It’s almost impossible to believe that the firm has only 15 partners and 55 lawyers; just drafting the Dexia, TIAA-CREF, and Countrywide complaints must have taken untold hours. But in an interview Friday, founding partner Berger told me Bernstein Litowitz is tiny by design. The firm doesn’t want to be a volume player, cranking out putative class actions every time a company’s share price tanks. It cultivates serious institutional investor clients and carefully picks its battles, Berger said. “We don’t want to bring every case,” Berger said. “And everyone here works incredibly hard.”
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