Cravath, Swaine & Moore has elected a deputy presiding partner. Corporate partner C. Allen Parker will become the elite firm’s second-in-command on Jan. 1, 2007, at the same time Evan R. Chesler will succeed Robert D. Joffe as presiding partner.

The naming of a deputy presiding partner at this juncture is an unusual step for Cravath, which has traditionally reserved that position for those slated to succeed the presiding partner within roughly a year.

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