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NewsScandal-hit Spitzer faces wait for law firm role
Topics | 2008/03/13 14:32
pSo what will Eliot Spitzer do next, assuming he escapes criminal prosecution and disciplinary sanction following his alleged involvement with a high-end prostitution ring? If he follows the example of his three living predecessors as governor, he will join a law firm. /ppGeorge Pataki last year joined Chadbourne amp; Parke as a counsel in the environmental practice, and Mario Cuomo has long hung his hat at Willkie Farr amp; Gallagher. Hugh Carey survived the 1987 collapse of Finley Kumble Wagner Underberg Manley Myerson amp; Casey and is now a partner in the Manhattan office of Harris Beach./ppBut Spitzer's reasons for resigning office mark him as something of a different candidate. /ppIt matters how you leave, said the chairman of one large New York firm who asked to remain unnamed. /ppFormer governors and other prominent political names generally have a cachet with clients that makes them attractive to firms, he said, but the scandal forcing Spitzer out of office may have exhausted the current governor's quotient of good will. /ppHe would need to rehabilitate himself first, agreed the managing partner of another large New York firm who also requested anonymity. It would probably be a year or more before any firm would even consider bringing the soon-to-be ex-governor aboard, the partner said. He's radioactive in this environment, he added.
/p


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