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“When I was a young man I had my doubts about institutions. But, as it happens, you grow up and come to think maybe they are not so bad. This is one of America’s great institutions.”Evan Chesler, head of litigation, Cravath Swaine & Moore

“Are they the best? They certainly think they are.”Managing partner, New York rival

There was little to suggest, when RM Blatchford founded his eponymous legal practice in 1819, that it would emerge 185 years later as arguably the most celebrated firm in the US commercial market.

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