Allen & Overy (A&O) is in talks with a number of high-profile clients over deploying lawyers from its contract law business in-house following a successful soft launch period.

The magic circle firm introduced its Peerpoint business last year, initially using only its own alumni working directly for A&O. But it has now spoken to around 10 to 12 clients, including high-profile financial institutions, with a view to offering in-house placements before the end of the year.