Cravath, Swaine & Moore's office in Manhattan, New York. Courtesy photo How Will Cravath Fare Against Its Veteran DC Peers?
A powerhouse in New York and in transactions, the firm is betting it can lure talent and drum up regulatory work—even though its competition is more established and entrenched in the complex market.
June 08, 2022 at 08:30 AM
7 minute read
Law Firm Competition
The original version of this story was published on The American Lawyer
News that Cravath, Swaine & Moore is opening a Washington, D.C., office has been met with a collective raised eyebrow by the Beltway legal community. Many believe it was only a matter of time, yet all wondered why now and what was the impetus? Generally, however, pundits question the New York firm's ability to convincingly build a brand-new regulatory practice from scratch, when its D.C. competitors already have one baked in—and have for decades.
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