A&O Shearman has unveiled its first set of financials since creating the world’s largest Anglo-American law firm — and for a stitched-together giant still working out how to share the same stationery, the numbers are healthy and partner pay too.
Revenue hit £2.9 billion (US$3.7 billion) with pretax profit of £1.1 billion (US$1.4 billion). Average profit per equity partner landed at £2 million (US$2.6 million)
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