Advertisement
Last updated:
May 3, 2026

Cleary Gottlieb

US firm
·
Founded 1946
Known for:
Corporate / M&A
Antitrust / Competition
Capital Markets
Visit firm website
13
offices globally
$1.7bn
revenue 2024
$5.2m
profit per equity partner
40+
London partners

About

Cleary Gottlieb

Cleary Gottlieb is a prestigious US firm and part of the “white-shoe” New York set, with a reputation built on high-end, cross-border work.

The firm was founded by seven partners from Wall Street firm Root Clark Buckner and Howland, and launched simultaneously in NYC and Washington DC in 1946. Cleary came to London in 1971, making it one of the first American firms to cross the pond.

With around 1,100 lawyers, the firm is smaller relative to its elite US counterparts and well-known for its lean model with relatively limited internal silos, where lawyers often work across practice areas. The firm emphasises its focus on organic growth in lieu of raiding other firms for partners.

The firm has had an international platform since the beginning - it opened a Paris office just three years after its founding. Today, its 14 offices operate as a single global partnership - one that hit $1.7 billion in revenue in 2024, placing it in the top 40 largest firms in the world by revenue.

In the US, Cleary has long been recognised for its strength in banking and finance, capital markets, antitrust and corporate governance. It also has a distinctive niche advising sovereign states and central banks, particularly on debt restructurings and foreign investment - work that plays to its international reach.

London is a key part of that global platform. The office focuses on M&A, finance, capital markets, disputes and competition, and plays a central role in the firm’s cross-border European work. 

While less aggressive in its expansion than some US rivals, Cleary’s strategy has remained consistent: a tightly integrated international offering, anchored in complex, high-value matters rather than scale for its own sake.

Recent work highlights

SpaceX challenger: In 2025, Cleary represented defence company Thales on the planned merger of its space division with Airbus and Leonardo, in a deal set to create a new European heavyweight to rival Elon Musk's SpaceX.

Condiments mega-merger: Cleary advised US food group McCormick on its $44 billion merger with the food arm of Unilever in 2026. The deal will see Unilever merge brands such as Hellmann’s and Marmite - with McCormick.

UK-listed takeover: In 2025, Cleary advised private equity firm Advent on the M&A aspects of its proposed £4.4 billion takeover of FTSE 250 precision instruments maker Spectris. Advent was ultimately outbid by rival KKR on the acquisition.

Advertisement
Advertisement

What is Cleary best known for?

Cleary is a full service corporate law firm. In the UK market, it is best known for its expertise in the following areas:

Corporate/M&A

Cleary focuses on large, complex cross-border deals for blue chip corporates, financial institutions, PE firms and other companies. The firm is ranked Band 3 in Chambers for the biggest value deals.

Competition

Experienced in disputes, EU regulatory matters and obtaining regulatory clearance for large transactions before the CMA, Cleary’s London antitrust team is ranked Band 2 in Chambers for both competition and competition litigation.

Capital markets

Cleary has highly regarded debt and equity capital markets practices. The firm has a Band 2 ranking in Chambers for DCM and Band 2 for ECM.

Private Equity

Known for its work on the biggest buyouts, Cleary works for many major sponsor clients. Its private equity practice has a Band 3 ranking from Chambers.

Financial performance

$1.7bn
revenue 2024
$5.2m
profit per equity partner

In 2024, Cleary's total revenue was $1.7 billion, according to ALM / Law.com.

In 2024, its profit per equity partner (PEP) was $5.2 million, according to ALM / Law.com.

London salaries

Here’s what Cleary pays its London trainees and newly qualified (NQ) lawyers:

Trainee first year:
£62,500
Trainee second year:
£67,500
Newly qualified (NQ):
£164,500
See how Cleary compares across all of the UK’s top law firms

Who does Cleary compete with?

Cleary sits in a fairly distinct lane - elite, international, but deliberately not scaled like the very top US giants. Its closest competitors tend to be other white-shoe or highly international firms.

In the UK it is very strong for competition work, competing with the likes of:

Trainee information

Training contracts
14-16
Seat structure
4 seats
Seat length
6 months
Find out more and apply for a training contract or vacation scheme at Cleary

Other things to know

Representing states: Advising sovereign wealth funds and sovereign states themselves is a well-established element of the firm’s global platform. Cleary has previously acted for Mongolia, the Republic of Congo, Greece, Puerto Rico and the Ivory Coast in matters related to national debt restructuring and resources.

Legal AI acquisition: Cleary acquired London-based legal AI company Springbook AI in 2025. The deal saw it bring in a team of engineers and data scientists to accelerate internal product development and custom client solutions.

Non-equity partnership: Like many US firms, Cleary introduced a salaried partner tier in 2024 - a move widely seen as a way to retain talent while also boosting firm-wide profitability.

Share this profile

Copied to clipboard!