Cleary Gottlieb Flashcards
Who are the main recruitment contacts at Cleary Gottlieb?
Nichola Rowe
Jo Moat is Director of Operations
Spoke NR who said only took one lateral associate last year as have trainees coming through. You have to now send through academic transcripts with every CV as NR wants to see the individual grades.
Also assisted by Jeremy Glaze
Jeremy Glaze | Human Resources Administrator
jglaze@cgsh.com
Also Assisted by Katie Pearce
Katie Pearce | Human Resources Coordinator
What email address should all CVs go to at Cleary Gottlieb?
CVs to lonlegalrecruit@cgsh.com
What must accompany all CVs sent to Cleary Gottlieb?
Full academic transcripts from University and Law School so Nichola can see the individual grades.
How do you get to Cleary Gottlieb’s London Office?
Moorgate Tube is the closest, go up Moorgate towards London Wall, right onto London Wall then immediately left onto Coleman Street, then right onto Basinghall Avenue which eventually becomes Basinghall Street.
Where are the other locations of Cleary Gottlieb. ie. Where are their other offices?
New York, Washington, Paris, Brussels, London, Moscow, Frankfurt, Cologne, Rome, Milan, Hong Kong, Beijing, Buenos Aires, Sao Paulo, Abu Dhabi, Seoul.
How many partners are there at Cleary Gottlieb, in London and Globally?
22 partners in London / 186 Globally (as at 21 Sept 2016)
Where and when were Cleary Gottlieb founded?
The firm was founded in 1946 – in New York and Washington – by four former partners in the Wall Street firm of Root Clark Buckner and Ballantine and others who had come from post-war service in the U.S. government. Each of the founding partners had already achieved considerable professional prominence by the time the firm was formed, but they had very different backgrounds, skills and interests.
Who is the Managing Partner of Cleary Gottlieb globally?
Elite New York firm Cleary Gottlieb Steen & Hamilton has elected Michael Gerstenzang as its next managing partner.
Gerstenzang (pictured), who has built up a strong fund formation practice in New York, will replace Mark Leddy as leader of the firm in the New Year. Leddy served just five years as managing partner of the traditional Wall Street firm, half that of his predecessor Mark Walker.
How do Cleary Gottlieb rank on PEP?
Ranked 6 in the world for PEP in 2009 (based on 2008 figures) doing $2.33 million PEP.
What clients do Cleary act for?
Investindustrial (the private equity group run by Italian businessman Andrea Bonomi), on its €800m counter-bid for Club Med.
MACFARLANES AND CLEARY LAND ROLES ON $2.4BN FLEETMATICS DEAL
City, Irish and US firms combined to advise on Verizon’s $2.4bn acquisition of Fleetmatics Group. The Dublin-based vehicle tracking company was advised by Goodwin Procter and offshore firm Maples and Calder, while Macfarlanes, Cleary Gottlieb Steen & Hamilton and Irish firm A&L Goodbody acted for Verizon.
Verizon
TPG & Partners
Medtronic
Merck
Zimmer
Suntory
CVC Capital Partners
Ryanair
Cleary Gottlieb Steen & Hamilton, Latham & Watkins and Mayer Brown have won first-time roles on HSBC’s expanded global legal panel after the bank introduced a sub-roster of US firms.
Petrobas
Top three sectors (globally)
Oil and natural gas
Mining and minerals
Electricity and power
What is the pay and benefits at Cleary Gottlieb London?
Assistant Salary Bands (including pay review dates and bonus’s and benefits) – Confirmed as accurate by Nichola Rowe on 22 February 2014.
Salary Scale
9 £167,000
8 £167,000
7 £161,000
6 £152,000
5 £144,000
4 £132,500
3 £120,500
2 £106,000
1 £97,000
NQ £92,000
1st year Trainee (from Sep 07) £40,000.00
2nd year Trainee (from Sep 07) £45,000.00
Pension is 3% of salary. Non contributory – i.e. they pay 3% of your salary into a pension fund regardless of whether you add any of your own to this amount.
