A Book with Legs cover image

John Oller - White Shoe

A Book with Legs

CHAPTER

Law, Power, and History: Wall Street's Legal Evolution

This chapter examines the development of major Wall Street law firms from the late 19th to early 20th centuries, highlighting key historical figures and pivotal legal battles such as the War of Currents. It details the contrasting approaches to law practice, the founding principles of the Cravath system, and the rise of specialized legal expertise in corporate settings. Additionally, it explores significant mergers and legal innovations that reshaped corporate structures and their implications on federal antitrust laws.

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