Training Contract at Allen & Overy
Application guide, insider tips, and SQE funding details for 2026.
The Firm
About Allen & Overy
Allen & Overy (now A&O Shearman following its 2024 combination with Shearman & Sterling) is one of the original Magic Circle firms. It is particularly renowned for its banking and finance, capital markets, and cross-border M&A practices across more than 40 countries.
The firm has a reputation for high intellectual standards and a demanding but supportive trainee environment. Following the combination with Shearman & Sterling, the firm has an increasingly transatlantic focus. Pro bono and social mobility initiatives are prominent.
Key Numbers
Training contract at a glance
Allen & Overy funds SQE preparation — A&O Shearman funds SQE preparation in full, including course fees and SRA exam registration fees. Use our SQE Cost Calculator to understand what you may still need to cover.
Preferred provider: BPP University Law School
Selection Criteria
What Allen & Overy looks for
Academic requirements
A 2:1 degree or above in any subject. The firm funds GDL/PGDL conversion for non-law graduates.
Core values they screen for
Experience & background
Vacation scheme experience at A&O is strongly preferred. Commercial work experience of any kind is valued.
The Process
Application timeline
Primary TC pipeline - apply for the summer vacation scheme first.
Verbal reasoning, situational judgement, and a video interview.
Group exercise, written exercise, and a partner interview.
TC offers typically made at the end of the scheme.
How to Win
Application tips for Allen & Overy
Read Financial Times coverage of cross-border deals and be able to discuss them fluently - M&A and finance are the firm's heartland.
Reference specific practice areas you want to sit in; the firm expects candidates to understand its structure.
Post-combination with Shearman & Sterling, the firm is building a more US-facing culture - international ambition is valued.
SQE tip: Some firms view positively candidates already preparing for SQE1 — it signals commitment to qualification. SQE explained →
Assessment
Interview & assessment format
Process stages
- 1Online application
- 2Online assessments (verbal/SJT)
- 3Video interview
- 4Assessment centre (group, written, partner interview)
Interview tips
- —Prepare STAR examples for commercial awareness, teamwork, and resilience.
- —The partner interview includes a case study - practise structuring commercial analysis.
Insider Knowledge
Insider tips
Observations from those who know the firm well.
The firm has a particularly strong capital markets practice - candidates interested in this area should reference it explicitly.
International secondments are a genuine feature of training - demonstrating language skills or international experience helps.
Qualification Costs
SQE funding at Allen & Overy
A&O Shearman funds SQE preparation in full, including course fees and SRA exam registration fees. A maintenance grant is provided during study. The firm uses BPP University Law School as its appointed provider, though candidates should verify current arrangements as these can change post-combination.
Preferred SQE provider: BPP University Law School
The Full Picture
The full qualification journey
TC + SQE — here's the complete path from application to the roll.
SQE1 and SQE2 steps link to live pass rate data. Full SQE explained →
Got your TC? Now plan your SQE.
Your firm covers a lot — but you still need to pass SQE1 and SQE2. Here's where to start.
FAQ
Allen & Overy — frequently asked questions
How many trainees does Allen & Overy take per year?
What is the Allen & Overy training contract salary?
Does Allen & Overy fund SQE preparation?
What is the Allen & Overy training contract application deadline?
What does Allen & Overy look for in training contract applications?
What is the Allen & Overy assessment centre format?
Ready to apply?
Applications go directly to Allen & Overy's official graduate recruitment portal.
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