Score of 97.14/100 qualifies for PaymentCheck Certification
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Nov 2025 - 30 Apr 2026 | 28 May 2026 | 20 | 87% | 11% | 2% | 34% |
| 01 May 2025 - 31 Oct 2025 | 21 Nov 2025 | 14 | 93% | 5% | 2% | 3% |
| 01 Nov 2024 - 30 Apr 2025 | 28 May 2025 | 14 | 96% | 3% | 1% | 3% |
| 01 May 2024 - 31 Oct 2024 | 27 Nov 2024 | 27 | 76% | 4% | 20% | 4% |
| 01 Nov 2023 - 30 Apr 2024 | 26 Jun 2024 | 23 | 80% | 16% | 4% | 11% |
| 01 May 2023 - 31 Oct 2023 | 22 Nov 2023 | 19 | 90% | 7% | 3% | 6% |
| 01 Nov 2022 - 30 Apr 2023 | 29 May 2023 | 17 | 88% | 6% | 6% | 4% |
| 01 May 2022 - 31 Oct 2022 | 29 Nov 2022 | 11 | 98% | 0% | 2% | 0% |
| 01 Nov 2021 - 30 Apr 2022 | 25 May 2022 | 16 | 82% | 16% | 3% | 14% |
| 01 May 2021 - 31 Oct 2021 | 30 Nov 2021 | 19 | 86% | 10% | 4% | 11% |
| 01 Nov 2020 - 30 Apr 2021 | 19 May 2021 | 20 | 81% | 17% | 2% | 15% |
| 01 May 2020 - 31 Oct 2020 | 17 Nov 2020 | 38 | 86% | 5% | 9% | 9% |
| 01 Nov 2019 - 30 Apr 2020 | 25 Aug 2020 | 25 | 85% | 10% | 5% | 8% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
30 days, or less, is our standard payment term for the majority of vendors, however we pay a number of vendors on 60 day payment terms (vendors in this category are typically our largest vendors by spend with whom we have centrally procured and negotiated payment terms)
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
We pay valid, undisputed invoices within the agreed payment period. If we dispute any item in an invoice, we aim to (a) promptly inform the supplier of the disputed item and (b) work with the supplier to (1) explain why the relevant item has been disputed and (2) reach a mutually acceptable outcome. Suppliers are encouraged to contact Account Payable by email at accountspayable@aoshearman.com with any questions relating to the payment of invoices
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
This entity is registered as a UK limited liability partnership and forms part of the A&O Shearman group, a global law firm. A&O Shearman was created in 2024 through the merger of Allen & Overy and Shearman & Sterling, and operates internationally with lawyers advising on corporate and M&A, disputes, finance, capital markets, and regulatory matters. This particular LLP represents the group's Belgium-related practice structure, while the wider firm employs nearly 4,000 lawyers across North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America, serving major listed companies and financial institutions worldwide.
Generated from the company's website and Companies House records. Sources: allenovery.com · allenovery.com