Second trial dropped in place of overall cuts? (8,4)

I believe the answer is:

shearing shed

'place of overall cuts?' is the definition.
(place where sheep are sheared all over)

'second trial dropped' is the wordplay.
'second' becomes 's' (common abbreviation).
'trial' becomes 'hearing' (as in a court hearing).
'dropped' becomes 'shed' ('shed' can be a synonym of 'drop').
's'+'hearing'+'shed'='SHEARING SHED'

'in' is the link.

I've seen this clue in The Times.

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