Bonuses were as much as 25% in 2007 but as of 2010 were about 5-7% of salary. Pure lockstep. For overseas candidates they may do a move package ie. Flights and one month’s flat rental but don’t do any COLA. If coming from their own US offices then they do an exchange rate protection which gives them a boost to cover a COLA. You stay on the 1st year rate for 15 months if
Senior attorneys get £175
Of Counsel starts at £220,000 and then goes up in a lockstep.
These basic salaries include a 3% pension which is withheld until the end of the year. You then have the option to take this as cash or have the 3% put into a pension. Bonuses were 5-7% of salary in 08 and 09 but before this were 20-25%. They give 20 days holidays rising to 25 days after 2 PQE. You get free citipoint gym membership. Salaries go up on 1st January each year. They do BUPA for you and family and children. May look at dental but nothing decided yet.
Benefits
Virgin Active gym membership
BUPA private healthcare cover (personal and family)
Life insurance of twice annual salary
Long-term disability insurance
Pension contribution of 3% of annual salary (this is withheld I think but you can choose to take as cash and get no pension)
Childcare vouchers
Employee assistance programme
Subsidised staff restaurant
Who has recently left Cleary Gottlieb in London?
Cleary’s Freeman leaves for CAT as one of four new chairmen
9 January 2013 | By Lucy Burton
The former chairman of the Competition Commission is to leave US firm Cleary Gottlieb Steen & Hamilton to take up the post of chairman at the Competition Appeal Tribunal (CAT) as the judicial body appoints four to the panel of chairmen.
Peter Freeman
Peter Freeman joined the London office of Cleary as a senior consultant in 2011, having spent five years as chairman at the Competition Commission.
Also:
Freshfields hires former Cleary US capital markets partner Qureshi
9 April 2014 (I think Ash left Cleary some time ago and went somewhere else, then joined Freshfields)
Freshfields has made a landmark lateral hire in the form of former Cleary Gottlieb Steen & Hamilton capital markets and US corporate partner Ash Qureshi.
Who has joined Cleary Gottlieb recently?
Cleary Gottlieb lands A&O FinReg head Bob Penn in rare City hire
29 April 2016 10:36
In a rare partner exit from Allen & Overy (A&O), the firm’s head of non-contentious financial services regulation Bob Penn has quit to join Cleary Gottlieb Steen & Hamilton in London.
The hire is a significant move for the Wall Street-bred law firm, reflecting the robust demand for senior regulatory counsel in Europe. Penn leaves his role heading A&O’s financial services London team to join Cleary as a partner.
Cleary turns to Simmons for first UK-qualified litigator
10 February 2010 | By Katy Dowel
Simmons & Simmons finance litigation head Jonathan Kelly is to the leave the firm to take up partnership at Cleary Gottlieb Steen & Hamilton.
Which partners have made it up to partnership from associate in the London office?
Partners who made it up from associates within the London office:
Tax practice – Richard Sultman
Finance practice – Andrew Shutter
Tihir Sarkar
Raj Panasar
Who are the key corporate partners at Cleary Gottlieb London?
Corporate
Tihir Sarkar (Ex Slaughter & May) Corporate
Mr. Sarkar joined the firm in 2003 from Slaughter and May and became a partner of the firm in 2007. In November 2009, Legal Business named Mr. Sarkar among the “Stars of the Future,” and in 2008, The Lawyer named Mr. Sarkar in its annual supplement “The Hot 100,” honoring lawyers in the UK market. Mr. Sarkar is recognized as a leading Corporate/M&A and Private Equity lawyer by Chambers UK and The Legal 500 UK, and noted by The Legal 500 EMEA for UAE M&A.
Michael McDonald (Joined in 2006 from Allen & Overy) US qualified originally but now UK qualified too – M&A
Simon Jay (Ex Travers Smith Braithwaite) Corporate M&A
Andrew Curran (Senior Counsel since 2008) Joined from Lovells and founded their English Law practice in January 1997) (Ex Lovells) Corporate
