Allen & Overy (A&O) has cut its overall IT spend by 10% during the past financial year, saving more than £1m through measures including the extension of an agreement with IT outsourcer Savvis to its European network.
The magic circle firm confirmed that it has cut IT spend by 10% but would not be drawn on the precise figure saved, saying only that it was a seven-figure sum. A&O made the savings by axing servers in its international offices and expanding an existing deal with Savvis, which already held most of the firm’s UK server space.
