Cravath System
The Cravath System is a set of business management principles developed at Cravath, Swaine & Moore in the 19th Century. It has been partially adapted by most large law firms and consulting agencies.
System
Swaine lays out the fundamentals of the Cravath System in the beginning of Volume 2 of the history of the Cravath Firm.
See also
Lockstep compensation
Up or out
References