David Esseks and Eugene Ingoglia are departing A&O Shearman to launch a new litigation firm named Esseks Ingoglia. Their exit coincides with a trend of partner departures following the firm's merger in May 2024, during which around 59 partners left. The firm has plans to cut 10% of its equity partnership. Compounding the issue, A&O Shearman committed $125 million in pro bono legal services to the Trump administration, leading to internal dissent from attorneys opposed to this decision.
The merger of Allen & Overy and Shearman & Sterling brought a lot of collateral damage, with a promised 10 percent cut to the equity partner ranks and some 59 partners departing since then.
Esseks and Ingoglia are the latest partners to leave A&O Shearman, which has experienced fairly consistent departures since the firm's merger took effect in May 2024.
Lawyers, particularly litigators with practices based on constantly opposing the federal government, face serious obstacles living under a deal that the White House certainly believes commits them to volunteer their services directly to the administration.
Many, but not all, of these are likely to be connected to the firm's plans...to cut 10% of its equity partnership.
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