Cleary gottlieb partner compensation. , Europe, LatAm, and Asia.

Cleary gottlieb partner compensation e. Cleary Gottlieb now has 197 partners worldwide, with 20 in the Paris office. Cleary Named ‘Pro Bono Partner of the Year’ by A4TE. Thus, compensation is based on the seniority of the associate concerned and not linked to the achievement of specific performance criteria. “I am proud to introduce our new class of global partners and counsel,” said Cleary Gottlieb Managing Partner Michael Gerstenzang. February 18, 2025. Offering up to $20 million for lateral hires represents a substantial increase in compensation expenses for Clearys and is significantly higher than the firm’s average partner Prominent California attorney Lisa Bloom and her law firm will pay more than $274,000 to resolve claims that they gave the U. Michael discussed Cleary’s strategy for competing in today’s talent market, his plans for the firm as it moves into the next normal, and other topics key to the firm’s future success. Liza, Leader of Cleary’s Global Private Funds Group, served on the organizing committee of the conference and spoke on the panel, “Interactive Industry Round-Up. -based counsel in the litigation and enforcement practice, and Sophie Smith has joined as a London-based counsel in the Mark E. Cleary Expands U. On August 19, 2019, the Business Roundtable released its latest Statement on the Purpose of a Corporation, emphasizing commitment to all stakeholders. The discussion focused on: Performance-based equity: When are performance-based equity grants effective? What are the practices companies should avoid? Cleary Gottlieb partner Julia Petty will be participating in PLI’s Hot Issues in Executive Compensation 2023. , the idea that the most important Frankfurt, Germany. Department of Justice, the UK CMA, and the European Commission’s Directorate-General for Competition, as well as International law firm Cleary Gottlieb Steen & Hamilton LLP announced today that it has elected 8 new partners and 6 new counsel, effective January 1, 2007. T-Mobile Acquires Blis for $175 Million. office. Warburg Pincus Sells Sundyne to Honeywell for $2. Band 1 for Employee Benefits & Executive Compensation (New York) Chambers USA, 2024. Cleary Gottlieb partner Richard Cooper has again been named an “Outstanding Restructuring Lawyer” for 2017 by Turnarounds and Workouts. Toy’s practice focuses on executive compensation and benefits, advising clients in mergers and acquisitions, divestitures, reorganizations, spin-offs, IPOs, financings, and other corporate transactions. Cleary Gottlieb partners Michael Albano and Audry Casusol participated in the Global Compensation and Benefits Watch: The New Executive Compensation Regulatory Regime - What the SEC’s Rules and Requirements Under the Employment and Executive Compensation. Their partners are readily accessible, and Cleary Gottlieb partners Liza Lenas, Chris Lee and Mike James participated in the International Bar Association’s 23rd Annual International Conference on Private Investment Funds. ” Joon will speak on the panel, “Regulatory and Criminal Law Update: Developments, Trends & Priorities. The elections will bring the firm’s total worldwide partners to 194 and counsel to 65. The appointment enables Romina to further integrate into the academic life of the university, where she has been teaching German and European competition law since 2016. public companies subject to SEC reporting (other than foreign private issuers, most registered investment companies and emerging growth companies) and generally require disclosure Cleary Gottlieb partners Angela Dunning, Puja Patel, Chase Kaniecki, Kim Spoerri, Joon Kim, Amanda Toy, and Lillian Tsu are speaking on two panels at the Board of Directors Forum at Cornell Tech. The elections will bring the firm’s total worldwide partners to 180 and counsel to 62. ” Cleary lawyers and alumni presented discussions on: Proxy Season Preparedness; Litigation Trends; and Cleary Gottlieb partner David Herrington participated in The Conference Board Global Benefits and Compensation Roundtable. Explore all topics or download the PDF. com’s “Rising Stars: The UK Legal Industry's Best Up-And-Coming Women, 2025” March 6, 2025. September 26, 2024 Cleary Gottlieb Steen & Hamilton. Cleary Gottlieb partner Michael Albano participated in a panel discussion on how companies are adjusting their executive compensation plans as they head into 2021. Cleary Secures Win in Dutch Fisheries Electric Pulse Fishing State Aid Case. United States chapter: partner Michael Albano and practice development lawyer Julia Rozenblit; Executive Compensation, Employee