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This can be a totally different cycle. And their success or not will rely on whether or not they can get their partnership to agree that this new means of doing issues [partners arriving and leaving with more regularity] is the brand new North Star for the agency. And that may rely on management.
— An nameless Am Regulation 100 chief, in feedback given to the American Lawyer on the modifications that appear to be occurring at Cravath, together with however not restricted to companions leaving the agency (which was as soon as unparalleled), lateral accomplice hires being made (which was as soon as a rarity), the and the creation of a nonequity accomplice tier.
Staci Zaretsky is a senior editor at Above the Regulation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to electronic mail her with any suggestions, questions, feedback, or critiques. You possibly can comply with her on Twitter and Threads or join together with her on LinkedIn.
