Elite New York Firms Finally Join Big Law’s Free Agent Era (1)

May 9, 2024, 9:00 AM UTCUpdated: May 9, 2024, 3:18 PM UTC

Welcome back to the Big Law Business column. I’m Roy Strom, and today we look at the competition among top New York law firms. Sign up to receive this column in your Inbox on Thursday mornings.

New York’s elite law firms are taking a page from their hometown baseball teams: Splashing cash to sign the industry’s most valuable players. While the strategy has had mixed success on the baseball diamond, law firm managing partners are hoping it will help them stay on top.

Davis Polk & Wardwell is the latest Wall Street firm to make competing for high-priced partners ...

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