Benefits, and ERISA With our global partnership, wealth of government and investigative experience, and wide-ranging substantive experience, Cleary Gottlieb is especially well-equipped to counsel clients when an unexpected and destabilizing event threatens to lead to serious financial, reputational, regulatory or even criminal consequences. Max Amber joined the firm in 2014 and became a partner in 2024. After opening our first international office in Paris that year, we opened offices in Brussels in 1960; London in 1971; Frankfurt in 1991; Rome in 1998; Milan in Cleary Gottlieb Women Lawyers Recognized for Top Honors. Cleary Gottlieb’s AI Task Force, composed of lawyers from our leading practices across the globe (including litigation and enforcement, antitrust and competition law, intellectual property, privacy and cybersecurity, M&A and corporate governance), works collaboratively across disciplines and jurisdictions to advise global clients on all aspects of Artificial intelligence (AI) and generative The PVP Rules apply to U. ” Cleary Gottlieb has elected seven partners and three counsel, effective January 1, 2021. The law firm is changing to a modified lockstep system, report Bloomberg Law, This guides everything from whom we hire to our “lockstep” compensation system, which means that Cleary lawyers, from the most junior associate to the most senior partner, are Cleary Gottlieb Steen & Hamilton has prepared the groundwork for its first $20m partner lateral hire, if it “can find that special person” Like many New York-born elite firms, Cleary Gottlieb Steen & Hamilton historically compensated partners according to a lockstep system, in which a partner's share points corresponded to Cleary offers a number of competitive benefits and important supplemental benefits and resources that support the total health and well-being of our employees, some of which are highlighted Cleary Gottlieb has promoted nine partners, eight counsel, and six senior attorneys, effective January 1, 2023. March 7, 2025. The presentation: Provides background concerning the concept of “sustainability” and explains that the term, as used for these purposes, is focused on the long Cleary Gottlieb partner Michael Albano participated in PLI’s Cool Compensation Considerations for the Private Company 2021: Pay, Performance and Perspectives. Carlo will be speaking on the “Private Law and Civil Procedure,” panel. At Cleary, compensation is highly competitive and structured in a unique way. December 20, 2024. [19] Broadridge, “Virtual Shareholder Meetings 2020 Mid-Year Cleary Gottlieb's Leah Brannon, Daniel Culley, Bruce Hoffman, Ryan Shores, and David Gelfand spoke at the ABA's 2024 Antitrust Spring Meeting. The transaction signed on March 20, 2022, and was announced on March 21, 2022. Michael was on a video webcast titled, “Late-Breaking Developments in Compensation Design and Regulation. The firm’s California work has been and will continue to be supported both [18] For additional details on the use of ESG metrics in incentive compensation, please see ESG Considerations for Incentive Compensation Programs in this memo. January 10, 2019 presents both an opportunity and a challenge to board compensation committees to consider rethinking their approach to performance-based executive compensation. Cleary Gottlieb is representing Fresenius Medical Care North America in the carve-out combination of its Fresenius Health Partners business with Cricket Health and InterWell Health. Updated April 13, 2020: Latest Practical Guidance for Belgian Employers in Respect of COVID-19. In particular, we do not have any targets relating to hours or other quantitative measurements of associates Jackie will join Cleary Gottlieb’s leading global antitrust practice, which includes some of the most highly regarded lawyers in the field, including other former senior officials from the U. Clients rely on Cleary Gottlieb’s leading sustainability practice for innovative insights on ESG issues that cut across multiple practice areas. On March 26, Angela Dunning, Puja Patel, and Chase Kaniecki are participating in the panel “View from Washington: AI & Consumer Protection. Jim will speak on the panel, “MC: Insight Into Fixed Income Markets. Structuring and advice on compensation, benefits, and restrictive covenants; Charter, policies, fiduciary duties, and governance roles of board, committees, and management;. Cleary Gottlieb Steen & Hamilton. “I am delighted to welcome our new global Cleary Gottlieb provides sophisticated advice to domestic and international insurance companies, their boards of directors, underwriters, and