Clifford Chance US LLP

Clifford Chance US LLP Company Profile

THE SCOOP

In many ways, the formation of Clifford Chance presaged the future of modern law practice, especially as it is carried out in its native city of London. The firm was created in 1987 when giant U.K. firms Coward Chance and Clifford Turner merged, creating an entity the Times of London called "the country's first mega law firm." Indeed, Clifford Chance was twice as large as the firm that had previously been the U.K.'s largest: Linklaters & Paines.

When Two Firms Become One

Clifford Turner and Coward Chance shared two distinctive and important goals: international expansion and scaling-up of their businesses. While neither Coward Chance nor Clifford Turner was considered a top-tier or elite firm per se on its own, leaders of the combined Clifford Chance resolved to build a worldwide firm that would innovate and collaborate across borders and set new standards of excellence for the practice of law in a global economy.

And that's exactly what happened. Clifford Chance opened offices and built client lists around the world, adopting a cross-border focus well before such an outlook became commonplace. At the same time, the firm grew from hundreds of attorneys to thousands, which enabled it to take on several major deals and cases and to work on them simultaneously.

Focus On Management

As managing partner during the 1990s, Geoffrey Howe brought a new perspective on law firm management. Howe recognized that the firm's international growth required a more centralized leadership style than a traditional partnership in which individual partners held considerable sway over decisions large and small. To that end, he formed committees that were given clear tasks and decision-making responsibilities, outlined firm-wide objectives and progress monitoring and even hired professionals with non-legal backgrounds to assist with specific management challenges. At the same time, Howe and other firm leaders worked to maintain a unified culture and a sense of investment that would protect Clifford Chance's roots as a partnership. Soon other major U.K. firms, known collectively as the Magic Circle, were replicating Clifford Chance's global focus and growth management approaches.

And Then There Were Three

In 2000, Clifford Chance changed the game again, pulling off a three-way merger with U.S.-based firm Rogers & Wells and Germany's Pünder Volhard Weber & Axster. Later in the decade, continuing its theme of building efficiency while expanding worldwide, the firm established an attorney support service at a specialist center in India and also created an India facility that houses centralized administrative, business research and IT operations.

Financiers' Friend
Today Clifford Chance has 36 offices spanning key markets across the Americas, Asia Pacific, Europe, the Middle East and Africa, with a particularly strong reputation in the financial sector. It also has a flourishing and growing litigation practice. The firm offers substantive experience in a wide array of practice areas and industry sectors, including banking, consumer goods and retail, energy and resources, financial services, funds and investment management, government and public policy, health care, life sciences and chemicals, industrials, insurance, private equity, real estate, technology and telecom, and transport and logistics.

Success in the Americas

The firm has delivered strong results in the U.S. in recent years and is widely recognized for its strength in several Americas practices, including REITs, aircraft finance, fund formation, project finance and cross-border investigations. Offices in New York, Washington, DC and São Paulo (the first opened by an international law firm in 1998) comprise nearly 300 lawyers, each with a thorough understanding of U.S., Latin American and global markets.

IN THE NEWS

May 2014

Tech Titan's Trusted Advisors
Clifford Chance is advising Autonomy founder Mike Lynch against allegations of financial impropriety and misrepresentation made by Hewlett Packard (HP), which acquired Lynch's software company in 2011 for US$11 billion.

Caffeine Kingdom
Clifford Chance is advising Mondelez International on an agreement that will see Mondelez and D.E. Master Blenders 1753 B.V. combine their respective coffee businesses to create the world's leading pure-play coffee company, with annual revenues in excess of US$7 billion.

February 2014

Four Times the Charm
Clifford Chance advised CPA: 16 in its US$4 billion merger with W.P. Carey-one of the largest net lease real estate companies in the world. The transaction marks the fourth time CC has represented one of the CPA companies on a multi-billion dollar M&A deal.

January 2014

$2 Billion Shopping Spree, Anyone?
In what was Mexico's largest real estate deal ever, Clifford Chance advised Fibra Uno in the purchase of a portfolio of 49 shopping centers from Mexico Retail Properties. Total assets from the sale exceeded US$2 billion.

November 2013

Taking it to the Skies
Clifford Chance advised Avolon, the international aircraft leasing group, on its US$636 million asset backed securitization for a newly established special purpose company, Emerald Aviation Finance Limited. At the time of its closing, this pricing represented the first successful completion of an asset backed securitization under Rule 144A in five years.

October 2013

Empire State of Mind
Empire State Realty Trust Inc., which owns the Empire State Building, turned to Clifford Chance for legal guidance when it decided to go public. The IPO raised US$929.5 million, making it the most talked about U.S. REIT of 2013.

April 2013

The Year's Largest IPO
In the largest IPO worldwide in 2013, Clifford Chance attorneys in New York and São Paulo advised on BB Seguridade's US$5.7 billion offering.

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Clifford Chance US LLP


31 West 52nd Street
New York, NY 10019
Phone: (212) 878-8000
www.cliffordchance.com

STATS


  • Employer Type: Private
  • Managing Partner: Matthew Layton
  • U.S. Managing Partner: Evan Cohen
  • Total No. Attorneys 2014: 2,528

  • Employment Contact

    Nicholas R. Williams
    Hiring Partner, New York
    Phone: (212) 878-8000

    Steve Nickelsburg
    Hiring Partner, DC
    Phone: (202) 912-5000

    Global recruiting contacts at www.cliffordchance.com/careers.


  • Base Salary

    New York, NY
    1st year: $160,000
    2nd year: $170,000
    3rd year: $185,000
    4th year: $210,000
    5th year: $230,000
    6th year: $250,000
    7th year: $265,000
    8th year: $280,000
    Summer associate: $3,077/week


  • Summer Associate Offers

    20 out of 20 (2013)


  • Major Departments & Practices

    Antitrust/Competition
    Arbitration
    Asset Finance
    Banking & Finance
    Bank Lending
    Capital Markets
    Commercial Litigation
    Corporate Finance/Securities
    Energy & Infrastructure
    ERISA/Executive Compensation
    Financial Services Regulatory
    Funds & Investment Management
    Insurance
    Investigations
    Latin America
    Mergers & Acquisitions
    Private Equity
    Project Finance
    Real Estate
    REITs
    Regulatory Enforcement and White Collar
    Restructuring & Insolvency
    Securities Litigation
    Structured Finance
    Tax, Pensions & Employment

Major Office Locations

  • New York, NY • Washington, DC • Abu Dhabi • Amsterdam • Bangkok • Barcelona • Beijing • Brussels • Bucharest • Casablanca • Doha • Dubai • Düsseldorf • Frankfurt • Hong Kong • Istanbul • Kyiv • London • Luxembourg • Madrid • Milan • Moscow • Munich • Paris • Perth • Prague • Riyadh* • Rome • São Paulo • Seoul • Shanghai • Singapore • Sydney • Tokyo • Warsaw

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