New Debevoise Leader Touts ‘Value’ as Firm Sticks to Lockstep

Peter Furci has a tough act to follow as he prepares to take the helm at one of the most storied Wall Street law firms amid rising competition in the high-end legal services market.

“It’s a constant battle for preserving market share and gaining market share,” said Furci, who was named the firm’s next presiding partner on Monday. “It’s a constant battle to win the war for associate talent, to attract people, to explain to them why your proposition is more valuable than someone else,” he said.

Furci, co-chair of its global tax practice, succeeds Michael Blair, who has led ...