industry investors on a wide range of matters. compensation system, which promotes a collegial cul-ture and cross-disciplinary staffing. Cleary Gottlieb partner Michael Albano and counsel Kathleen Emberger spoke at ALI’s Executive Compensation 2018: Strategy, Design, and Implementation. finance, and specialized insurance funding transactions; corporate governance and disclosure issues; tax and executive compensation and benefits matters Cleary Gottlieb partners Dan Culley, Maurice Gindi, and Kyle Harris have been named 2020 Law360 Rising Stars. Cleary Gottlieb partners Michael Albano and Arthur Kohn, counsels Mary Alcock, Kathleen Emberger and Caroline Hayday, and associate Laura Bagarella participated in a “Compensation and Corporate Governance Workshop. “It is a great pleasure to announce the On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 (the “ ARPA ”), the much-debated $1. T. The Court Of Justice Clarifies National Limitations Periods And Upholds Parties’ Right To Compensation In Follow-on Damages Actions. Real Estate Group With Leading Real Estate Partner David Herman and Team. Cleary Gottlieb Steen & Hamil-ton’s four major London partner addi - At Cleary, profit per equity partner was around $4. Michael spoke on the panel, “‘Acqui-hiring’ a Taste for Earnouts and Other M&A Pay Practices. ” Cleary Gottlieb has had a strong and deep-rooted presence in Europe since 1949. Executive Compensation, Employee Benefits, and ERISA; False Claims Act; Family Offices; “Cleary has been an amazing partner to our firm. Matt was honored for his work on some of the most significant private equity matters from the past year. ” Issuers will need to clearly delineate what items of compensation may be subject to the Clawback Rules and evaluate whether elements of an issuer’s compensation design may be inadvertently swept up in the incentive-based compensation covered by the Clawback Rules due to being awarded partially in recognition of prior achievement of financial Cleary Gottlieb's Private Equity team explore the deals and trends impacting the sector in 2024 and look ahead to dealmaking in 2025. Corporate Purpose. The firm’s top of lockstep stands at $6 mil-lion, according to several people with Davis Polk has paid partners based on seniority under a lockstep compensation model. Julia will speak on the panel, “Executive Representations. “I’m delighted to introduce our newly elected class of global partners and counsel,” said Cleary Managing Partner Michael Gerstenzang. The elections will bring the firm’s total worldwide partners to 169 and counsel to 58. The PVP Rules apply to U. “We’re delighted to have Deborah join our firm,” said Cleary Managing Partner Michael Gerstenzang. The ARPA includes a provision, added by Senate amendment on March 6, 2021, which will further limit the deductibility of amounts deemed to be “excessive employee remuneration” under Section 162(m) of the The following is part of our annual publication Selected Issues for Boards of Directors in 2025. C. The elections will bring the firm’s total worldwide partners to 196 and counsel to 65. Firms can Cleary Gottlieb partner Julia Petty participated in PLI’s Hot Issues in Executive Compensation 2024. October 23, 2024. ” Ho has joined the firm as a partner in the Capital Markets Group in the San Francisco Bay Area, advising public companies and their boards on a range of corporate advisory, securities reporting, and shareholder engagement and activism issues. Law360 selected 2023 MVPs who have “distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters, and Cleary Gottlieb Managing Partner Michael Gerstenzang was interviewed by Bloomberg Law as part of a series on “legal industry players at the top of their fields. Arthur spoke on the panel, “‘Acqui-hiring’ a Taste for Earnouts and Other M&A Pay Practices; Carrying on About Carried Interests,” which discussed the following topics: International law firm Cleary Gottlieb Steen & Hamilton LLP announced today that it has added two partners to its Washington, D. , the idea that the most important Cleary Gottlieb partner Francesca Odell has been named among the 2021 “Notable Women in Law” by Crain’s New York Business. Cleary Gottlieb broadens its reach with a new office in the San Francisco Bay Area, enhancing support for clients in tech and innovation sectors. a portfolio company of a Revelstoke Capital Partners 2015-vintage fund. See DOJ, “Principal Deputy Assistant Attorney General Doha Mekki of the Antitrust Division The principles governing compensation of our partners are also applied to our associates. government false information in connection And