Cleary Gottlieb Steen & Hamilton Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Cleary Gottlieb Steen & Hamilton LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Cleary Gottlieb Steen & Hamilton LLP

  • Designation: New York
  • Head Count: 1,203
  • Gross Revenues: $1,212,500,000
  • Revenue Per Lawyer: $1,010,000
  • Profits Per Partner: $3,080,000
  • Year Over Year Change: -2

Cleary Gottlieb Steen & Hamilton is a New York-based law firm.  According to the National Law Journal's 2015 NLJ 350 ranking of firms based on size, Cleary Gottlieb Steen & Hamilton has 1178 attorneys and is the 19th largest firm in the United States.  With $1,250,000,000 in gross revenue in 2014, the firm placed 16th on The American Lawyer's 2015 Am Law 200 ranking.  On the 2014 Global 100 survey, Cleary Gottlieb Steen & Hamilton ranked as the 21st highest grossing law firm in the world.  The firm has offices in DC and NY.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 18 -2 Gross revenue
Am Law 200 18 -2 Gross revenue
NLJ 250 18 -1 Lawyer head count
The A-List 22 3 Overall excellence
Pro Bono Scorecard 38 0 Pro-bono commitment
Diversity Scorecard 13 0 Minority head count
Midlevel Associates Survey 59 -41 Job satisfaction
Summer Associates Survey 92 -9 Summer programs

In the News

DLA Piper Adds High-Powered Duo, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : May 02, 2016

DLA Piper bags new recruits from Skadden and Willkie Farr; Chadbourne & Parke picks up a partner with World Cup ties; Cleary Gottlieb adds an Allen & Overy practice leader; Stroock nabs a former federal judge; and other notable additions from throughout The Am Law 200.

Latham's Alice Fisher Passes MP Reins to Mike Egge in D.C.

Katelyn Polantz : The National Law Journal : April 29, 2016

Alice Fisher, a former U.S. Justice Department Criminal Division chief, has handed the management reins at Latham & Watkins' D.C. office to Mike Egge. An antitrust lawyer, Egge became the firm's Washington managing partner at the beginning of March. Fisher's deputy managing partner, James Barker, ceded his job to Melissa Arbus Sherry, an appellate attorney.

Deal Watch: A Pharmaceutical Frenzy for a Half-Dozen Firms

Jennifer Henderson : The Am Law Daily : April 28, 2016

Abbott Labs seeks to buy St. Jude Medical for $25 billion; Sanofi makes a $9.3 billion bid for Medivation; AbbVie offers $5.8 billion for Stemcentrx; and a look at the big firms behind those proposed megadeals.

Growth Slows at Largest New York Law Firms

Christine Simmons : New York Law Journal : April 26, 2016

Revenue and profit growth cooled at most of the largest New York law firms in 2015 after several years of rapid growth.

Cleary Takes Lead on Argentina's $16.5B Market Re-Entry

Scott Flaherty : The Am Law Daily : April 25, 2016

Cravath may have stepped in to help Argentina end its legal battle with bondholders, but the country turned to its longtime counsel at Cleary Gottlieb to guide its re-entry into global capital markets.

Big Deals

Jennifer Henderson : The American Lawyer : April 25, 2016

A Low-Growth Year for Many of Wall Street's Elite

Julie Triedman : The American Lawyer : April 25, 2016

Mixed signals in the financial sector and the end of recession-related litigation held profits down in New York.

The Am Law 100: Signs of a Slowdown

Chris Johnson : The American Lawyer : April 25, 2016

The Am Law 100 eked out gains across major financial metrics in 2015. But growth was the slowest in years.

Deal Watch: Lexmark Inks Sale With Four Big Firms in the Queue

Jennifer Henderson : The Am Law Daily : April 21, 2016

Wachtell, Skadden, Cleary Gottlieb and King & Wood Mallesons are advising on a $3.6 billion acquisition of U.S. printer maker Lexmark International Inc. by a Chinese-led consortium.

The Global Lawyer: Russia Plugs $50 Billion Yukos Gusher

Michael D. Goldhaber : The Am Law Daily : April 20, 2016

Russia won a crucial reprieve from a Dutch court, but the country and its lawyers at Cleary Gottlieb aren't out of the woods yet.

