A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets.
This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength.
Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations.
Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
On January 12, 2017, the US House of Representatives passed H.R.
78, the SEC Regulatory Accountability Act, sponsored by Rep. Ann
Wagner (R-MO). The Act would require the US Securities and Exchange
Commission to justify the costs and benefits of a proposed
regulation prior to its issuance of the same. In addition, before
issuing a regulation, the SEC would also be required to do the
following: (i) identify the nature and source of the problem its
proposed regulation is meant to address; (ii) identify and assess
available alternatives; and (iii) ensure that any regulations are
consistent and written in plain language. The legislation also
contains language requiring the SEC to conduct a retrospective
review of its regulations every five years and to perform
post-adoption impact assessments of major rules.
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