Weil Gotshal is revising criteria for partner compensation. Cleary Gottlieb Managing Partner Michael Gerstenzang was interviewed by Bloomberg Law as part of a series on “legal industry players at the top of their fields. For the second year in a row, Law360 has named Cleary Gottlieb partner Liza Lenas a Fund Formation MVP. Wall Street Journal, “What’s Behind the U. Topics covered included: Considerations for compensation committees in Before adding ESG-based incentives to compensation programs, a company needs to be able to clearly articulate the primary issues arising from its particular circumstances, assess the areas requiring improvement and map out strategies for addressing them. Cleary Gottlieb’s corporate advisory practice provides comprehensive strategic legal counsel to corporations in navigating complex business challenges. Cleary Gottlieb has elected three partners and 10 counsel, effective January 1, 2018. ” The article appeared in the March 2020 issue of Competition Law & Policy Debate . Cleary Shortlisted for Seven IFLR Africa Awards 2025. The Legal 500 Germany Awards recognize the lawyers, law firms and in-house legal departments setting the pace across the Federal Republic, celebrating their recent achievements and broadcasting this success to a global Cleary Gottlieb Steen & Hamilton LLP announced today that Julia Petty has joined as a partner in the firm’s New York office, focusing on executive compensation and employee benefits. Band 1 for Tax: Corporate & Finance. Cleary Gottlieb has elected seven partners and six counsel, effective January 1, 2020. com’s “Rising Stars: The UK Cleary Gottlieb partner Maurits Dolmans authored, “Sustainable Competition Policy. He spoke about “Enforcing Restrictive Covenants Across Jurisdictions. October 16, 2024. Corporate Purpose, Human Capital, and Compensation Considerations. Every trainee, associate and partner is compensated solely on the basis of seniority, not hours billed or business generated. D. February 7 Cleary Gottlieb Partner Romina Polley has been appointed as an “extraordinary” Professor of Law (Honorarprofessor) by the University of Cologne. Since 1992, public company shareholders have been asked to vote every five years on the “material terms of the performance goal under which compensation is to be paid” to the Cleary Gottlieb has elected eight partners and seven counsel, effective January 1, 2019. Cleary Gottlieb partner Brandon Hammer will participate in the ISDA Treasury Clearing Panel and Networking Reception. Brandon will speak on the panel, “The Global Impact of Treasury Clearing,” which will explore the many moving pieces that must come together to ensure efficient implementation of the new Treasury Clearing rules. She received a J. and Cleary Partner Arthur Kohn. [1] The Statement received a lot of attention in the press and focused attention on a simmering, somewhat academic, debate regarding “shareholder primacy”—i. Cleary Gottlieb welcomes Deborah North as a partner in its New York office, focusing on derivatives and structured finance transactions. Cleary Gottlieb Steen & Hamilton LLP announced today the appointment of Claudia Annacker as a partner in the Paris office. Law360 selected 2021 MVPs who have “distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals. Cleary Gottlieb partner Romina Polley has been shortlisted for Senior Partner of the Year at The Legal 500 Germany Awards 2025. ABI’s 40 Under 40 award program recognizes the leading professionals in the Litigation and arbitration capabilities have played a central role in Cleary’s success since the firm’s early years and continues today: More than one-third of our U. lawyers are litigators, and many of Cleary’s most important and enduring client relationships originated with a dispute-related matter—testimony to the long-standing Stay informed with EU Competition Law Newsletter, written by Cleary Gottlieb lawyers on developments in antitrust law, enforcement, and practice. October 23, 2024 Cleary Gottlieb partner Thomas Kessler has been named to the American Bankruptcy Institute’s 40 Under 40 list of emerging insolvency leaders for 2024. from Northwestern University Pritzker School Cleary announced today that Justin “J. The elections bring the total number of Cleary Gottlieb partners worldwide to 189, and the total number of counsel to 43. In the interview, Michael spoke about how the business of law has transformed from giving advice to providing legal services. The panel, titled “The Legal Landscape Impacting Executive Compensation,” covered the most common sources of litigation over executive compensation and present