Legal Services

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

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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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