Allen & Overy LLP

Allen & Overy stands as not only one of the U.K.'s most prestigious law firms-a pillar of the vaunted Magic Circle-but one of the largest firms in the world in terms of revenue. From two U.S. locations in New York and Washington, DC-and 180 U.S.-based attorneys-the firm continues to make its imprint on the American map, handling such matters as Nasdaq's audacious bid for the London Stock Exchange. 

A Convenient Abdication

Founders George Allen and Thomas Overy left a firm called Roney & Co. to open shop in London in 1930 and build a commercial practice. They brought along their Roney client lists and managed to drum up enough business to stay afloat, even though Europe was still recovering from World War I and the United States was plunging into the Great Depression. It was Allen's representation of King Edward VIII during his1936 abdication to marry American Wallis Simpson that really made the firm's name (at the time, no scandal was bigger). The firm grew in the post-WWII years, but its leaders soon made their exits: Allen retired in 1953, and Overy developed health problems that forced him to stop working in 1960. By then, the firm they'd built had become one of London's most prominent legal shops.

The dawn of the 1970s brought change and turbulence: A&O began making inroads in the then-new field of intellectual property and developing a robust banking practice. It continued to expand under the guidance of new partners-most notably Jim Thomson, who had a sterling reputation as a commercial lawyer. In 1971, Thomson was killed in a car accident; the shock devastated the firm, and some wondered how it would survive without Thomson's leadership.

From London to the World

But survive it did-A&O took advantage of the increasingly global nature of finance, working on early syndicated loan and Eurobond transactions and doing business far from its home base in London. Legend has it that one globetrotting A&O partner offered an ailing seatmate some stomach medicine on a flight from the Middle East to London-the man turned out to be a UBS senior executive who was interested in Eurobond deals, and thus UBS became an A&O client. By the mid-1990s the firm earned more revenue from its non-U.K. clients than its domestic clients.

Today A&O has offices and partners in 30 countries, and it has a network of associate firms that enable it to do business in 100 more nations. Among the sectors it serves are energy and natural resources, financial services, real estate, life sciences, insurance, hotels and leisure and communications, media and technology. And while the firm has a strong U.S.-based practice, the group border hops: A&O staffs U.S.-qualified attorneys in the U.S., the U.K., continental Europe and Asia-the better to serve multinational clients.

IN THE NEWS

Ongoing

In Defense of Fabrice Tourre
Allen & Overy represents Fabrice Tourre, Vice President of Goldman Sachs, in defense of SEC charges alleging fraud in marketing a CDO tied to subprime mortgages.

April 2013

Promoting Partners the World Over
Allen & Overy announced it would promote 19 lawyers to partner across 10 offices in nine countries, reinforcing clients' demand for leading lawyers in both mature and developing markets around the world.

March 2013

Global Winners
Allen & Overy was named both "Global Law Firm of the Year" and "North American Law Firm of the Year" at the Infrastructure Investor Awards 2012. This was the fourth year in a row that Allen & Overy was named "Global Law Firm of the Year" (every year since the poll's inception) and the third consecutive year it won "North American Law Firm of the Year."

Deal of the Year
Allen & Overy was awarded the Structured Finance and Securitization Deal of the Year 2012 for Royal Bank of Canada's SEC-registered covered bonds by International Financial Law Review.

October 2012

Meaningful Mentors for Women
Allen & Overy's Latin America practice won the 2012 Best Mentoring Program award in this year's international law firm category by Chambers Women in Law. The award recognized the firm's global sponsorship/mentoring programs and ways in which these have made a difference in the retention and promotion of female attorneys in the Latin America practice.

July 2012

Boosting Global Antitrust
John Terzaken, Director of Criminal Enforcement of the U.S. Department of Justice, Antitrust Division joined the firm's global antitrust practice. This key appointment is in line with the firm's ambition to achieve a position of market leadership as a premier global antitrust law firm.

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Allen & Overy LLP


1221 Avenue of the Americas
New York, NY 10020
Phone: (212) 610-6300
Fax: (212) 610-6399
www.allenovery.com

STATS


  • Employer Type: Private
  • US Managing Partner: Kevin O’Shea
  • New York Hiring Partner: Erwin Dweck
  • London Hiring Partner: Sachin Dave
  • Total No. Attorneys 2014: 2,735

  • Employment Contact

    Nicole Lancia
    Senior Manager, US Recruitment
    Phone: (212) 610-6300
    Fax: (212) 610-6399
    E-mail: legalcareers@allenovery.com


  • Base Salary

    New York, NY
    1st year: $160,000
    2nd year: $170,000
    3rd year: $185,000
    4th year: $200,000
    5th year: $225,000
    6th year: $250,000
    7th year: $265,000
    8th year: $280,000
    Summer associate: $3,076/week


  • Summer Associate Offers

    23 out of 24 (New York, DC, London and Hong Kong) (2013)


  • Major Departments & Practices

    Antitrust & EU
    Banking
    Broker-Dealer
    Corporate/M&A
    Derivatives & Structured Products
    Employment & Benefits
    Energy & Natural Resources
    Environmental, Climate Change, Regulatory
    Financial Restructuring & Insolvency
    Intellectual Property Litigation
    International Arbitration
    International Capital Markets
    Latin America
    Litigation
    Political Law
    Project Finance
    Real Estate Finance
    Tax
    U.S. China Group
    U.S. Regulatory

Major Office Locations

  • London (HQ) • New York, NY • Washington, DC • Abu Dhabi • Amsterdam • Antwerp • Athens (representative office) • Bangkok • Beijing • Belfast • Bratislava • Brussels • Bucharest (associated office) • Budapest • Casablanca • Doha • Dubai • Düsseldorf • Frankfurt • Hamburg • Hanoi • Ho Chi Minh City • Hong Kong • Istanbul • Jakarta (associated office) • Luxembourg • Madrid • Mannheim • Milan • Moscow • Munich • Paris • Perth • Prague • Riyadh (associated office) • Rome • São Paulo • Shanghai • Singapore • Sydney • Tokyo • Warsaw • Yangon

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