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Shira Selengut

Senior Counsel

New York

Selengut Shira
Shira Selengut

Senior Counsel

New York

Shira has a diversified practice in the employment and benefits field, with a primary focus on the Employee Retirement Income Security Act (ERISA). She advises private investment funds and financial institutions on complex ERISA matters, including the application of the Plan Assets Regulation promulgated thereunder and ERISA’s fiduciary and prohibited transaction rules. She advises lenders and borrowers in structured loan facilities, and underwriters, issuers, dealers, collateral managers and investors in asset-backed securities, covered bonds, collateralized loan obligations, derivatives and other structured finance transactions with respect to ERISA.

Shira also has extensive experience advising clients on U.S. employee benefits and executive compensation issues in the context of U.S. and cross-border corporate transactions, including reorganizations and restructurings, mergers and acquisitions, private equity and funding transactions and financing arrangements. She also advises public and private companies and private equity firms on the design and implementation of their annual and long-term incentive compensation plans, hiring and reduction of their workforce, employment, consulting and separation agreements, severance and retention arrangements, restrictive covenants, equity and equity-based incentive compensation arrangements, taxation as it relates to compensation, and securities and regulatory laws.

Shira graduated, cum laude, from Fordham University School of Law in 2008, and with Highest Honors from the Rutgers Business School in 2004. Prior to attending law school, Shira worked as an auditor at PricewaterhouseCoopers LLP. Following law school, Shira worked as an associate in the tax group of a major U.S. law firm for three years before joining Allen & Overy’s U.S. Employment and Benefits practice in 2011.

News & insights

The Lincoln Tower in Washington

Publications: 07 DECEMBER 2021

November 2021 update: U.S. House Ways and Means Committee Build Back Better Act - proposals related to tax credits and clean energy

On 19 November 2021, the U.S. House of Representatives passed the Build Back Better Act.

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Aerial view of buildings and roads in a busy city

News: 06 DECEMBER 2021

A&O advised Optimum on the formation of a strategic EUR800 million joint venture with Blackstone

Allen & Overy has advised Optimum Asset Management (Optimum) and its managed fund Optimum Evolution Fund SIF - Property II, a Luxembourg-based regulated compartment, on the formation of a joint…

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High rise buildings with sun reflecting

Publications: 03 DECEMBER 2021

Jokowi affirms Government's commitment to implement 'fix' of Omnibus Law

On 25 November 2021, the Constitutional Court of Indonesia (the Court) declared that the formation of Law No. 11 of 2020 regarding Job Creation (the Omnibus Law) violated the 1945 Constitution of…

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Ground floor image of an office building

Publications: 12 MARCH 2021

Webinar: A global view on whistleblowing – what is the current and anticipated landscape?

By the end of 2021, EU member states must have transposed the requirements of the new EU Whistleblower Protection Directive into national legislation.

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Employment and Benefits


New York

Allen & Overy LLP
1221 Avenue of the Americas
New York
NY 10020

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Admitted: Bar of the State of New York, 2009

Admitted: Bar of the State of New Jersey, 2008


J.D., Fordham University Law School, 2008

B.S., magna cum laude, Rutgers Business School, 2004