Outliers: The Story of Success · chapter 5 · id outliers-c5-04-skadden-arps-was-founded-in-19

“Skadden Arps was founded in 1948 by Marshall Skadden, Les Arps, and John Slate as a small, unglamorous firm. Flom joined in 1948 and became a named partner in 1954, eventually transforming the firm into a mergers-and-acquisitions powerhouse by the 1970s-80s.”

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Wikipedia: Skadden, Arps, Slate, Meagher & Flomsource alive

The firm was founded in 1948. Joe Flom joined as a young associate and became partner in 1954. By the 1980s, the firm had become one of the largest and most profitable law firms in the world.

Wikipedia: Joseph Flomsource alive

Flom began working on mergers and acquisitions in the early 1970s when most New York law firms did not, and by the early 1980s was among the dominant figures. By the 1980s, he had acquired a reputation of being 'Mr. Takeover.'

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