It could go either way in my experience. I once had to drop an Escort gearbox when the squeak became intolerable.
Two other options. Depending on the type of clutch lever, you might be able to add just enough preloaded to stop the squeak. Even lubricating the pivot might be enough.
If you can see inside the bell-housing you might consider a tiny squirt of lubricant but be very careful. I once lost the plastic tube off a can of something when it pinged into the bell housing.......
