Ed. note: Welcome to our daily feature, Quote of the Day.
There is nothing to panic about. It is just that Cravath is not immune to all the market forces that are affecting every other top firm. Cravath has an amazing franchise. None of the luster is lost. Their brand is solid and sustainable. There is no vaccine that will immunize law firms from the new fight for talent.
— Alisa Levin, principal and founder of recruiting firm Greene-Levin-Snyder, in comments given to the American Lawyer, concerning recent lateral partner departures from Cravath, a firm long known to hold onto attorney talent from the cradle to the grave. “This isn’t a Cravath story,” a Biglaw partner told Am Law. “It’s a [Biglaw] story.”
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
The post There’s ‘No Vaccine’ For Partner Departures From Cravath, Other Elite Biglaw Firms appeared first on Above the Law.