‘We can compete’: A&O breaks lockstep again for new Manhattan finance team

‘We can compete’: A&O breaks lockstep again for new Manhattan finance team

Allen & Overy (A&O) has broken lockstep again for a New York finance team hired last week, about six months after it used its rejigged remuneration system to bring in a four partner leveraged finance team.

Legal Business understands the firm broke its lockstep for the hire of a three partner finance and securities team from Paul Hastings including heavy hitter Bill Schwitter.

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