Cravath elects first female presiding partner

Cravath Swaine & Moore’s 89 partners have elected the firm’s first female presiding partner, Faiza Saeed, to succeed C Allen Parker, according to a person close to the firm.

Saeed, the firm’s M&A co-head, was named one of the best women lawyers under 45 in a 2011 issue of The American Lawyer highlighting a new generation of female rainmakers.

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