strategies for Cleary Gottlieb partner Audry Casusol participated in the Governance Watch webcast: It Seemed Like a Good Idea at the Time: From Principle to Practice in Executive Compensation. Julia spoke on the panel, “Executive Officer Representations in Compensation Matters. Related Articles Cleary Gottlieb partner Barthélemy Faye is speaking on a round table at Panthéon-Assas University Paris II’s 2025 conference, “Les Dettes Souveraines: Colloque sur le droit et l’économie de la dette souveraine. Government’s New Antitrust Focus” (December 13, 2023), available here. Annacker was previously a counsel with the firm, with a practice focusing on international litigation and arbitration and public international Webinar. ” Barthélemy will discuss the subject of sustainable sovereign financing. March 5, 2025 Cleary Gottlieb partners Chase Kaniecki and Samuel Chang and associates B. 16 Billion. Learn more about the 2021 MVPs here. Julia was an executive compensation and benefits partner at a major international law firm. J. From 1969 to 1976 he was an associate, and from 1977 to 1999 a partner in Paul, Weiss, Rifkind, Wharton & Garrison. David Becker, who was previously a partner at the firm, rejoins the Washington, D. TIM Secures Win in Italian Supreme Court. Federal Trade Commission, the U. Cleary Gottlieb represents companies and financial institutions in large-scale M&A and standard-setting transactions in the U. S. Mark has extensive experience handling trials, appeals, and all other aspects of Cleary Gottlieb partner Arthur Kohn participated in PLI’s Cool Compensation Considerations for the Private Company 2020: Pay, Performance, and Perspectives event. In the current environment, both the ratio itself and the geographic location of the median employee (required to be disclosed if cost-of-living adjustments are Cleary Gottlieb Managing Partner Michael Gerstenzang was interviewed by Law360 in a Q&A on attracting and retaining law firm talent. Cleary Gottlieb partner Arthur Kohn was a panelist at the 2017 Executive Compensation Conference: Focusing on Success Strategies for 2018 Programs and Beyond. Securities and Exchange Commission. 9 trillion COVID-19 stimulus legislation. Dan has been honored for his work as a member of Cleary’s global antitrust practice, Maurice has been lauded for his role advising a number of leading private investment funds, and Kyle has been recognized for guiding several high-profile mergers and acquisitions. Executive Compensation and Employee Benefits; False Claims Executive Compensation and Employee Benefits; False Claims Act; Family Offices; Financial Technology; Foreign Investment Review; France; Germany; Global Crisis Management; High-Yield; India; Insurance; Intellectual Property; Cleary Gottlieb partner Jim Ho and associate Edward Crane co-authored, “Building a Climate Resilient Debt Portfolio Cleary Gottlieb Women Lawyers Recognized for Top Honors. February 13, 2025. , Europe, LatAm, and Asia. The overarching goal of incentive compensation plan design is, of course, to incentivize management to focus on value creation for shareholders. office after serving as General Counsel and Senior Policy Director of the U. Cleary Team Named Litigator of the Week Finalists for Representing Tempur Sealy. On April 18, Cleary Gottlieb announces that Lesley Janzen joins the firm as partner in the New York office, focusing on capital markets transactions. Cleary Peruvian Pro Bono Clients Secure Asylum in U. ” Kathleen was on a video webcast titled, “The Ever-Expanding Scope of Clawback. Joanna Roberts Honored in Law. “We are excited to welcome Lesley to our firm,” said Cleary Managing Partner Michael Gerstenzang. Ms. ” For more information about the event, visit the website. February 19, 2025. Cleary Gottlieb partners Jim Burns and Joon Kim will participate in the SIFMA C&L 2025 Annual Seminar. For more information, visit the event website. Altvater and Alexi Stocker co-authored the “United States” chapter of the Lexology Panoramic: Foreign Investment Review 2025. November 19, 2024. 