Legal Services

Allen & Overy partner pay hit £2.2m before Shearman merger deal

Allen & Overy merged with Shearman & Sterling on 1 May

A&O partners saw their pay boosted by nearly 20% before the firm merged with Shearman Chris Ratcliffe/Bloomberg via Getty Images
A&O partners saw their pay boosted by nearly 20% before the firm merged with Shearman Chris Ratcliffe/Bloomberg via Getty Images Photo: Bloomberg via Getty Images

Allen & Overy partners were paid an average of £2.2m for the firm’s final year prior to its merger with Shearman & Sterling.

Average profit per equity partner jumped to £2.2m in the year ended 30 April, up from £1.8m the previous year, an increase of 19%.

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