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Encyclopedia > Clifford Chance
Clifford Chance LLP
Headquarters London
# of Offices 28 in 20 countries
# of Attorneys 3,800+
Major Practice Areas General practice
Revenue $2.039 billion
Date Founded 1999 (London)
Company Type Limited liability partnership
Website www.cliffordchance.com

Clifford Chance LLP is the largest law firm in the world, both by number of lawyers and revenue, and a component of the UK's "Magic Circle." It is an international practice with its principal office at Canary Wharf in London. This article is about the capital of England and the United Kingdom. ... Image File history File links No higher resolution available. ... Year 1999 (MCMXCIX) was a common year starting on Friday (link will display full 1999 Gregorian calendar). ... This article is about the capital of England and the United Kingdom. ... A limited liability partnership (LLP) has elements of partnerships and corporations. ... A law firm is a business entity formed by one or more lawyers to engage in the practice of law. ... This article or section does not cite any references or sources. ... This article needs additional references or sources for verification. ... This article is about the capital of England and the United Kingdom. ...

Contents

Profile

Clifford Chance is the largest law firm in the world, both by number of lawyers and revenue, becoming the world's first billion-dollar business law firm (and the biggest-billing law firm ever) in 2006, registering record revenues of $2.039 billion, with partners sharing a profit of $660 million [1]. In the same year, Clifford Chance topped three tables for worldwide M&A, advising on 444 deals globally which were valued at a total of $490 billion, and was named "Law Firm of the Year" at The Lawyer Awards held in London on June 27, 2006 [2]. The phrase mergers and acquisitions (M&A) refers to the aspect of business strategy and management dealing with the merging and/or acquiring of different companies. ...


The firm is also the world's largest by number of lawyers: as of May 2007 it employed 3,857 fee-earners/lawyers (including 617 partners) and about 3620 non-legal staff. It has twenty-eight offices spread across 20 countries in North and South America, Europe, the Middle East and Asia. The firm's London headquarters is 10 Upper Bank Street, which provides a range of amenities to the staff, including a gymnasium, swimming pool, squash courts, medical centre, and other facilities. North America North America is a continent[1] in the Earths northern hemisphere and (chiefly) western hemisphere. ... South America South America is a continent crossed by the equator, with most of its area in the Southern Hemisphere. ... World map showing the location of Europe. ... A map showing countries commonly considered to be part of the Middle East The Middle East is a region comprising the lands around the southern and eastern parts of the Mediterranean Sea, a territory that extends from the eastern Mediterranean Sea to the Persian Gulf. ... World map showing the location of Asia. ... 10 Upper Bank Street is a skyscraper in Heron Quays, Docklands, London. ...


In 2002, the firm was infamously ranked last in associate satisfaction in The American Lawyer's annual associate survey. Several associates on the firm's personnel committee then drafted a scathing memorandum outlining their complaints, which was ultimately circulated on the internet. Managing Partner at the time, Peter Cornell, relocated to New York to address many of the concerns mentioned in the memo: as a result the flow of departures was halted, and the firm actually began attracting lateral hires. Clifford Chance was the most improved firm in the next year's survey. [3] Since then, the firm has continued to improve in the the annual associate survey.


Since May 1, 2006, David Childs has been Global Managing Partner of Clifford Chance. Childs took over the role from Peter Cornell for a four-year term. Childs was previously global head of the firm's corporate practice and Global Chief Operating Officer since late 2003. In 2005 he announced his stepping-down from the head of corporate role so that he could concentrate on his global leadership role in the firm, combined with a lead role in major transactions for his clients. is the 121st day of the year (122nd in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ...


History

Clifford Chance's origins date back to 1802. With the merger of the leading London law firms Clifford Turner and Coward Chance in 1987, Clifford Chance was formed and thrust into the Magic Circle. Over the next decade, the firm built its practices across Europe and Asia, more than doubling in size. Recognizing the importance of a US law capability, the firm established its New York practice in 1986 and in 1992 became the first major non-US firm to practise US law. Clifford Chance was a New York state registered limited liability partnership, but has now converted into a UK LLP. NY redirects here. ...


In 1999, Clifford Chance merged with one of the largest and most successful German firms, the Frankfurt-based Pünder, Volhard, Weber & Axster, and also with the 1871-established American firm Rogers & Wells. (The use of the Pünder, Volhard, Weber & Axster and Rogers & Wells branding for those European and American regional offices was discontinued in 2003.) By the end of the twentieth century, Clifford Chance had more lawyers around the world than in the UK. On the back of these successful expansions, its deals and awards through the last decade, Clifford Chance has begun to attract a reputation of being the world's leading international law firm.


Main practice areas

The firm's main areas of practice are in corporate law, real estate, energy and litigation. However, it is active in an extremely broad range of areas. Chambers and Partners lists Clifford Chance as a leading firm in over 30 different practice areas around the world. Some of the practice areas where the firm is ranked "top tier" include[1]:

  • Banking & Finance (in Belgium, China, Czech Republic, France, Germany, Hungary, Japan, Netherlands, Poland, Russia, Saudi Arabia, Singapore, Spain, United Arab Emirates, and United Kingdom)
  • Capital markets (in Germany, Italy, Singapore and United Kingdom)
  • Dispute Resolution (Litigation) (in China, Russia and United Kingdom)
  • Private Equity (in Germany, Spain and United Kingdom)
  • Projects (in Germany, United Kingdom and globally)
  • Real Estate (in France, Germany, Poland, Spain and United Kingdom)

External links

Notes

  1. ^ Firm's rankings in Chambers UK and Chambers Global

  Results from FactBites:
 
Thinkmap.com | Case Study - Clifford Chance (721 words)
Clifford Chance, LLP, the largest fully integrated law firm in the world, operates in 19 countries providing an exceptionally wide range of legal and business expertise covering virtually every area of commercial law.
Clifford Chance chose Thinkmap visualization technology as its interface platform for exposing the deep interrelatedness of the firm’s internal knowledge, with the goal of making it easy for lawyers and others to find resources that they might not otherwise have known about.
Clifford Chance needed an intuitive way to represent this interrelatedness, to allow users to discover and use relevant information beyond the immediate boundaries of their enquiry.
Clifford Chance - Wikipedia, the free encyclopedia (556 words)
Clifford Chance is the largest law firm in the world by revenue, becoming the world's first billion-dollar business firm (and the biggest billing law firm ever) in 2006, registering record revenues of $2.039 billion, with partners sharing a profit of $660 million [1].
With the merger of the leading City law firms Clifford Turner and Coward Chance in 1987, Clifford Chance was formed and and thrust into the Magic Circle.
Clifford Chance is also a New York state registered limited liability partnership.
  More results at FactBites »

 

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