Cadwalader Profits per Partner Increase By 28%
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Cadwalader, Wickersham & Taft reported a 28% increase in profits per partner for 2009, marking the first per partner increase for the firm since 2007. However, this increase may be attributed to an almost 21% loss in the number of equity partners in the firm and massive associate layoffs. Cadwalader had 61 equity partners at the end of August 2009, compared to 77 a year earlier.

Gross revenue dropped 10% while net icome increased 1.38% to $147 million. The firm reported gross revenue of $456.5 million for 2009. In 2008 the firm announced the layoffs of 131 associates. In early 2009 a further 25 lawyers received layoffs and in July 2009 34 lawyers were offered a one-year sabbatical. Cadwalader reported 457 lawyers at the end of August 2009, down 12.6% from a year earlier when they had 523.

Cadwalader, Wickersham & Taft was founded in New York City in 1792 and is one of the worlds leading financial law firms. Its practice includes the areas of capital markets, bankruptcy, real estate, insurance and income tax. It has offices located in New York, London, Washington, D.C., Charlotte and Beijing.



Interesting Legal Sites You May Like




Search Now

Mid-level Litigation Attorney with motions experience


Seattle office of our client seeks mid-level litigation attorney with 3-5 years of experience, inclu...

Apply Now

Environmental /Land Use Attorney with 2-3 years of experience

USA-CA-San Francisco

San Francisco office of our client seeks environmental /land use attorney with 2-3 years of experien...

Apply Now

Litigation Attorney with 2-5 years of insurance defense experience


Jacksonville office of our client seeks litigation attorney with 2-5 years of previous insurance def...

Apply Now

Land Use, Zoning Attorney with 2-6 years of real estate experience


Fishkill office of our client seeks land use, zoning and development attorney with 2-6 years of comm...

Apply Now


Corporate / Commercial Attorney | Lebanon, NH


Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Business Law Junior Associate | Burlington, VT


Downs Rachlin Martin seeks associate attorney with 1-3 years of experience to join its Commercial an...

Apply now

Business Law Associate | Burlington


Downs Rachlin Martin is seeking an attorney with 4 to 8 years of experience to join its very busy pr...

Apply now

Litigation Associate

USA-NY-New York City

Midtown Manhattan litigation boutique with diverse civil litigation practice seeking associate with ...

Apply now

Most Popular


To Top