Innovative Managing Partner: Cravath's Evan Chesler

Law360, New York (June 22, 2010, 7:05 PM EDT) -- Evan Chesler has used his position as presiding partner at Cravath Swaine & Moore LLP to lead a crusade to “kill the billable hour,” earning himself a place on Law360's list of Most Innovative Managing Partners.

In January 2009, Chesler, who took over the managing partner job at Cravath in 2007, penned a full-page article for Forbes Magazine provocatively titled “Kill the Billable Hour,” in which he argued that the billable hour makes no sense — even for lawyers.

The article noted that under the billable-hour...
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