Outliers: The Story of Success · chapter 5 · id outliers-c5-01-jewish-lawyers-in-1950s-60s-ne
“Jewish lawyers in 1950s-60s New York were excluded from elite WASP law firms, forcing them into 'undesirable' work like hostile takeovers and litigation, which became enormously lucrative when the M&A boom hit in the 1970s-80s.”
holdsconfidence: high⚠ extracted by pipeline, re-audit pending
Receipts
Auerbach (1976), Unequal Justice: Lawyers and Social Change in Modern America, Oxford University PressDOI registry: valid
The established white-shoe firms of mid-century New York (Cravath, Sullivan & Cromwell, etc.) discriminated against Jewish, Catholic, and minority lawyers, channeling them into practice areas considered beneath the elite firms.
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