Jeff Karpf signals the start of Cleary's new phase
In the face of geopolitical uncertainty, the capital markets are showing signs of resilience. One such firm that is thriving is Cleary Gottlieb Steen & Hamilton, a prestigious law firm with a rich history.
The IPO market in the US is opening up, and the debt and financing markets have remained strong, providing companies with much-needed capital and financing, as acknowledged by firm leader Jeff Karpf.
Cleary Gottlieb Steen & Hamilton is not only weathering the storm but also making waves in the legal sector. The firm is known for its decent and collaborative culture, which has attracted lateral partners and fostered a supportive environment.
The firm's commitment to innovation is evident in its advanced adoption of technology and artificial intelligence. ClearyX, an offshoot focusing on technology in M&A due diligence and transactional work, and the partnership with Legora, an AI platform for the legal sector, are testament to this.
Jeff Karpf, who will become the managing partner on 1 January 2026, has trained over 3,000 people at the firm on the use of Legora. Approximately 1,000 to 1,500 users of Legora are currently active at Cleary Gottlieb Steen & Hamilton.
The firm's growth is particularly noticeable in London and New York, with a significant focus on private markets such as private funds, private equity transactions, private finance, private credit, and private restructuring.
Litigation is identified as a major area of opportunity for growth at Cleary Gottlieb Steen & Hamilton, particularly in the fields of securities litigation, shareholder activism, and consumer antitrust.
Cleary Gottlieb Steen & Hamilton has a long-standing commitment to diversity, equity, and inclusion. The firm is navigating the complex landscape of Environmental, Social, and Governance (ESG) and climate requirements, helping companies balance compliance with different regulatory regimes while providing disclosure to the market about their actions.
Clients appreciate the efficiency that Legora provides in preparing draft agreements, certificates, and reviewing large volumes of documents. This efficiency is crucial in today's fast-paced business environment.
Despite the appointment of Karpf as managing partner signalling continuity with Cleary Gottlieb Steen & Hamilton's traditions, there is a willingness to innovate in response to client demands. Karpf is committed to spending time with partners, associates, and staff to maintain a connection with the people doing the work on the ground.
In some states in the US, such as California, the approach towards ESG and climate is more similar to that in Europe compared to the federal government's approach. This divergence between regulatory regimes is a challenge that Cleary Gottlieb Steen & Hamilton is well-equipped to navigate.
As Cleary Gottlieb Steen & Hamilton continues to grow and innovate, one thing remains constant - its commitment to its people and clients. The firm's success is a testament to its culture and its ability to adapt to the changing landscape of the legal industry.
Read also:
- Industrial robots in China are being installed at a faster rate than in both the United States and the European Union, as the global market for these robots faces a downturn.
- Hyundai N affirms transition to hybrid performance-centric models, initiating with Tucson N
- EAFO Research Uncovers Crucial Elements in Electric Vehicle Adoption within the EU
- Stock markets in India anticipated a moderate opening, influenced by mixed signals from global markets.
