Cravath, Swaine & Moore LLP
Cravath, Inc.: What If New York’s Law Firms Went Public?
Meet your new, incorporated counsel!
Zealous representation, provided
the profits don’t fall.
Zealous representation, provided
the profits don’t fall.
In the 1980s sitcom Mr. Belvedere, the mother of the family, Marsha Owens, worked for a time in a shopping-mall law firm called Legal Hut. It seemed like a good gag at the time—a law office that was part of a big chain, located in the quotidian precincts of a shopping mall, basically a business like any other.
But could it really happen here? What if New York’s biggest corporate law firms went public?
At the moment, it’s not allowed: American legal ethics rules prohibit lawyers from sharing fees with nonlawyers. But rules are made to be broken—or, at the very least, amended. read more »
Crime Motto of the Week: Take Time for Prep Time
The crook didn't display a weapon at any point during the incident; when you're that well prepared, read more »
