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
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Cleary Gottlieb Steen & Hamilton LLP

  • Designation: New York
  • Head Count: 1,192
  • Gross Revenues: $1,190,000,000
  • Revenue Per Lawyer: $1,000,000
  • Profits Per Partner: $2,875,000
  • Year Over Year Change: -1

Cleary Gottlieb Steen & Hamilton is a New York-based law firm.  According to the National Law Journal's 2014 NLJ 350 ranking of firms based on size, Cleary Gottlieb Steen & Hamilton has 1192 attorneys and is the 18th largest firm in the United States.  With $1,190,000,000 in gross revenue in 2013, the firm placed 16th on The American Lawyer's 2014 Am Law 200 ranking.  On the 2013 Global 100 survey, Cleary Gottlieb Steen & Hamilton ranked as the 21st highest grossing law firm in the world.  The firm has offices in DC, London, NY and Paris.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 16 -1 Gross revenue
Am Law 200 16 -1 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

Judge Shuts Door on Hotel Price-Fixing Class Action

David Bario : The Litigation Daily : October 28, 2014

Eight months after Hagens Berman got a second chance to press claims that top Internet booking sites and the country's biggest hotel chains conspired to fix room prices, on Tuesday a federal judge in Dallas dismissed the case for good.

Who in Big Law Cut Checks for the Midterms?

Katelyn Polantz : Legal Times : October 28, 2014

The NLJ looks at how the legal industry supports certain interests and people, and where lobbying horsepower could focus in the coming years. In this report, we've highlighted midterm election contributions to three powerful members of Congress.

On the Move

: New York Law Journal : October 22, 2014

Kramer Levin, White & Case, Borah Goldstein and Bracewell & Giuliani have each added attorneys, while White & Case has promoted four attorneys to partner.

Wachtell, Cleary Gottlieb Grab Lead Roles as TPG Ups Stake in CAA

Nathalie Pierrepont : The Am Law Daily : October 21, 2014

The private equity firm is stepping up its investment in Creative Artists Agency to become the majority owner of the talent agency. TPG turned to Wachtell Lipton, Rosen & Katz for legal advice, while CAA tapped Cleary Gottlieb Steen & Hamilton.

Cuomo Picks Third Dept. Justice for Top Court

Joel Stashenko : New York Law Journal : October 20, 2014

Gov. Andrew Cuomo said Friday he is nominating Appellate Division, Third Department, Justice Leslie Stein to replace Victoria Graffeo on the Court of Appeals.

Russian Legal Market Turns Bearish for International Firms

Julie Triedman : The American Lawyer : October 19, 2014

As sanctions have dried up cross-border deal flow in Russia, U.S. firms are feeling the pinch.

Associates Class of 2014: H-L

: New Jersey Law Journal : October 17, 2014

The highlights the state's up-and-coming attorneys in the Associates Class of 2014.

Fenwick & West Advises Symantec on Split

Wenxiong Zhang : The Am Law Daily : October 15, 2014

The Mountain View, Calif.-based antivirus software maker announced that it would separate its businesses, joining a recent wave of technology companies such as Hewlett-Packard and eBay that have decided that two is better than one.

Jennifer Kroman

Len Maniace : New York Law Journal : October 14, 2014

A 2010 law would allow sex-trafficking victims to have prostitution-related convictions set aside, but taking advantage of it requires these uniformly poor people to be represented by attorneys. Jennifer Kroman is one of the lawyers who stepped up.

Dickstein Shapiro IP Group Defects, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : October 14, 2014

Manatt, Phelps & Phillips adds a three-partner West Coast IP team from struggling Dickstein Shapiro; Boies Schiller loses a litigator to Barclays, but grabs Al Franken's former general counsel; Davis Polk and Willkie Farr bring back partners from public service; and other notable hires from throughout The Am Law 200.

Do Foreign Firms Need a Hong Kong Law Practice?

Anna Zhang : The Asian Lawyer : October 13, 2014

The city's once-booming capital markets had prompted a big push into local law, but the slowdown that followed has forced at least one firm—Milbank—to reconsider. Still, others see value in the practice, though for different reasons. Here's why.

Pro Bono Awards

: New York Law Journal : October 10, 2014

Four Firms Grab Roles on Gentiva's Kindred Combination

Wenxiong Zhang and Brian Baxter : The Am Law Daily : October 09, 2014

Gentiva Health Services, one of the nation's largest home health care and hospice companies, will be absorbed into Kindred Healthcare in a $1.8 billion cash, stock and debt deal that will create the country's largest rehabilitation and hospice services provider. Cleary Gottlieb, Gibson Dunn, Greenberg Traurig and Weil have landed lead roles on the transaction.

Lawyer: Gentiva Sale Price Was Boosted by Poison Pill

Meredith Hobbs : Daily Report : October 09, 2014

Greenberg Traurig shareholder Gary Snyder, who represented Atlanta-based Gentiva Health Services in an agreement announced Thursday to be acquired by Kindred Healthcare, said Gentiva's use of a poison pill defense to an initial hostile takeover offer paved the way for a higher sale price.

Fee Tracker: Bingham, Fried Frank Bag Old Mutual IPO Roles

Brian Baxter : The Am Law Daily : October 09, 2014

Initial public offerings for such companies as British insurer Old Mutual's Boston-based asset management arm and Royal Bank of Scotland-backed Citizens Financial helped fill the coffers of firms such as Bingham, Cleary Gottlieb, Davis Polk and Fried Frank while Detroit's bankruptcy continued to be a boon to Jones Day and Honigman. Meanwhile, the U.S. Supreme Court prepares to examine $4.1 million in Baker Botts bankruptcy fees in our latest look at notable legal billings from throughout The Am Law 200.

