Unlike Most Other Biglaw Firms, Cravath Bucks the Trend of Record Partnership Class Sizes
“Thanks to the hot lateral market, Biglaw firms are handing out partnership offers like candy, perhaps as a way to keep their best associates from fleeing to another firm. Biglaw firms have continuously announced record partnership class sizes in response to the ongoing talent war, but one,” reports Staci Zaretsky in Above The Law.
“It was just last year that Cravath boasted one of its largest partnership classes in recent memory and its most diverse partnership class in history by promoting 11 associates. This year, the firm returned to its old ways, inviting six associates to become members of its partnership. Cravath has had a 6.4 new partners per-year average over the.”