Skadden: Power, Money, and the Rise of a Legal Empire

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9780374524241: Skadden: Power, Money, and the Rise of a Legal Empire

In this unprecedented look at the culture of American lawyering, Lincoln Caplan shows us Skadden's origins in the white-shoe postwar legal world and its rise to preeminence in the era of Drexel Burnham Lambert - the firm's largest client in the eighties. Skadden is revealed as a place that prizes opportunists but which also created a $10 million program to support public-interest lawyers. In Caplan's probing and even-handed account, the story of Joe Flom's firm illuminates an era in America business and society.

"Caplan's inside insights are fascinating. It is as if we get not only one of L.A. Law's best episodes, but also a lot of what is usually left on the cutting-room floor." - Booklist

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About the Author:

Lincoln Caplan is assistant managing editor of U.S. news and World Report and the author of several books, including Skadden: Power, Money, and the Rise of a Legal Empire and The Tenth Justice: The Solicitor General and the Rule of Law

From Kirkus Reviews:

Illuminating, extraordinarily candid history of the mega-law firm of Skadden, Arps, Slate, Meagher & Flom--one of a handful of firms that, within the last 20 years, have fundamentally changed the American law business. Relying heavily on interviews with past and present Skadden associates and partners, Caplan (An Open Adoption, 1990, etc.) presents an all-around picture of this unique firm: its post-WW II genesis on ``April Fools' Day in 1948'' by three lawyers who hadn't achieved partnership at established firms; its dominance in the 70's and 80's of the heady world of corporate takeovers; its frenetic and workaholic character; its rapid accumulation of capital from its takeover business; and its growth into a high- quality, full-service firm. Joseph Flom, Skadden's first associate (and the only surviving name-partner) emerges here as the architect of the mergers and acquisitions business that made Skadden the force it is today; and in telling how he and other aggressive partners developed a distinctive niche in corporate law, Caplan also tells the tale of how American law practice in general has grown and altered. As he points out, many other large law firms have mirrored Skadden's growth over the decades: its attempts, with little early success, to become a profitable international firm with offices in Hong Kong, Tokyo, Frankfurt, Paris, and London; its formal pro bono program, offering fellowships to lawyers to practice in the area of ``public interest'' law; its acquisition of smaller firms in order to expand practice areas; its arbitrary decisions to make new partners; and its painful downsizing in the early 1990's, as the flood tide of corporate takeovers ebbed and then dried up. A convincing portrait in microcosm of the transformation of a once-sleepy profession into a giant, though troubled, global industry. -- Copyright ©1993, Kirkus Associates, LP. All rights reserved.

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Book Description Farrar, Straus Giroux Inc, United States, 1994. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****. In this unprecedented look at the culture of American lawyering, Lincoln Caplan shows us Skadden s origins in the white-shoe postwar legal world and its rise to preeminence in the era of Drexel Burnham Lambert - the firm s largest client in the eighties. Skadden is revealed as a place that prizes opportunists but which also created a $10 million program to support public-interest lawyers. In Caplan s probing and even-handed account, the story of Joe Flom s firm illuminates an era in America business and society. Caplan s inside insights are fascinating. It is as if we get not only one of L.A. Law s best episodes, but also a lot of what is usually left on the cutting-room floor. - Booklist. Bookseller Inventory # APC9780374524241

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Book Description Farrar, Straus Giroux Inc, United States, 1994. Paperback. Book Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. In this unprecedented look at the culture of American lawyering, Lincoln Caplan shows us Skadden s origins in the white-shoe postwar legal world and its rise to preeminence in the era of Drexel Burnham Lambert - the firm s largest client in the eighties. Skadden is revealed as a place that prizes opportunists but which also created a $10 million program to support public-interest lawyers. In Caplan s probing and even-handed account, the story of Joe Flom s firm illuminates an era in America business and society. Caplan s inside insights are fascinating. It is as if we get not only one of L.A. Law s best episodes, but also a lot of what is usually left on the cutting-room floor. - Booklist. Bookseller Inventory # BZE9780374524241

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Book Description Farrar, Straus Giroux Inc, United States, 1994. Paperback. Book Condition: New. Language: English . Brand New Book ***** Print on Demand *****.In this unprecedented look at the culture of American lawyering, Lincoln Caplan shows us Skadden s origins in the white-shoe postwar legal world and its rise to preeminence in the era of Drexel Burnham Lambert - the firm s largest client in the eighties. Skadden is revealed as a place that prizes opportunists but which also created a $10 million program to support public-interest lawyers. In Caplan s probing and even-handed account, the story of Joe Flom s firm illuminates an era in America business and society. Caplan s inside insights are fascinating. It is as if we get not only one of L.A. Law s best episodes, but also a lot of what is usually left on the cutting-room floor. - Booklist. Bookseller Inventory # APC9780374524241

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