Morgan Stanley has hired longtime Cravath, Swaine & Moore partner Francis Barron as its chief legal officer. The move makes Barron, a 32-year Cravath veteran, the third partner to leave the firm for an in-house job in the last three months, according to our prior reporting.

Barron will succeed Gary Lynch as Morgan’s chief legal officer, according to a press release issued by the bank. Lynch will remain at the bank as a vice-chairman.

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