Still clutching your right hand or foot (7)
I believe the answer is:
pyrrhic
'foot' is the definition.
(pyrrhic is a kind of foot)
'still clutching your right hand' is the wordplay.
'still' becomes 'pic'.
'clutching' is an insertion indicator.
'your' becomes 'yr'.
'right hand' becomes 'rh' (medical abbreviation).
'yr'+'rh'='yrrh'
'pic' going around 'yrrh' is 'PYRRHIC'.
'or' is the link.
(Other definitions for pyrrhic that I've seen before include "A victory won at such great cost that it's not a triumph" , "(Of victory) where winner's losses are as great as loser's" , "A victory won at too great a cost to the victor" , "This kind of victory is too costly" , "This victory comes at too great a price" .)