Ed. observe: Welcome to our each day characteristic, Quote of the Day.
There may be nothing to panic about. It’s simply that Cravath is just not resistant to all of the market forces which are affecting each different high agency. Cravath has a tremendous franchise. Not one of the luster is misplaced. Their model is stable and sustainable. There isn’t a vaccine that can immunize regulation corporations from the brand new combat for expertise.
— Alisa Levin, principal and founding father of recruiting agency Greene-Levin-Snyder, in feedback given to the American Lawyer, regarding latest lateral associate departures from Cravath, a agency lengthy recognized to carry onto lawyer expertise from the cradle to the grave. “This isn’t a Cravath story,” a Biglaw associate informed Am Legislation. “It’s a [Biglaw] story.”
Staci Zaretsky is the managing editor of Above the Legislation, the place she’s labored since 2011. She’d love to listen to from you, so please be happy to email her with any suggestions, questions, feedback, or critiques. You’ll be able to observe her on Bluesky, X/Twitter, and Threads, or join along with her on LinkedIn.
