Cleary Gottlieb Steen & Hamilton plans to focus on growing its presence in Hong Kong, New York and London. The firm is famous for rarely making a lateral hire and it continues to be cautious about making such decisions. But, the firm’s finances fared better after the economic downfall than many other US firms. Its total revenue declined by $4 million to $965 million and its profit per equity partner remained the same.

Source: wwww.thelawyer.com