Cleary Gottlieb

International Top 30 position: 13
International 50 position (Asia-Pacific): =40

Selected issues for boards of directors in 2013

In the years since the financial reporting scandals and the Sarbanes-Oxley Act of 2002, and in particular following the financial crisis and the Dodd-Frank Act of 2010, boards of directors have faced greater burdens and more intense scrutiny of their activities and performance. One manifestation of this has been pressure to change the role of directors from one of partnership with and oversight of management to one of an almost quasi-governmental watchdog directly responsible for monitoring management’s performance, including its compliance with increasingly complex and burdensome regulation.

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Analysis from The Lawyer

Overview

City Place House
55 Basinghall St
London
EC2V 5EH
UK

Firmwide revenue 2011 ($m): 1,125
Global lawyers 2011: 1,183
Jurisdiction: US
No. of offices: 3
No. of qualified lawyers: 52 (International 50)