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Allen & Overy, Shearman & Sterling Partners Approve Merger

Over 99% of the partners at Allen & Overy and Shearman & Sterling voted for the two global firms to combine, with both parties beginning "active integration planning," aiming to complete the transaction by May, the Oct. 13 announcement said.…

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Both have international trade and financial sanctions practices. The new firm, A&O Shearman, will have around 3,950 lawyers and 800 partners worldwide, the announcement said.