As a pivotal merger looms, Allen & Overy (A&O) and Shearman & Sterling have reportedly retained the services of McKinsey & KPMG. The announcement revealed that the firms sought advice from these esteemed business consultancies on matters ranging from operational integration to workplace methodologies.
Allen & Overy, with its headquarter in London, and American-based Shearman & Sterling, are giants in the international legal world. They serve on the frontline of many of the biggest global transactions, meaning the pending merger will carry significant weight in the legal field, both domestically and internationally.
The move to employ McKinsey and KPMG’s services reaffirms the pivotal role consulting agencies play in molding the future of global law firms, particularly during significant organizational transitions such as this one.
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