Cleary Gottlieb Steen & Hamilton has unveiled its latest round of partner promotion, with two making the grade in London. The idea is that students will be staffed on client transactions. “We’re academics, so we want to take the extra time.”. In 2017, represented The Dow Chemical Company on the antitrust aspects of its $130 billion merger of equals with DuPont, the third-largest ever. Find out what works well at Cleary Gottlieb Steen & Hamilton LLP from the people who know best. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. While long known as a dominant player in the international and corporate business world, Cleary has built out litigation capabilities that have strengthened and expanded the full suite of resources it offers clients. Cleary Gottlieb is a pioneer in globalizing the legal profession. • LSE Participants are paid £500 a week – the highest of any firm we've come across. The direct-to-training-contract application route is the riskier one, according to our sources, and involves a number of interviews. Cleary Gottlieb is a pioneer in globalising the legal profession. Legal Business ranked Cleary as its Law Firm of the Year in 2013. Capital markets: debt offerings. Other benefits25 days’ holiday, fitness subsidy, health screening, private health insurance, life insurance of twice annual salary, long-term disability insurance, critical illness insurance, dental insurance, employee assistance programme, emergency backup care, cycle to work scheme and subsidised staff restaurant. It's also possible to apply directly for a vac scheme, but graduate recruitment partner Richard Sultman admits this route is “harder,” with partner Andrew Shutter chiming in to tell us “less than 5% of applicants can expect to get onto the vac scheme without attending an open day.”. Other ranked firms. • UCL By Cleary Gottlieb November 17, 2020 The EU Taxonomy Regulation, which entered into force on 12 July 2020, introduces an EU-wide taxonomy (or combined glossary and classification system) of environmentally sustainable activities, as well as new disclosure requirements for certain financial services firms and large public interest entities. SECTOR. But in 2014, a number of commentators criticized the firm severely for its handling of the Argentinian debt case. Trainees aren’t in competition with each other and no one’s trying to prove themselves.” Many felt right at home in the thoroughbred environment: “We all play at a higher level because we’re surrounded by other great players, but that doesn’t mean there are any egos or abrasive personalities. In 2018, represented the Walt Disney Company and 21st Century Fox on antitrust matters related to Disney’s $71.3 billion acquisition of 21st Century Fox assets. " These include: "Much of Cleary Gottlieb's success in sovereign debt," according to Reuters, "is based on the work of partner Lee Buchheit, who has led restructuring negotiations for 20 countries." Alumni of Cleary Gottlieb include: Secretary of the Treasury Robert Rubin; a U.S. Supreme Court Justice; a President of the U.N. General Assembly; former RNC Chairman Michael Steele; Harvard Law School professor David Kennedy; Yale Law School professor Amy Chua; author Susan Cain; U.S. National Security Council Director for Russia; Belgium's Ambassador to the United States; Darren Walker, President of the Ford Foundation; and Renaud Laplanche, founder of Lending Club; David W. Leebron, President, Rice University; Jessica Neuwirth, Founder and Co-President, ERA Coalition..  Television producer Doug Liman has cited the firm as an inspiration for the T.V. The Chambers USA Guide gave Cleary Gottlieb the Chambers & Partners' inaugural International Law Firm of the Year award in 2016. Counseled Crédit Lyonnais in its €19.5 billion acquisition by Crédit Agricole SA in December 2002. University law careers fairs 2019• University of Bristol By recruiting 10–15 trainees each year, we are able to offer training that is tailored to each trainee’s interests, experience and aptitudes. Trainees are ‘assigned substantive tasks’ and are ‘brought on… You have to find a way to show that.” Shutter tells us: “It's very impressive when people have done their research and can show that they really understand Cleary.”, This advice goes for anyone applying, no matter the route they take. Please browse all of our available job and career opportunities. There’s a respectable atmosphere, but Cleary needs to do more, especially on the social mobility front.”We only heard good things about the firm’s pro bono efforts: a coordinator connects trainees with “small ad-hoc matters in the UK, or bigger ones in the US and worldwide.” Local projects include volunteering at a women’s legal clinic and helping refugees apply for resettlement; longer-term matters, such as a project surveying the persecution of the LGBTQ+ community in the Caribbean, look to make “massive changes.” Cleary is “enthusiastic”for traineesto bring their own pro bono causes to the table too. Some partners are more relaxed, some are more hands-on, and the younger ones are more approachable, but everyone’s friendly.”. Looking around their cohort, trainees were “unbelievably impressed by the people here. If it sounds like there’s a lot going on at Cleary, news that trainees have “completely unpredictable hours” won’t come as a surprise.Supervisors are tasked with supplying trainees with a minimum of seven billable hours a day, but the longest we heard was 70 hours in one week; this source confirmed “that’s definitely not a regular deal,”and trainees often head home between 7 and 8.30pm, but many felt “a need to be responsive 24/7. "Over the past three decades," noted a 2012 Reuters report, "the firm has become the go-to legal adviser for countries" in financial difficulties. As with general seat allocation, trainees felt the secondment process was “organic” and allows you to “chase the opportunities and lifestyle that are most exciting for you. Massive deals mean trainees typically get stuck into “unglamorous”due diligence. Usually referred to as Cleary Gottlieb, Cleary Gottlieb Steen & Hamilton LLP is an international law firm, positioned as one inclusive partnership. Cleary Gottlieb Steen & Hamilton LLP | 37,493 followers on LinkedIn. Seat options: M&A, capital markets, finance, competition, disputes, IP, fin reg, employment, funds, and tax. Some of the positions that earn high wages at Cleary Gottlieb Steen & Hamilton include associate, lawyer, project attorney, and word processing supervisor. • Kings College London The programme's not all work and no play. I found that very impressive.”