CLIFFORD CHANCE INTERNATIONAL LLP
Company Information
- Company Number
- OC333618
- Registered Address
- 10 Upper Bank Street, London, E14 5JJ
- Status
- Active
- Employee Count
- 15
- Turnover
- £3,624,000
- EBITDA
- -£6,119,000
Additional Details
- Website
- https://cliffordchance.com
- Company Type
- Limited liability partnership
- Incorporated On
- 17 December 2007
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The data for CLIFFORD CHANCE INTERNATIONAL LLP shows a fluctuating trend in their average time to pay invoices. From 2017 to 2020, their average time to pay increased from 32 days to 50 days, with a slight decrease in 2021 and 2022. However, in 2023 and 2024, there was a significant decrease in their average time to pay, dropping to 14 days and 20 days respectively.
Volatility Analysis
The data also shows volatility in the percentage of invoices paid within 30 days. In 2017 and 2018, only 45% of invoices were paid within 30 days, but this increased to 62% in 2019 before dropping to 58% in 2020. In 2021 and 2022, the percentage increased to 75% and 83% respectively, before dropping to 80% in 2023 and 2024.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Nov 2024 - 30 Apr 2025 | 29 May 2025 | 13 | 83% | 17% | 0% | 0% |
| 01 May 2024 - 31 Oct 2024 | 28 Nov 2024 | 10 | 83% | 17% | 0% | 0% |
| 01 Nov 2023 - 30 Apr 2024 | 30 May 2024 | 22 | 80% | 0% | 20% | 20% |
| 01 May 2023 - 31 Oct 2023 | 27 Nov 2023 | 14 | 84% | 8% | 8% | 8% |
| 01 Nov 2022 - 30 Apr 2023 | 26 May 2023 | 30 | 53% | 27% | 20% | 20% |
| 01 May 2022 - 31 Oct 2022 | 24 Nov 2022 | 9 | 83% | 17% | 0% | 0% |
| 01 Nov 2021 - 30 Apr 2022 | 27 May 2022 | 18 | 93% | 7% | 0% | 0% |
| 01 May 2021 - 31 Oct 2021 | 26 Nov 2021 | 11 | 75% | 25% | 0% | 0% |
| 01 Nov 2020 - 30 Apr 2021 | 27 May 2021 | 15 | 88% | 6% | 6% | 6% |
| 01 May 2020 - 31 Oct 2020 | 19 Nov 2020 | 50 | 53% | 18% | 29% | 35% |
| 01 Nov 2019 - 30 Apr 2020 | 29 May 2020 | 32 | 58% | 21% | 21% | 42% |
| 01 May 2019 - 31 Oct 2019 | 28 Nov 2019 | 45 | 62% | 14% | 24% | 24% |
| 01 Nov 2018 - 30 Apr 2019 | 22 May 2019 | 57 | 56% | 22% | 22% | 22% |
| 01 May 2018 - 31 Oct 2018 | 28 Nov 2018 | 47 | 69% | 8% | 23% | 23% |
| 01 Nov 2017 - 30 Apr 2018 | 22 May 2018 | 29 | 45% | 45% | 10% | 18% |
| 01 May 2017 - 31 Oct 2017 | 29 Nov 2017 | 32 | 50% | 33% | 17% | 25% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
45 Days
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
90
Dispute Resolution Process
Contracts are managed by P2P team and any disputes are resolved as per contract terms with the help of Legal team.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
CLIFFORD CHANCE INTERNATIONAL LLP is a leading global law firm with a strong commitment to sustainability. Headquartered in London, the firm has offices in over 20 countries and provides a wide range of legal services to clients around the world.
One of the key activities of Clifford Chance is providing legal advice and representation to clients in various industries, including banking and finance, energy, technology, and healthcare. The firm has a team of highly skilled lawyers who specialize in different areas of law, ensuring that clients receive the best possible legal support.
In line with their commitment to sustainability, Clifford Chance has implemented several initiatives to reduce their environmental impact. This includes reducing their carbon footprint through energy-efficient practices, promoting recycling and waste reduction, and implementing sustainable procurement policies.
The firm also offers pro bono services to organizations and individuals in need, furthering their social responsibility efforts. Additionally, Clifford Chance has a strong diversity and inclusion program, promoting equality and inclusivity within the firm and the wider legal community.
Some key people at Clifford Chance include Matthew Layton, the Global Managing Partner, and Jeroen Ouwehand, the Global Senior Partner. They are supported by a team of experienced partners and executives who lead the firm's operations worldwide.
To learn more about Clifford Chance and their services, you can visit their website at www.cliffordchance.com. Their registered office address is 10 Upper Bank Street, London, E14 5JJ, United Kingdom.
