Steven Eckhaus is joining Cadwalader Wickersham & Taft LLP. Eckhaus leaves Katten Muchin Rosenman LLP after five years where he chaired the executive employment practice, according to the WSJ. Eckhaus has experience negotiating banker pay packages. Today’s Q2 earnings report showed that the Bank of America’s net income rose by 63%. In light of such profit increases, it is logical that employees need an advocate to help them achieve what they may perceive as a more equitable pay, especially in light of the increased profitability of their firm. In that sense, Steven Eckhaus seems to be well met for the times.
Cadwalader, Wickersham & Taft LLP is one of the oldest continuously operating law firms in the United States, since 1792. The firm is highly rated by Chambers and Partners in the areas of competition law and antitrust, capital markets, bankruptcy, real estate, insurance, and income tax. Cadwalader, Wickersham & Taft LLP has offices across the United States, Asia as well as Europe and the UK.
During his career Mr. Eckhaus has represented many prominent Wall Street executives and has brokered deals worth more than $5 billion. Among the notable names of Wall Street, Steven Eckhaus counts among his clients, the head of the New York Stock Exchange and Morgan Stanley’s President of Wealth Management.
Cadwalader chairman Christopher White commented, “Steven is an outstanding lawyer who has attracted a following among some of the best companies in America and their senior executives.” Other colleagues from Katten Muchin Rosenman LLP will also move on to Cadwalader. The WSJ reports that Cadwalader leadership stated that the addition is a strategic move intended to benefit the firm’s corporate department. “Our corporate and financial services sector clients will undoubtedly benefit from Steve’s unparalleled depth of experience and strategic insight.”
Steven Eckhaus will head Cadwalader’s executive compensation and benefits practice. He commented, “I have long admired Cadwalader’s reputation as a top tier highly focused firm with depth of expertise in the financial services and corporate sector.”