Ferguson v. JONAH

: New Jersey Law Journal : April 20, 2016

Cost of Reparative Therapy Could Constitute Ascertainable Loss Under CFA

Google Readies Defense to EU Antitrust Charges

Ben Hancock : The Recorder : April 20, 2016

The company began laying out its argument on Wednesday that bundling apps does not limit competition in the vibrant digital ecosystem.

U.K. Litigation Funder Taps Proskauer Lawyer for U.S. Debut

Scott Flaherty : The Am Law Daily : April 19, 2016

Therium is hoping a trio of former Am Law 100 lawyers can stake its claim to the U.S. litigation finance market.

Daniel Shapiro, Founding Partner of Schulte Roth & Zabel, Dies at 77

MP McQueen and Andrew Denney : New York Law Journal : April 19, 2016

Daniel Shapiro was an active partner in the firm's investment management and tax groups up until his death in London on Friday.

Shout-Out: Simpson Thacher Scores Class Reversal for Best Buy

Jenna Greene : The Litigation Daily : April 18, 2016

A team from Simpson Thacher & Bartlett won a groundbreaking appellate decision reversing class certification in a securities action against firm client Best Buy Co. Inc.

Syracuse Appoints New Law School Dean

Andrew Denney : New York Law Journal : April 18, 2016

Craig Boise, a one-time New York attorney who has spent the last five years as dean of a law school in Cleveland, Ohio, has been named as the new dean of the Syracuse University School of Law.

Founding Partner of Schulte Roth & Zabel Dies at 77

MP McQueen : The Am Law Daily : April 17, 2016

Daniel Shapiro helped to found Schulte Roth in 1969, opened its London office in 2002 and remained an active partner at the firm.

Life Goes On for Lawyers After Bank Regulators Reject 'Living Wills'

Julie Triedman : The Am Law Daily : April 15, 2016

Seven major banks flunked a regulatory test this week. Luckily for the law firms involved, there's still time for a do-over.

Litigators of the Week: Michael Paskin of Cravath and Paul Clement of Bancroft

Scott Flaherty : The Litigation Daily : April 14, 2016

After a change in government and a change of lawyers, the end of Argentina's long battle with bondholders may finally be near.

Deal Watch: White & Case Stays on Deal Streak With Rosneft Work

Jennifer Henderson : The Am Law Daily : April 14, 2016

A week after snagging a top spot in quarterly league transactional tables, White & Case has been tapped for some big oil work in Mother Russia.

Ricardo Anzaldua

: The National Law Journal : April 11, 2016

Yukos and Russia: A $50 Billion Question

Michael D. Goldhaber : The American Lawyer : April 06, 2016

Can Russia avoid paying a huge arbitration award to Yukos Oil by claiming that an earlier sin wipes it out?

Lawyering Helped Ease Pain of Pfizer's $160B Breakup

Nell Gluckman : The Am Law Daily : April 06, 2016

The demise of a controversial tax inversion deal with Allergan may have frustrated Pfizer, but it doesn't leave the U.S. drug giant that much poorer.

Firms Cope with Deal Doldrums Amid First-Quarter Slowdown

Julie Triedman : The Am Law Daily : April 05, 2016

The silver lining? There are still nine months to go.

Judge Allows Terror Suits Against Banks to Proceed

Andrew Keshner : New York Law Journal : April 04, 2016

Eastern District Judge Dora Irizarry has rejected dismissal motions filed by Credit Lyonnais and National Westminster Bank in cases brought by terrorism victims who say the banks maintained accounts for charities the Treasury Department called "Specially Designated Global Terrorists."

Rainmaker's Defection Could Test Cravath Lockstep Model

Julie Triedman : The Am Law Daily : April 04, 2016

Despite the loss of a leading M&A rainmaker, the firm says the 'Cravath System' is safe.

The $50 Billion Question

Michael D. Goldhaber : The American Lawyer : April 01, 2016

Can Russia avoid paying a huge arbitration award to Yukos Oil by claiming that an earlier sin wipes it out?

Tips for M&A Agreements With Chinese Companies

Marlisse Silver Sweeney : Corporate Counsel : March 30, 2016

Companies based in the People's Republic of China have been on an M&A spree.

Big Deals

: The American Lawyer : March 28, 2016

A Record-Breaking Year for Top M&A Dealmakers

Julie Triedman : The American Lawyer : March 28, 2016

In a year of superlatives, Am Law 200 firms took the lead on some of the biggest, most complicated deals ever.