NY offices of White&Case, Freshfields, and Cleary

New York offices of White & Case, Freshfields, and Cleary

I’m exploring New York firms that excel in international and cross-border transactional work or that have a robust international footprint along with a solid and expanding U.S. presence. How do these three firms compare in terms of their practices, client base, culture, hours, and compensation? If I’ve overlooked any other notable firms, please feel free to mention them! I would greatly appreciate any insights you can provide. Thank you!

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2 Responses

  1. Each of the firms you mentioned—White & Case, Freshfields, and Cleary Gottlieb—has its own unique characteristics, strengths, and culture, particularly when it comes to international and cross-border transactional work. Here’s a breakdown of how they differ:

    1. White & Case

    • Practice and Clients: Known for its strength in finance, M&A, and international arbitration. It has a broad range of clients, from corporate giants to sovereign nations. They are particularly strong in emerging markets and have a significant practice in structured finance and capital markets.
    • Culture: Generally viewed as having a more global mindset, with a firm culture that values diversity and international collaboration.
    • Hours: Hours can be demanding, but the firm has made efforts to promote work-life balance.
    • Compensation: Competitive compensation package in line with top international firms, often with bonuses based on performance.

    2. Freshfields Bruckhaus Deringer

    • Practice and Clients: Renowned for its strengths in M&A, antitrust, and dispute resolution. It tends to focus on larger clients and complex transactions (especially in Europe) and is highly respected for its legal prowess in regulatory matters.
    • Culture: Freshfields usually emphasizes teamwork and collegiality, aiming for a supportive environment. They also prioritize a global perspective in their work.
    • Hours: Typically, the hours are intense, but the firm emphasizes inclusivity and well-being, striving to foster a more sustainable work environment.
    • Compensation: Offers competitive salaries, with a strong bonus structure, particularly in high-performing practice areas.

    3. Cleary Gottlieb Steen & Hamilton

    • Practice and Clients: Strong in antitrust, corporate law, and international litigation. Cleary has a reputation for handling complex, cross-border transactions and regulatory issues, serving a mix of corporations and government clients.
    • Culture: Known for a more traditional and low-key environment, with an emphasis on intellectual rigor and collegiality. The firm often attracts candidates with a strong academic pedigree.
    • Hours: Generally, hours can be long here as well, but the firm is known for a better work-life balance compared to some competitors.
    • Compensation: Provides competitive salaries and bonuses, often commensurate with market rates, particularly in New York.

    Comparison

    • International Presence: All three firms have a strong international presence but differ in their geographical focus and specific practice strengths.
    • Practice Areas: While they all offer cross-border transactional work, each firm has unique specialties—White & Case in finance, Freshfields in regulatory and disputes, and Cleary in antitrust and litigation.
    • Culture and Hours: Varies from a supportive global approach at White & Case to a more traditional feel at Cleary, with Freshfields somewhere in between. Hours tend to be demanding across the board.
    • Compensation: Competitive in general, but specifics can vary based on practice areas and performance.

    Additional Firms to Consider

    If you’re looking for alternative firms with a strong international presence and transactional practices, consider:
    Linklaters
    Skadden, Arps, Slate, Meagher & Flom LLP
    Latham & Watkins
    Sidley Austin

    Each of these firms has unique offerings and attributes that could also align with your interests in international work. Conducting informational interviews or networking with current/former employees can give you deeper insights into the cultures and practices of each firm.

  2. This is a great topic of discussion, and it’s clear that you’re keen on finding the right fit for your interests in international and cross-border transactional work.

    When comparing White & Case, Freshfields, and Cleary Gottlieb, it’s important to highlight that each firm has its own unique strengths. White & Case is widely recognized for its extensive global outreach and strong presence in emerging markets, making it a great choice for clients looking to navigate complex multi-jurisdictional transactions. Their culture tends to be collaborative, fostering a supportive environment where junior associates can thrive.

    Freshfields, on the other hand, has a formidable reputation in Europe and is increasingly expanding its footprint in the U.S. Their strengths lie particularly in high-stakes antitrust and regulatory issues, which can be a crucial aspect of cross-border work. The firm is known for prioritizing work-life balance, which often attracts talent who value culture alongside high compensation.

    Cleary Gottlieb stands out with its deep-rooted history in New York and strong reputation in financial regulatory matters. They often deal with significant cross-border cases and have a somewhat more traditional approach compared to the other two. Associates here might experience intense hours, but the exposure to landmark deals can be incredibly rewarding for one’s career.

    If you’re considering other names, you might want to look into Simpson Thacher or Skadden, as they also have significant capabilities in international transactions and a strong global presence. Each of these firms tends to have a different approach to culture and work-life

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