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At Cravath, we hire only the top students from the nation’s finest law schools, we train our associates through a rigorous rotation of practices, we elevate partners exclusively from within and we compensate partners in a lockstep system throughout their careers. The Cravath model has been adopted by many prominent law firms and consulting firms. While some firms have abandoned the model over time to promote lateral growth and global expansion, we have not. Consistent with our traditional focus on long‑term relationships with our clients, we seek always to provide excellence in client service, without regard to short‑term profit. We believe that maintaining a true partnership of the most talented and broadly trained lawyers is the most effective manner of handling our clients’ legal issues, business transactions and disputes.