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White-Shoe Firm
(redirected from White-Shoe Firms)

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White-shoe firm
Broker-dealer firms that disdain practices such as hostile takeovers.
White-Shoe Firm
Informal; a broker-dealer that does not engage in hostile takeovers on principle. That is, white-shoe firms believe hostile takeovers to be an unfair business practice.
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Protected pockets of "Jewish "practice areas The white-shoe ethos and a desire to distance themselves from the lower ranks of the New York bar led the white-shoe firms to stay clear of low-status and otherwise "unbefitting" practice areas such as litigation, bankruptcy law, hostile takeover law, and real estate law.
The rise and fall of the WASP and Jewish law firms by Wald, Eli / Stanford Law Review
Jeff Nahley, head of Avondale's investment banking group commented, "Our ability to attract top talent from a number of nationally recognized white-shoe firms confirms the appeal of our business model and Avondale's growing reputation in this industry.
Morphett and Griscom Join Avondale Partners as Managing Directors by Business Wire
 
 
 
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