Head Count Moves in Opposite Extremes at Patton Boggs, Stinson Leonard

Brian Baxter : The Am Law Daily : October 08, 2014

Legacy firm Patton Boggs, along with Kenyon & Kenyon, McKenna Long & Aldridge, Bingham McCutchen and Dickstein Shapiro, were the Am Law 200 firms that saw their attorney head counts drop the most over the past 12 months, according to data compiled by ALM's RivalEdge. A handful of Am Law 200 firms saw double-digit percentage increases, including Stinson Leonard Street, mostly as a result of mergers.

Skadden Once Again Comes Out on Top of M&A Rankings

Wenxiong Zhang : The Am Law Daily : October 08, 2014

Continuing on its transactional tear, Skadden, Arps, Slate, Meagher & Flom sat atop three separate rankings of legal advisers for global M&A deals based on total transaction value in the first three quarters of the year.

King & Spalding Raids Bingham in London, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : October 07, 2014

Bingham McCutchen has one partner left in London following the departure of a restructuring specialist for King & Spalding, which lost the founder of its London office to General Electric. Meanwhile, Schiff Hardin heads to Dallas, along with other notable moves from throughout The Am Law 200.

Russian Company's Suit Against Former DLA Partner Survives

Nate Beck : Legal Times : October 07, 2014

A Russian railway company's lawsuit, claiming that allegedly stolen money ended up in the hands of a Washington partner at DLA Piper, can proceed, a Washington federal trial judge says.

Finalists Announced for The Asian Lawyer's Emerging Markets Awards

Tom Brennan : The Asian Lawyer : October 06, 2014

We've chosen a short list in 17 different categories for our inaugural awards recognizing the top matters and lawyers in Southeast Asia and India.

In-House Counsel Profile: ManpowerGroup Inc.'s Richard Buchband

Lisa Holton : The National Law Journal : October 06, 2014

ManpowerGroup Inc. was founded in Milwaukee in 1948 by two attorneys who needed a typist for a short-term project. The company now employs 30,000 people in 80 countries and territories. Richard Buchband leads a 75-attorney law department.

U.S. Judge Finds Argentina in Contempt

Larry Neumeister : The Associated Press : October 01, 2014

Southern District Judge Thomas Griesa, calling civil contempt a rarity, ruled that Argentina was in contempt of court on Monday for openly defying his orders requiring that U.S. hedge funds holding Argentine bonds be paid the roughly $1.5 billion they are owed if the majority of the nation's bondholders are paid interest on their bonds.

Big Deals

MP McQueen, Vinayak Balasubramanian, Alexandra Wilson and Wenxiong Zhang : The American Lawyer : September 29, 2014

Kinder Morgan Reorganization; Fox Asset Sale; Walgreen/Alliance Boots; Dollar Tree/Dollar General /Family Dollar; AbbVie/Shire

Am Law 100 Firms Toast Beer, Aluminum Deals in Russia

Brian Baxter : The Am Law Daily : September 25, 2014

Despite worries over Western sanctions, a trio of Am Law 100 firms sidled up for the $700 million sale of Pabst Brewing Co. to Russia's Oasis Beverages, while Russian veteran Cleary Gottlieb Steen & Hamilton advised aluminum giant United Company Rusal on its recent $5.15 billion debt restructuring.

Terror Aid Claims Reinstated Against U.K. Bank

Mark Hamblett : New York Law Journal : September 23, 2014

U.S. nationals who were victims of terrorist attacks in Israel have another chance to pursue claims that the National Westminster Bank supported Hamas by handling money for the Palestine Relief & Development Fund.

A Good Day for Terror Funding Plaintiffs in New York

Jan Wolfe : The Litigation Daily : September 22, 2014

With a historic trial victory against Arab Bank and an appellate decision reviving claims against NatWest, plaintiffs took the advantage in Anti-Terrorism Act litigation against international financial institutions in New York.

European Commission to Offer Guidelines on 'Right to Be Forgotten'

Jan Wolfe : The American Lawyer : September 22, 2014

Four months after Europeans gained the right to petition Google Inc. to alter the search results that pop up with their names, the European Commission has begun offering guidelines for how European courts should handle such "right to be forgotten" complaints.

Asia Deal Digest: Sept. 18, 2014

Anna Zhang : The Asian Lawyer : September 18, 2014

*Allen & Overy, Clifford Chance on $916 million Laos hydropower project development and financing*Latham & Watkins advises Chinese private equity firm FountainVest Partners on its first U.S. investment*Cleary leads state-run Korea Development Bank's $750 million note issuance

Asia Deal Digest: Sept. 11, 2014

Tom Brennan : The Asian Lawyer : September 11, 2014

*Linklaters leads establishment of China Orient Asset Management's $2 billion medium-term note program*Jones Day acts for Japan's Ajinomoto on its $800 million offer for U.S. frozen-foods maker Windsor Quality*Rajah & Tann on KMP Private Ltd.'s $37 million investment in Vietnamese feed company Hiep Thanh Group

Jones Day Adds Two More Kirkland IP Litigators, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : September 09, 2014

The IP litigation exodus from Kirkland & Ellis continued this week as partners William Devitt and Matthew Hertko decamped for Jones Day in Chicago. The Am Law Daily has a look at those moves and more in our latest roundup of notable hires from throughout The Am Law 200.