Law firms Dealwatch: Magic Circle firms lead on major City broking merger Tom Moore · 9 November 2015 · 2 min read Corporate and M&A Deal watch A&O Shearman Ashurst Clifford Chance Simmons & Simmons Clifford Chance and Allen & Overy (A&O) are orchestrating a tie-up between two of the City’s most storied brokers, Icap and Tullett Prebon, as the market consolidates in response to low trading volumes and tougher regulations.Your limit of 1 article in 30 days is up. Please login for full access or subscribe. Corporate users - click here for simple access (no password needed). For more information, please contact [email protected] Related ContentMore in this category‘The death of the billable hour’ – former A&O head launches AI-native firmLaw firmsKate Peacock2 Oct 2026CC, HSF Kramer and Linklaters come out on top in latest L500 UK researchLaw firm dataAmy Ulliott1 Oct 2026A&O Shearman hires Stephenson Harwood pair as global secondaries co-headsLaw firmsKate Peacock1 Oct 2026‘People need to feel it’ – Reed Smith chiefs on upping the firm’s ambitionLaw firmsTom Cox29 Sep 2026Trading Places: Gibson Dunn picks up Paul Weiss disputes trio as Latham finance pair move to V&ELaw firmsWill Lewallen25 Sep 2026A&O Shearman and HSFK lead as Airtel plans landmark London IPOLaw firmsWill Lewallen24 Sep 2026Dealwatch: Global 100 advisers take centre stage on BlackRock-GIP $12.5bn mega dealLaw firmsAlex Ryan15 Jan 2024Dealwatch: Telegraph auction off as Barclay brothers pay off Lloyds debt with loanLaw firmsAlex Ryan8 Dec 2023Deal Watch: activity powers on as Latham and A&O lead on $19bn energy joint ventureLaw firmsMegan Mayers9 Sep 2022