Clyde & Co

Clyde & Co is a global law firm with a focus on five core sectors: insurance, energy, trade & commodities, infrastructure and transport.[3] The firm employs 2,500 legal professionals and 4,000 total staff in over 50 offices in every global region, including Latin America, Africa, Europe, the U.S., Canada, the Middle East, Asia Pacific and the UK.[5][2][6][7] In 2019-20, Clyde & Co's revenue was £627 million (approximately $810 million), marking the firm’s 22nd successive year of growth.[8]

Clyde & Co
HeadquartersSt Botolph Building
London, EC3
United Kingdom
No. of offices50+[1]
No. of lawyers1,800 [2]
Major practice areasInsurance, Energy, Trade & Commodities, Infrastructure and Transport[3]
Revenue£627 million ($810 million) (2019-20)[4]
Date founded1933
Company typeLimited liability partnership
Websiteclydeco.com

History

Clyde & Co was founded by Scottish lawyer Richard Arthur Clyde. He came from a distinguished legal family, which in the last century has produced two Lords President of the Court of Session in Scotland. Richard Clyde's nephew, the late Lord Clyde, was a Lord of Appeal in Ordinary from 1996 to 2001.

The earliest record of Dick Clyde as a solicitor in independent practice dates from 1928, although it was in 1933 that having left his position as an assistant solicitor with a well known firm of City marine lawyers, he set up his own office in Lime Street in the heart of the insurance district of the City of London. He managed to attract instructions from Lloyd's underwriters and insurance companies, and within a short time went into partnership with Maurice Hill, a member of the founding family of the Liverpool solicitors Hill Dickinson and a descendant of Sir Rowland Hill, who had established the penny post.

Michael Payton, who had joined the firm in 1966, assumed the post of Senior Partner in 1984, a position he held until 2013 when he assumed the role of Chairman. James Burns was elected Clyde & Co Senior Partner in 2013 and during his tenure Clyde & Co grew revenues by one third (£336m to £447m). More than 15 new offices were added on five continents including: Dusseldorf, Miami, Cape Town, Johannesburg, Melbourne and Edinburgh. James Burns was named Management Partner of the year by Legal Business in April 2016.[9][10] In October 2016 Simon Konsta was elected Senior Partner having previously been the firm's Head of Insurance since 2013 and a member of its Global Management Board since 2011.[11]

Expansion

Reflecting the firm's growing international outlook, in 1981 Clyde & Co opened its first overseas office in Hong Kong. Many others followed in the Middle East, Asia, Europe and America.[2]

Clyde & Co has expanded rapidly in recent years.[12]

In 2011 the firm announced mergers with Canadian firm Nicholl Paskell-Mede and Barlow Lyde & Gilbert (BLG). The merger with BLG was reported as the largest merger between two UK law firms with an expected turnover of over £300 million.[13]

The firm became the first international law office to open in Libya after the overthrow of the Gaddafi regime with the opening of an office in Tripoli in August 2012.[14]

In September 2015, the firm merged with leading Scottish firm Simpson & Marwick.[15]

In recent years, the firm has opened new offices in Sydney, Perth, Melbourne, Beijing, Madrid, Atlanta, South Africa, Brisbane, Miami, Düsseldorf, Chicago, Washington, D.C., Mexico City, Los Angeles, Orange County and Hamburg, among others.[16][2][7][17][18]

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References
  1. "Offices, associated offices and locations : Clyde & Co (en)". www.clydeco.com.
  2. "About us : Clyde & Co (en)". www.clydeco.com.
  3. "Clydes reports 13% revenue increase for 2015-16 as PEP nudges up to new high". LegalWeek.com.
  4. "'Stable and consolidated': Clydes posts steady revenue growth but profit hit after year of investment". LegalWeek.com.
  5. "Clyde & Co déploie ses ailes au Canada : Clyde & Co (en)". www.clydeco.com. Retrieved 2017-06-22.
  6. "Clyde & Co posts 13% revenue growth : Clyde & Co (en)". www.clydeco.com.
  7. "Clyde & Co continues Americas push with Mexico launch". LegalWeek.com.
  8. "'Stable and consolidated': Clydes posts steady revenue growth but profit hit after year of investment". LegalWeek.com.
  9. "Clyde & Co Senior Partner James Burns awarded Management Partner of the year : Clyde & Co (en)". www.clydeco.com.
  10. "Clyde & Co senior partner James Burns : Clyde & Co (en)". www.clydeco.com.
  11. "Simon Konsta : Clyde & Co (en)". www.clydeco.com. Retrieved 2016-11-01.
  12. "2011-12 case studies: Clyde & Co". LegalWeek.com.
  13. "Clydes and Barlows to vote on merger deal by end of July". LegalWeek.com.
  14. "Subscribe to read". Financial Times.
  15. "Clyde & Co Launches in Scotland With Simpson & Marwick merger : Clyde & Co (en)". www.clydeco.com.
  16. "Clydes seals double Australia launch with team hire from Links ally Allens". LegalWeek.com.
  17. "Clyde & Co opens ninth US office with Los Angeles launch". LegalWeek.com.
  18. "Clyde & Co to Launch Office in Hamburg - International - The American Lawyer".

See also
  • List of 100 largest UK law firms
  • List of 100 largest European law firms
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