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A&O embarks on radical restructuring with pay frozen and partners and staff cut back

Author: Emma Sadowski and Sofia Lind

26 Feb 2009 | 04:00

Allen & Overy (A&O) is implementing a sweeping restructuring after announcing radical plans to slash partner, fee earner and support staff positions with the loss of more than 400 jobs.The restructuring, which will also see the firm freeze salaries and billing rates at 2008 levels, is expected to co ...

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