Allen & Overy Presses US Growth Plan Despite Market Turmoil

Allen & Overy is plowing ahead with US growth plans, even as competitors pull back and deal flows ebb to a trickle.

The UK-founded firm is looking to add about 50 US partners to the nearly 100 it has now over the next two-plus years, said Tim House, Allen & Overy’s senior US partner, in an interview. The firm also plans to boost its hiring of US associates, he said.

“There’s every reason why our strategy should have us equally weighted, if not more heavily weighted, US law to English law,” House said. “We’re on that journey.”

Allen & Overy ...