Lobbying Loot

In yet another sign of how omnipresent government is in the economy and thus how lucrative having access to and influencing policymakers is, the law firm of Cravath Swaine & Moore just hired David Kappos, departing Director of the US Patent and Trademark Office, and last year hired Christine Varney former Assistant Attorney General. They are two of only four outsiders to make partner in 50 years.