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The loans have already been dispensed to partners who signed up

Professional Services Correspondent

Allen & Overy and Shearman & Sterling are offering partners forgivable loans in a bid to get them to stay with the combined firm after its 2024 merger.

Partners at the two law firms voted in October to merge in a deal that will create a £3.4bn firm, which will complete in May 2024.

A&O and Shearman hand out forgivable loans to lock in partners after £3.4bn merger

A&O and Shearman hand out forgivable loans to lock-in partners after £3.4bn merger

James Booth

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https://images.fnlondon.com/im-88462949?size=1.5

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

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https://images.fnlondon.com/im-93271833?size=1.5

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