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Cravath’s London raid on Shearman signals law’s private equity revolution

Alongside another US titan, Shearman & Sterling, Cravath is trying to find a way to adapt to a changing legal landscape

The City is the next battleground for New York's elite legal set, if partner moves and merger talks are anything to go by
The City is the next battleground for New York's elite legal set, if partner moves and merger talks are anything to go by Photo: Mike Kemp/Getty Images

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Cravath, Swaine & Moore and Shearman & Sterling are two of New York corporate law's stalwart firms, with roots stretching back to 1819 and 1873 respectively.

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