The Anointed

New York's White Shoe Law Firms—How They Started, How They Grew, and How They Ran the Country

Published by Lyons Press
Distributed by Simon & Schuster

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About the Book

This is the story of how and why such powerhouse Wall Street law firms as Cravath, Swaine & Moore, Davis Polk & Wardwell, and Sullivan & Cromwell, grew from nineteenth-century entrepreneurial origins into icons of institutional law practice; how, as white-shoe bastions with the social standards of an exclusive gentlemen’s club, they promoted the values of an east coast elite; and how they adapted to a radically changed legal world, surviving snobbish insularity and ferocious competition to remain at the pinnacle of a transformed profession.

It is no accident these firms are found in New York, the largest city in the world’s largest economy and also the nation’s largest port, principal banking center, and epicenter of industry. At the dawn of the twentieth century, linked by canals, railroads, telegraph and telephone lines, transatlantic steamships and undersea cables, New York became the economic nerve center of the United States. It also wielded formidable political power and supplied every President or Vice President of the United States between the Civil War and the Great War.

About the Authors

Product Details

  • Publisher: Lyons Press (March 16, 2021)
  • Length: 256 pages
  • ISBN13: 9781493056330

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Raves and Reviews

The Anointed shows evidence of a great deal of research, and the subject is fascinating... The authors’ central (if implicit) point is a good one. The old era was ruled by loyalty and social connections. The profit motive that replaced it may have been crass, but it imposed a welcome regime of merit.

– The Wall Street Journal

The authors turn the evolution of law over the century into a lively history, with accounts of fighting the New Deal and in-house disagreements over working with Nazis. Those looking for a shrewd inside take on elite law firms will find this brings the goods.

– Publishers Weekly

The one hundred and eighty-two pages rigorously researched book is loaded with insightful references that give readers a complete picture of the rise of the White-Shoe New York law firms and their immense influence on society.

– Book Pleasures

Lambert ’59 and Stewart chronicle the rise of the nation’s most enduring law firms, all situated in Manhattan: Sullivan & Cromwell, Cravath, Swaine & Moore, Davis Polk & Wardwell, and their ilk. The Anointed renders unsparingly the elite milieu in which the firms’ founders — white, male, Protestant, and well pedigreed — worked, lived, and strove with and against one another.

– Yale Law Journal

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