Ed. be aware: Welcome to our every day characteristic, Quote of the Day.
Whereas the ideas for shared governance of the mixed agency have been agreed, the specifics will probably be additional developed after the vote as a part of the combination course of.
— A joint assertion from Allen & Overy and Shearman & Sterling given to Bloomberg Law, regarding the truth that Allen & Overy’s present leaders, senior associate Wim Dejonghe and managing associate Khalid Garousha, will take cost of A&O Shearman if the merger is authorized subsequent week. Shearman’s senior associate, Adam Hakki, is predicted to play a senior position within the mixed agency’s governance, and can sit on its govt committee.
Staci Zaretsky is a senior editor at Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be at liberty to email her with any ideas, questions, feedback, or critiques. You’ll be able to comply with her on Twitter and Threads or join along with her on LinkedIn.