I had a dream that Wachtell, Cravath and Kirkland all merged. Can you imagine…

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Those are some sad dreams.

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Wouldn’t last. Different business models.

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The Cravath partners wouldn't last long with the other two

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We'd leave Cravath out - don't want them dragging down our PPP

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I’m sorry about the state of your imagination :/

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What would this firm be called

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Wirkland & Crevis

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You need better dreams buddy

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What is cravath’s business model? What are they so prestigious

There’s a lot on the internet about the Cravath system you can look into. It’s prestigious because the firm has a deep well of large and recognizable public companies as its clients, the firm is top-tier in both litigation and M&A, and the foregoing factors allow it to selectively hire the best talent. In the past 15 years, some of that talent has fled Cravath’s lockstep model for more pay and sway elsewhere. Today, CSM is still up in the top tier but other elite firms have caught up and Cravath’s share of the best clients and attorneys has come back down to earth. It and Wachtell are still often perceived as the top NY firms and a safe option for top flight law students, but the gap between them and the next 5-10 firms has mostly disappeared from a talent, compensation and client perspective.

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