Amid all the sound and fury about imminent disruption in legal markets, there is always one vaguely defined group assumed to be largely exempt from the coming maelstrom: the venerable and venerated white-shoe elites of Wall Street.

An air of permanence clings about these names, bolstered by the twin mystique of prestige and pedigree. It is perhaps fitting that Wall Street is named for the defensive wall that once guarded the shores of New Amsterdam before New York came to be. In much the same way, many of Wall Street’s most elite law firms trace their roots back to a time that predates living memory. Their perennial prosperity, relatively undeterred by the shockwaves of the Great Recession, only reinforces the perception of unassailability.  


To follow a conversation on this subject between ALM Intelligence senior analyst Nicholas Bruch and The American Lawyer editor-in-chief Gina Passarella beginning Aug. 28, register here:

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]