Cravath Leans on Litigators in New Partner Class
The dealmaking powerhouse promoted five litigators and just one new corporate partner.
November 07, 2019 at 04:36 PM
2 minute read
Cravath, Swaine & Moore has elected six new partners to its ranks, the firm announced Wednesday, and all but one are litigators.
Michael Addis, Justin Clarke, Sharonmoyee Goswami, Evan Norris and Lauren Rosenberg each belong to the firm's litigation department. Only C. Daniel Haaren is in the corporate department. The partners will become members of the firm Jan. 1, 2020.
With just 83 partners generating average profits of $4.62 million last year, the newly promoted lawyers are joining a famously rarefied club. The Wall Street firm's relatively cozy partnership—still small enough to squeeze everyone on its standard letterhead—also stands out for its continued commitment to lockstep compensation, in which pay is determined by seniority.
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