Cleary Gottlieb to Close Frankfurt Office, Consolidate German Operations in Cologne

Cleary Gottlieb Steen & Hamilton, an AmLaw 100 firm, will be closing its Frankfurt office in November, after having operated in the financial hub since 1991, opting instead to consolidate its German operations in Cologne. This decision aims to foster enhanced collaboration and efficiency while maintaining a strong presence in Germany, according to a representative from the firm. However, it has been noted in the German legal industry that the firm’s struggles in Frankfurt were widely known, with a reported decline in headcount over recent times. For further details on this development, you can read the full article on Law.com.