Total number of lawyers worldwide as of January 1, 2015:
• Number of partners: 193
• Number of counsel: 50
• Number of associates: 784
• Number of lawyers working part-time: 21
Please provide the number of attorneys in each office:
US and the Americas: 702
Minimum billable hour requirement: N/A
Cleary Gottlieb continues to develop innovative solutions for major national and multinational corporations, financial institutions, private equity firms, sovereign governments and government-owned entities.
The past year included a significant increase in high-profile transactions, complex litigation and regulatory developments — and Cleary remained at the forefront of this activity. With 2014 marking the busiest year in deal activity since before the economic downturn, our firm was ranked second in global M&A by all three league tables (Bloomberg, Thomson Reuters, Mergermarket). In recognition of our firm’s remarkable pace of dispute resolution activity worldwide over the past year, Global Arbitration Review once again named Cleary among the world’s top international arbitration practices in early 2015. Among regulatory highlights was the welcoming of former IRS strategic director Diana Wollman as a new partner in Cleary’s global tax practice.
Notable representative matters over the past year have included:
- Actavis in its $66 billion acquisition of Allergan, the largest M&A deal of 2014, and its subsequent $30 billion bond/equity offering, the largest ever acquisition financing and second-largest bond offering in history.
- Medtronic in its acquisition of Covidien and its subsequent bond offering, the largest bond offering of 2014.
- Greece, Iraq and Argentina in the three largest sovereign debt restructurings in history.
- An ad hoc group of OGX bondholders in the $5.8 billion restructuring and related DIP financing of OGX Petróleo e Gás Participações and its subsidiaries.
- Keurig Green Mountain in monopolization litigation, including successfully defeating a preliminary injunction seeking to block the launch of Keurig’s 2.0 coffee brewer.
- Nortel in their U.S. Chapter 11 proceedings, including a groundbreaking cross-border trial against Canadian and European estates over $7 billion in asset proceeds.
- Several major financial institutions in investigations by global regulators in the U.S., Europe and Asia concerning the Foreign Exchange (FX) industry, and LIBOR, ISDAFIX and other benchmark rates.
- Lafarge in all aspects of its €40 billion merger of equals with Holcim to create LafargeHolcim, the most advanced group in the building materials industry.
- Family Dollar Stores in all aspects of its $9.2 billion acquisition by Dollar Tree, creating North America’s leading discount retailer.
- Suntory in all aspects of its $16 billion acquisition of Jim Beam, creating the third-largest global spirits company.
For these matters and others, the business and legal press continued to recognize Cleary for our helping clients navigate their toughest challenges and achieve their goals. In 2014 we received “deal of the year” and individual lawyer awards from a range of publications, including The American Lawyer, The Asian Lawyer, Asian Legal Business, China Business Law Journal, Euromoney, India Business Law Journal, Institute of Competition Law, IFLR, International Tax Review, LatinFinance, Latin Lawyer, Law360, LegalCommunity, Project Finance, Turnarounds & Workouts, and more. Our commitment to public service also was acknowledged by Euromoney, which named Cleary the “Best International Firm For Pro Bono Work” in 2014.
Client quotes in the 2015 edition of Chambers Global say it best: “Cleary Gottlieb is in a category of its own … every single lawyer that we come across has been committed to the work, and they give an opinion because they have thought it out and it holds and stands the test of time.”