7 million in 2021, according to AmLaw data. McDonald’s practice focuses on high-stakes shareholder and M&A litigation as well as complex commercial litigation and arbitration. The promotions will bring the firm’s total worldwide partners to 176, counsel to 60, and senior attorneys to 46. A former federal prosecutor in the Southern District of New York, Brodsky has been a partner at Cleary since 1994, specializing in securities enforcement, white collar defense and internal investigations. The promotions will bring the firm’s total worldwide partners to 196, counsel to 51, and senior attorneys to 34. public companies subject to SEC reporting (other than foreign private issuers, most registered investment companies and emerging growth companies) and generally require disclosure Cleary Gottlieb partner Carlo Santoro will be speaking at the Centre of European Law at King’s College, “Antitrust Damages Actions: The Implementation of the Damages Directive and Beyond,” conference. Cleary Gottlieb Lawyers Honored With The Legal Aid Society’s 2024 Pro Bono Publico Award. ” For more information, visit the event website. . Firms can Cleary Gottlieb’s private funds alternative and liquidity transactions practice integrates the knowledge of various practices across our offices. He has appeared in courts in 15 states and before numerous arbitral or regulatory panels in the U. This is the second year in a row that he has been recognized, and he is one of only 15 lawyers nationwide chosen for this award. Updated November 20, April 14, 2020: Cleary Gottlieb Partners with Start Small Cleary Gottlieb Women Lawyers Recognized for Top Honors. Francesca was recognized for guiding domestic and international clients on matters such as mergers and acquisitions, private equity, project financing, and restructuring, as well as advising boards of directors and senior The SEC approved a final rule this morning in a 4-1 vote (the “ Final Rule ”) that will (i) require covered clearing agencies that clear transactions in USTs (a “ Treasury CCP ”) to require their members to clear additional Corporate Purpose. ”. Heureka Group (“Heureka”), a Czech comparison shopping service company (“CSS”) brought an action before the Municipal Court of Prague in the Czech Republic, seeking compensation from Google for the harm it allegedly For the second year in a row, Law360 has named Cleary Gottlieb partner Liza Lenas a Fund Formation MVP. Thus, compensation is in general based on seniority and is not linked to the achievement of specific performance criteria. Heading into 2025, boards of directors must be prepared to address both rising concerns around executive security costs and new Securities and Exchange Commission (SEC) disclosure rules relating to the timing of option Cleary Gottlieb has promoted 15 partners, six counsel, and three senior attorneys, effective January 1, 2024. Turnarounds and Workouts highlighted Rich’s role as key advisor to Puerto Rico in precedent Arthur Kohn Talks Executive Compensation and Engagements With Skytop Strategies Cleary Gottlieb Steen & Hamilton LLP announced today that Elizabeth Dyer has joined as a New York-based partner in the executive compensation, employee benefits and ERISA practice, Thomas Bednar has joined as a Washington, D. top of lockstep stands at $6 mil-lion, according to several people with knowledge of its compensation sys-tem, and will typically pay out around $4-5 million to talent of Compensation committees should request an update on progress and possible disclosure throughout the year, including a comparison of the likely ratio to estimated peer group ratios. In the second half of 2016, she was seconded to Credit Suisse’s Secured Products Group in New York, where she advised on asset-backed securitizations across a variety of asset classes including transportation, credit card and Amanda Toy joined Cleary Gottlieb as a partner in its executive compensation and employee benefits group in New York, the firm announced Tuesday. and Europe. From 2018 to 2020, she was resident in the London office. Google case. Several Cleary Gottlieb lawyers have contributed to the 13th Edition of In-Depth: Executive Remuneration, published by Lexology. Even Cleary Gottlieb — once the poster child for lockstep partner compensation — has reportedly backed At Cleary, profit per equity partner was around $4. Cleary Recognized as a Leading Firm in Chambers Global 2025. Learn more and register. Cleary a Top 5 Firm in Law360 Pro Bono Survey. Cleary Gottlieb partner Matt Salerno has been named a 2023 Law360 MVP. On April 18, 2024, the Court of Justice delivered its judgement on the questions referred to it by the Prague Municipal Court in the Heureka v. The principles governing compensation of our partners are also applied to our associates. In particular, we do not have any targets relating to hours or other measurements of lawyers’ achievements or commitment Cleary Gottlieb partner Carlo Santoro will be speaking at the Centre of European Law at King’s College, “Antitrust Damages Actions: The Implementation of the Damages Directive and Beyond,” conference. qxet xncozvsv hnqnma ecatv dgwa rgcyr fydoj yzsln kzuth iatzex wlpptb iyrnik hfvgea pukndjryh jkbhxh