed in May 2024, meaning no comparison to the previous year is possible.
A&O Sherman has nearly 4,000 lawyers and around 800 partners across 49 offices, including Belfast and Dublin.
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.
“We have created a significantly enhanced proposition for our clients: when global businesses face their most pressing strategic needs, they need counsel that can deliver seamlessly across markets and industries. That’s exactly what we’ve built.”