Cravath System

The Cravath System is a set of business management principles first developed at Cravath, Swaine & Moore.

John Oller, author of White Shoe, credits Paul Drennan Cravath with creating the model in the early 20th century, which was adopted by virtually all white-shoe law firms, fifty years before the phrase white shoe came into popular use.[1] The Cravath System has been adopted by many leading law firms,[2][3] management consulting firms, and investment banks in the United States.

  1. ^ Levinson, Marc (March 20, 2019). "White Shoe Review: Lawyering Up the 20th Century (book review)". Wall Street Journal. Retrieved March 22, 2019.
  2. ^ William Henderson (2008). "Are We Selling Results or Résumés?: The Underexplored Linkage Between Human Resource Strategies and Firm-Specific Capital" (PDF). doi:10.2139/ssrn.1121238. S2CID 155916639. SSRN 1121238. {{cite journal}}: Cite journal requires |journal= (help)
  3. ^ Henderson, Bill. "How most law firms misapply the "Cravath system"". Indiana University Maurer School of Law Legal Studies Research Paper Series. Retrieved 2009-06-21.