Home

Cadwalader and the Crystal Ball
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

When the clock strikes midnight on December 31st and 2009 is rung in, don’t expect to see Cadwalader lamenting over the passage of time. By all accounts, Cadwalader has had a terrible year. Not only have they laid off an incredible amount of associates – many of whom remain unemployed – in two rounds of layoffs, but they have recently been hemorrhaging partners. Just this week, another partner departure was announced. Francis Seraboli, a healthcare partner, is joining Greenberg Traurig. Three other partners have also announced their departures. Hmmm . . .

Clearly, Cadwalader must be on the lookout for fresh partner talent to bolster their financials. Query who, with a vibrant book of business, would join them? Thelen, anyone? In the year before its demise, Thelen was recruiting partners. Is this a case of deja vu?

Believe me, 2009 promises to be an interesting year for Cadwalader. Do you think that the firm will survive to ring in 2010? Keep on the lookout for defecting partners – that is a good key to the financial health of any firm and its prospects for a prosperous future.

  
What
Where


I wonder what the 131 laid-off associates think about this predicament. Schadenfreude perhaps?

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking a mid-level litigation attorney with experience taking/defending dep...

Apply Now

Mid-level Litigation Attorney

USA-CA-San Francisco

San Francisco office is seeking a support attorney with some experience/familiarity with a litigatio...

Apply Now

Trust and Estate Attorney

USA-NY-New York City

Boutique trust and estate firm is seeking an attorney with 7+ years of experience. Candidate should ...

Apply Now

Business Litigator with 3-4 Years of Experience

USA-CA-El Segundo

Los Angeles office is seeking a class of 2014-2015 business litigator. Insurance coverage experience...

Apply Now

RELEVANT JOBS

Senior Paralegal

USA-NJ-Red Bank

*MUST HAVE CURRENT PARALEGAL EXPERIENCE (ZONING/ LAND USE PREFERRED) Red Bank, New Jersey law ...

Apply now

Chemistry Prosecutor

USA-MA-Boston

Cesari and McKenna, LLP is seeking a Patent Attorney with a MS or PhD in Chemistry with at least two...

Apply now

Associate - Insurance Coverage D&O Group

USA-NY-Valhalla

Defense firm seeking junior insurance coverage associate with strong analytical and writing skills f...

Apply now

Hotline & Training Managing Attorney (IMMIGRATION)

USA-NY-New York City

The Hotline & Training Services Managing Attorney will guide, develop, and supervise the Hotline sta...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top