White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century By John Oller

Mobi White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century with FREE PDF EDITION Download Now!

Name: Mobi White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century with FREE PDF EDITION
Rating: 10 (1544 reviews)
Author: John Oller

Books,History,Americas White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century John Oller

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Mobi White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century with FREE PDF EDITION Download Now!

The fascinating true story of how a group of visionary attorneys helped make American business synonymous with Big Business, and Wall Street the center of the financial world“Entertaining.”—The Wall Street Journal • “Fast-paced history.”—Library Journal • “Insightful and revealing."—Kirkus • “Captivating.”—BookPage The legal profession once operated on a smaller scale—folksy lawyers arguing for fairness and justice before a judge and jury. But by the year 1900, a new type of lawyer was born, one who understood business as well as the law. Working hand in glove with their clients, over the next two decades these New York City “white shoe” lawyers devised and implemented legal strategies that would drive the business world throughout the twentieth century. These lawyers were architects of the monopolistic new corporations so despised by many, and acted as guardians who helped the kings of industry fend off government overreaching. Yet they also quietly steered their robber baron clients away from a “public be damned” attitude toward more enlightened corporate behavior during a period of progressive, turbulent change in America. Author John Oller, himself a former Wall Street lawyer, gives us a richly-written glimpse of turn-of-the-century New York, from the grandeur of private mansions and elegant hotels and the city’s early skyscrapers and transportation systems, to the depths of its deplorable tenement housing conditions. Some of the biggest names of the era are featured, including business titans J. P. Morgan and John D. Rockefeller, lawyer-statesmen Elihu Root and Charles Evans Hughes, and presidents Theodore Roosevelt, William Howard Taft, and Woodrow Wilson. Among the colorful, high-powered lawyers vividly portrayed, White Shoe focuses on three: Paul Cravath, who guided his client George Westinghouse in his war against Thomas Edison and launched a new model of law firm management—the “Cravath system”; Frank Stetson, the “attorney general” for financier J. P. Morgan who fiercely defended against government lawsuits to break up Morgan’s business empires; and William Nelson Cromwell, the lawyer “who taught the robber barons how to rob,” and was best known for his instrumental role in creating the Panama Canal. In White Shoe, the story of this small but influential band of Wall Street lawyers who created Big Business is fully told for the first time.

At this time of writing, The Ebook White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century has garnered 9 customer reviews with rating of 5 out of 5 stars. Not a bad score at all as if you round it off, it’s actually a perfect TEN already. From the looks of that rating, we can say the Ebook is Good TO READ!

Mobi White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century with FREE PDF EDITION!

From the last several decades of the 19th century, through the first three decades of the 20th century, major transformations occurred in American industry. Small manufacturers were replaced by giant corporations, including U.S. Steel, American Tobacco, Westinghouse, and Standard Oil to mention just a few. As these corporations and some related "trusts" grew in economic power, the federal government had to enlarge itself to deal with them. This response included major antitrust and regulatory activity, such as represented by Teddy Roosevelt. As a result of these developments, the legal profession underwent its own transformation, most notably through the appearance of the Wall Street law firms, who came to exercise tremendous legal and political power in representing their clients. The nature of practice changed, in that these "business lawyers" worked to keep their clients out of court while they mixed law with business practices. This interesting book discusses the development and activities of these early major law firms.The author has chosen to tell the story by focusing on many of the key legal players and their firms. So the reader learns a great deal about William Nelson Cromwell, Paul Cravath, Charles Evans Hughes, Elihu Root, Francis Lynde Stetson, George Wickersham, Samuel Untermyer, and John Foster Dulles among others. Each lawyer is discussed within the context of one of his major cases or business projects. For example, Cromwell played the major role in successfully backing the Panama Canal route over that of Nicaragua, and persuading the U.S. government to put up the funds to complete the canal the French had begun. Sometimes, however, these lawyers led investigations of the corporations that they usually represented. Untermyer, for example, led the Pugo Committee investigations of the supposed "money trust" and got to cross-examine J.P. Morgan. Hughes (on his way to becoming Governor, Supreme Court Justice, and presidential candidate) led a NY state investigation of the insurance industry; Wickersham served as Taft's Attorney General and instituted more antitrust cases than even TR had.The author follows the lawyers as they get involved in World War I and its aftermath. Cravath extensively visited the French front on several occasions, and John Foster Dulles first became involved in international diplomacy when he participated in the extensive negotiations regarding the German war debt. Other lawyers became involved in the fight over Wilson's proposed League of Nations. In an Epilogue chapter, the author traces the later careers of many of these Wall Street titans.To be sure, this was an interesting group of folks who pioneered this new role for lawyers. The book runs some 312 pages of text, with an additional 90 pages of notes and a selected bibliography. I found the discussion of Paul Cravath particularly interesting, as he created the American law firm we have today (and in which I practiced). The practice of law has changed in many ways since the days of Cravath, but it was he who got the wheels rolling and the book gives the reader an insight into today's law firm practice which is very helpful.

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Mobi White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century with FREE PDF EDITION Download Now!

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Mobi White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century with FREE PDF EDITION Download Now!

Mobi White Shoe: How a New Breed of Wall Street Lawyers Changed Big Business and the American Century with FREE PDF EDITION!

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