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Why magic circle law giant Allen & Overy staked its future on America

A merger with US-based Shearman has created a legal colossus, but senior staff are leaving and private equity money could remain elusive

A&O high yield head retires ahead of Shearman tie-up as firm makes first combined partner promos

Prominent high-yield partner Kevin Muzilla has retired from Allen & Overy, in the latest departure from the practice ahead of next month's A&O Shea

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