Steve Wolosky Quoted in New York Law Journal on Olshan’s Collaborative Management Structure
The New York Law Journal quoted Steve Wolosky, co-chair of the Activist & Equity Investment and Corporate/Securities Law practices, on Olshan’s shared management configuration. Ninety attorneys strong, Olshan’s executive committee is its chief decision-making entity, while two co-administrative partners oversee daily operations, a leadership approach which, detractors of the arrangement claim, fosters dissent but which Mr. Wolosky maintains is key to Olshan’s longevity and success: “I’ve been here since 1986 and I don’t remember a single argument since I’ve been here.” “Many of our competitors are out of business,” he adds. “We’ve managed to go from the first generation to the second generation and now we’re going to the third generation and so it must work for us.” Ultimately, Olshan’s venerable progress, spanning over fifty years, can be attributed, Mr. Wolosky says, to the harmoniousness of the firm’s culture: “We have a cohesive firm where people really enjoy working with each other. Why change the methodology if it works?”
You can read Mr. Wolosky’s January 24th New York Law Journal interview, “Small Enough to Be Cost-Effective, Big Enough to Handle Complex Transactions” here.