Lateral Look: Allen & Overy

From Allen & Over-the-pond, this magic circle member is planting seeds to take the US legal market by storm.

Allen & Overy Lateral Profile 2023

*In May 2023, Allen & Overy announced its plans to merge with Wall Street finance firm Shearman & Sterling. Read more about the news here.*

 The firm’s US presence covers six offices spread across BostonLos AngelesNew YorkSan FranciscoSilicon Valley, and DC. These six offices alone garner the firm 21 Chambers USA rankings, most notably for national corporate crime & investigations and agency financing expertise. The firm’s nationwide capital markets securitizationderivativesenvironmentalPPP (public-private partnership) projects, and renewables work also receive high praise. And we’ve only just begun to scratch the surface on A&O’s prowess. In Chambers Global, the firm receives just shy of 300 rankings across a multitude of jurisdictions. Most notable is its work in banking & financecapital marketsdispute resolutionprojects & energy, and tax. Head over to chambers.com for the full list (and if you’ve got an afternoon to spare…).

View the firm’s Chambers USA rankings

Read the firm’s Inside View feature on junior associate life

Why did you join your firm? Associates say…

“The global presence and professionalism of the attorneys drew me to A&O.”

“For its cross-border practice and cutting-edge transactions.”

“I chose the firm to join an enterprising new group that would allow me to specialize more than my previous firm. I was also attracted to the size and resources of the firm and its unique global footprint that encourages cross-border collaboration between offices.”


 

 Strategic Recruitment Focuses 2023

Corporate careers

The view from the firm: Allen & Overy’s leading U.S. Corporate practice routinely advises clients on their largest and most complex U.S. public and private transactions. We focus on representing multinational corporate clients such as Associated British Foods, Bridgepoint, EQT Partners, Google, Mubdala, Novartis, SAP and many more. We are able to provide expertise and scope that most U.S. law firms simply cannot match, with a consistently high level of service ensuring our clients return to us time and time again for their most important deals.

Recent work highlight: Advised Singaporean cryptocurrency trading company Altonomy on the sale of its over-the-counter and trade execution business subsidiary to Blockchain.com.

IP litigation careers

The view from the firm: The firm’s IP Litigation practice provides legal services to household names in their most complex matters, including patent litigation and trade secrets disputes.  Our practice litigates in the ITC, the ICC, the PTAB, the Federal Circuit and district courts.  We have successfully litigated hundreds of patent cases in key patent venues, including California, Texas, Delaware, New York and Pennsylvania. Clients include leaders such as Meta (f/k/a Facebook), Google, Block and Walmart.

Recent work highlight: Represented Google in a series of trials before the International Trade Commission relating to Section 337 investigations to do with the importation and sale of Google's Nest Smart Thermostats.

Infrastructure & energy project finance careers

The view from the firm: Allen & Overy is widely regarded as one of the best infrastructure and energy project finance legal advisors globally, including in the United States. Our award-winning Projects Energy Natural Resources and Infrastructure (“PENRI”) team has been named ‘Global Legal Advisor of the Year’, and a No. 1 advisor for 19 infrastructure finance and project finance categories. Allen & Overy has acted as counsel to infrastructure and energy fund investors, developers, strategic and other equity sponsors, public agencies and lenders in projects in multiple U.S. jurisdictions and across various sectors, including transportation, traditional and renewable energy, water, social infrastructure and telecommunications. We are well equipped to anticipate and devise pragmatic and workable solutions to all of the issues that may arise in all types of project transactions by taking into account the perspective of all parties involved and all aspects of the project life cycle.

Recent energy work highlight: Filed a petition at the Federal Energy Regulatory Commission (FERC) on behalf of renewable energy manufacturer NineDot Energy in relation to various federal energy regulations.

Funds & asset management careers

The view from the firm: Allen & Overy is a full service global law firm advising the world’s leading companies on a wide range of matters focused on market-leading funds and asset management, our practice for which provides a full-service offering to institutional investors and fund manager clients. With asset management, tax and regulatory professionals in all of the major financial centers, our local knowledge, global coverage and responsiveness are second to none. Our practice has been established for over 27 years in this area and continues to grow. Our team advise on the structuring, establishment as well as the investments made into alternative funds. Our team also advise on a wide range of regulatory developments and, unlike most firms, we have developed all our funds and asset management lawyers with a “regulatory DNA”. Our tax specialists work closely with our team and have extensive experience advising on AIF tax structuring issues and the latest regulatory developments facing fund managers.


 

 International & Secondment Opportunities

Client secondment opportunities (view from the firm): We work closely with our clients both in the U.S. and abroad for secondment opportunities for our associates.

Overseas career development opportunities (view from the firm): A&O associates have the opportunity to tap into our Global Network with cross-office secondments. 


 

 Career Development & the Path to Partnership

 

4

2.5 : 1

21%

partners made in 2022

associate : partner gearing

of associates intend to make partner

64%

39%

87%

felt partnership was achievable for attorneys with children felt partnership was achievable at the firm agreed partners
are nurturing
future leaders

 

The view from the firm: A&O offers a comprehensive mentoring program; professional development training; integration plans for newly elected partners.


 

 Hours & Compensation

 

no requirement

13.6

49.3

billable hours
target

average number of vacation days associates took in one year

average number of hours associates worked in one week

71%

57%

77%

agreed they had a good work-life balance

said the benefits package makes the workload worthwhile

found the bonus allocation fair and transparent

 

Salaries

1st year: $215,000

2nd year: $225,000

3rd year: $250,000

4th year: $295,000

5th year: $345,000

6th year: $370,000

7th year: $400,000

8th year: $415,000

 


 

 Is A&O the right firm for you?

 

94%

100%

were happy in their current role

     agreed the work is interesting

The view from the firm: We work to attract and retain the very best people – and we support them to build their future with us. We foster a working environment based on collaboration and mutual respect, where everyone is trusted to do their very best work in the way they see fit, to a standard we all share. We aim to make progress by harnessing our differences, which is why diversity, equity and inclusion are some of our strategic priorities. We’re committed to supporting a culture that drives inclusion.

We asked survey respondents what stands out about the firm's culture?

“The professionalism of the attorneys and the diversity of thought resulting from the firm's global presence.”

“The firm is collaborative. It does not have an eat what you kill model.”

“Great people and promising growing path.”


 

 Diversity, Inclusion & Wellbeing

 

77%

23%

44%

reported strong performance in inclusivity training

of partners are women

of associates identify as ethnically diverse


Pro Bono

 

30.5

77%

average pro bono
hours 
per US attorney    

    agreed the firm is committed to pro bono

 

Pro bono highlights: IRAP; Immigration Equality; Cyrus R. Vance Center; Election Protection/LCCRUL; VOLS (Volunteers of Legal Service); Lawyers Alliance


 

Contact

Learn more about opportunities at the firm

Recruitment contact: US_lateral_recruitment@allenovery.com