. The Washington office is located at 2112 Pennsylvania Avenue, five blocks northwest of the White House.. The buzzword at Cleary was “flex”– trainees used it as a summary for “freedom, flexibility and independent thought” at the firm. Main areas of workCore areas of practice in London are mergers and acquisitions, financing and restructuring, capital markets, international litigation and arbitration, and competition. Cleary Gottlieb Steen & Hamilton LLP is a leading international law firm with offices located in major financial centers around the world, widely recognized for its expertise in finance and mergers and acquisitions and for its tax, regulatory and litigation practice. Cleary’s team handles US, European and post-Brexit UK work, “advising companies when they’re being investigated and generally on how to comply with government regulations.” The group also tackles merger controls working “closely with the M&A department.” Huge clients like Disney, Coca-Cola and Sony call on Cleary, and the firm advised Louis Vuitton on the global competition aspects of its luxury industry record $16.2 billion acquisition of Tiffany. Arthur Kohn Owner, Cleary Gottlieb Steen & Hamilton LLP Greater New York City Area 300 connections It feels like a lot of work, but it’s fine because we’re all bookworms anyway!”, “The small intake means everyone has a good chance of going somewhere.”, Scoring an overseas seatisn’t a game of musical chairs – trainees give HR a business case of why they want to go to that location, “usually it’s because you will have been in touch with a partner over there and want to continue that work.” Jetsetting trainees in past intakes have spent time in DC, New York, Abu Dhabi, Paris, Milan, Brussels, Buenos Aires, Moscow and Hong Kong (any destination is up for grabs if there is a business case, however). Lawyers were depending on my analysis for their transactions. You get there, have a weekend to get your bearings, then you’re straight in on Monday morning and should expect to be busy.”, Though Cleary does run formal training opportunities and lunchtime practice area presentations, interviewees felt “the biggest part of our training is the incredible work we get to see as trainees. Pioneers in the globalisation of the legal profession, Cleary Gottlieb Steen & Hamilton LLP is a leading international law firm with 16 integrated offices located in major financial and political centres around the world. US firms with a relatively large trainee intake (more than 10 pa): Vacation scheme deadlines (2021): 1 October 2020. News and insights from a global leader in the legal profession for more than 70 years. A network of 16 international offices doing billion-dollar work all over the globe, employing the skills of attorneys from over 50 countries… it sounds vast, perhaps intimidating. Melvin Steen was among the founding partners. As for fair Blighty, the team in London earns Chambers UK rankings for high-end private equity buyouts, capital markets, banking litigation, competition and big-ticket corporate – all of which often have a strong international dimension. It makes me feel like a global citizen.” Cleary is ranked in Chambers Global as top worldwide in capital markets and competition/antitrust, and it’s highly commended for dispute resolution, corporate/M&A and tax among other fields. Arriving at an “intellectually rigorous place” can be “a bit intimidating at first,” but our sources clarified that “the culture is relaxed. Retained as legal counsel by Euronext NV in its €15 billion merger of equals with the New York Stock Exchange in 2006. Cleary Wins Two Law360 2020 Practice Group of the Year Awards NEWS Cleary Wins Two LawWorks 2020 Pro Bono Awards NEWS American Tower in $1.7 Billion Offering NEWS Cleary Ranked Top 10 in 2020 GRR 100 PUBLICATION COVID-19 Resource Center PUBLICATION Read Cleary’s Latest Blog Posts PUBLICATION Going Public: A Guide to U.S. IPOs PUBLICATION Buchheit’s "academic papers, books and legal briefs over the past three decades fill much of the void where no formal law exists." Chambers Student, the student’s companion to the legal profession, gives the truth about law firms and the Bar. Given appropriate levels of supervision and support, trainees operate as lawyers from the day they join us. They’re stratospherically intelligent!”. From a total of 1,500 applicants, around 120 are called in for the assessment day. Simpson Thacher & Bartlett LLP. "In the past five years it has represented Greece, the Republic of Congo and the Ivory Coast. Cleary Gottlieb Steen & Hamilton LLP (known as Cleary Gottlieb) is an international white shoe law firm headquartered at One Liberty Plaza in New York City. series Suits. Trainees in one seat may be “flexed” to help out on a matter in another department, “getting insights into a practice area without even sitting there.” It’s also common for trainees to “continue matters from your first seat through your entire training contract, from various angles. Law360 recognized Cleary in its "Global 20" List of Preeminent Global Law Firms, 2014. In addition, Cleary attorneys have at various times taken controversial positions in front of U.S. courts. In addition, Cleary has established successful self-standing practices in tax, financial regulation, and intellectual property and information technology. Working for the Cleary Gottlieb Steen & Hamilton LLP Working experience at Cleary Gottlieb is in keeping with its reputation of being one of the world's top law firms. Cleary recently advised the Qatar Investment Authority on its acquisition by its subsidiary of a stake in Adani Electricity Mumbai. Cleary Gottlieb Steen & Hamilton LLP (known as Cleary Gottlieb) is an international white shoe law firm headquartered at One Liberty Plaza in New York City. Firm Profile > Cleary Gottlieb Steen & Hamilton > London, England. We’re all down to earth.” Cleary prefers trainees to study the GDL and LPC together at University of Law, to break the ice before the training contract kicks off. Because competition is evolving all the time, lots of associates contribute to various journals.” Trainees got their fill of drafting court submissions, bundling and research: “I’ll be looking at other regulators’ decisions, working out what it was that pushed them one way or the other and seeing how it relates to our case. Ranked Cleary as its law firm in 2016 work phone off when i sleep. some... 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