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UK/global turnover: |
£36.3m/£464.6m |
UK/global PEP: |
£966,000/£1.13m |
UK/global revenue per lawyer: |
£511,000/£518,000 |
UK revenue per partner/equity partner: |
£2.3m/£2.3m |
Global revenue per equity partner: |
£2.6m |
UK/global number of equity partners: |
16/180 |
UK/global number of partners: |
16/180 |
| UK/global number of lawyers: |
71/897 |
| UK number of staff: |
190 |
| UK/global leverage ratio: |
3.4/4 |
CLEARY GOTTLIEB Steen & Hamilton’s advice to
Mittal Steel on its £17bn bid for Arcelor, led by
Paris-based partner Jean-Pierre Vignaud, was the
highlight of an exceptional year that saw turnover in
London hit $63.5m (£36.3m).
The firm operates a classic lockstep – and a long
one too at 14 years. The remuneration system is one
reason why Cleary traditionally makes very few
lateral hires.
However, the last year generated a handful,
including those of Freshfields Bruckhaus Deringer
corporate partner Jürgen Sieger in Cologne and
Allen & Overy London-based corporate partner
Michael McDonald.
Outside Europe the firm launched its first mainland
China office, with Cravath Swaine & Moore securities
and capital markets partner Clayton Johnson
opening its new Beijing office.
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