As we mentioned on Friday, in discussing a retired partner’s messy divorce from a European beauty, Wachtell Lipton is one of the country’s most prestigious and most profitable law firms. Its partners make millions — even years after they have left the firm.
In the new Vault practice group rankings, the M&A powerhouse came out on top in the area of general corporate practice. Was Wachtell’s #1 ranking justified?
The folks over at Law Shucks don’t think so — and, despite my loyalty to my former firm, I see their point. Wachtell is a great firm, but its small size precludes it from being all things to all people. It’s a high-end boutique, not a superstore.
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Check out the complete “Wachtell is overrated” argument over at Law Shucks.
General Corporate – Wachtell is Overrated [Law Shucks]