Global expansion
In 1999, Clifford Chance merged with Frankfurt-based law firm Pünder, Volhard, Weber & Axster and with the 1871-established US-based firm Rogers & Wells (the use of the Pünder, Volhard, Weber & Axster and Rogers & Wells branding for their respective European and United States regional offices was discontinued in 2003). In 2002, Clifford Chance launched in California, setting up a branch with nearly 50 attorneys from the disbanding dot-com firm Brobeck, Phleger & Harrison in Los Angeles, Palo Alto, San Diego and San Francisco. With California's downturn, the firm closed its Pacific Coast operations in 2007.[11]
Clifford Chance was one of several international law firms that developed local law practices in Japan following the easing of restrictions on foreign law firms in 2005. Clifford Chance was the highest-ranked European law firm by Japanese corporate legal departments in a December 2013 Nihon Keizai Shimbun survey.[12]
Like other firms in the Magic Circle, the firm lost significant revenue during the late-2000s recession, with its profit dropping by 33.4% in the 2008-9 financial year.[13] Prior to 2008, Clifford Chance primary focus was on banks and financial sector.[14] As part of cost cutting in response to the recession, in 2009 Clifford Chance announced plans to lay off 80 lawyers and 115 support staff in London.[15] In addition, the firm accepted the redundancy applications of 50 fee earners in London over and above the initial 80 lawyers.[16] In 2011, the firm moved back office tasks to its 350-employee Global Shared Service Centre, including a 60-employee Knowledge Centre in New Delhi, India as an efficiency measure.[17]
In May 2011, Clifford Chance opened offices in Australia by merging with two M&A boutique law firms, Sydney-based Chang, Pistilli & Simmons and Perth-based Cochrane Lishman Carson Luscombe.[18][19] In February 2012, Clifford Chance opened a new office in Casablanca, giving the firm's Africa practice its first permanent on the ground presence in the continent.[20] In July 2012, Clifford Chance became the first UK firm to receive permission from South Korea's Ministry of Justice to open an office in the country.[21]
In November 2011 it was identified as the largest supplier to the City of London Corporation, having received over £9m in fees from the corporation between January and September of that year.[22] In February 2018, following the January 2018 liquidation of construction and services business Carillion, around 60 staff at Carillion's Newcastle-based legal services arm joined Clifford Chance.[23] On 2 May 2018, Clifford Chance announced the establishment of a delivery and innovation hub in Singapore to serve the Asia-Pacific Region.[24]
In July 2025, the firm was ranked fourth among top foreign law firms for India-related matters by the India Business Law Journal.[25]
Controversies
In 2002 concerns were raised after an internal memo from members of the New York office implied that working conditions tempted staff to "pad out" billing hours. Staff are required to bill 2,420 hours a year.[26][27]
In 2020, the Clifford Chance office in Frankfurt, Germany, was searched as part of an investigation into the tax dealings of ABN AMRO Bank N.V.[28][29]
In March and April 2024, the Polish office of Clifford Chance became the subject of controversy related to its role in the process of changes in public media, introduced since the end of 2023 by the new Polish authorities after the elections in October 2023.[30][31]