Cadwalader, Wickersham & Taft Law Firm Profile

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Cadwalader, Wickersham & Taft LLP

  • Designation: New York
  • Head Count: 437
  • Gross Revenues: $481,500,000
  • Revenue Per Lawyer: $1,100,000
  • Profits Per Partner: $2,610,000
  • Year Over Year Change: -1

Cadwalader, Wickersham & Taft is a New York based law firm with 4 offices in the US and then offices in London, Beijing, Hong Kong, and Brussels. The firm ranked 66th on The American Lawyer's 2011 Am Law 100 rankings of U.S. law firms with $429,500,000 in gross revenue in 2010. Cadwalader, Wickersham & Taft has ranked in the top 75 of The American Lawyer's annual Am Law 100 rankings since 1986. In the 2011 Global 100 survey, the firm ranked as the 81st highest grossing law firm in the world. According to the National Law Journal's 2011 NLJ 250, the firm, with 481 attorneys, is the 84th largest in the United States. Cadwalader's practice areas include capital markets, financial restructuring, intellectual property, health care, real estate, and tax.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 64 -1 Gross revenue
Am Law 200 64 -1 Gross revenue
NLJ 250 101 -2 Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard 134 -14 Pro-bono commitment
Diversity Scorecard 113 -4 Minority head count
Midlevel Associates Survey 102 21 Job satisfaction
Summer Associates Survey 95 -2 Summer programs

In the News

'Troice' Has Important Risk Management Implications

Thao Do and James Walker : New York Law Journal : January 31, 2014

Thao Do and James Walker, partners at Richards Kibbe & Orbe, discuss (i) the implications of 'Troice' for third-party advisors with respect to aiding and abetting claims in class actions and (ii) how law firms can limit increased exposure to third-party liability.

The Churn: A Dechert Partner Decamps, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 22, 2014

A high-powered litigator leaves Dechert, more departures from Bingham McCutchen and a rare outside hire by Wachtell Lipton in our latest look at lateral moves from throughout The Am Law 200.

Movers

: The National Law Journal : January 21, 2014

New arrivals and lateral moves in this week's column.

Recognition for Lawyers

: New York Law Journal : January 18, 2014

The Managing Attorneys and Clerks Association Inc. has elected Maura McLoughlin as the association's next president; JAMS neutral Ariel Belen has received the 2014 Kobak Award; the Westchester Women's Bar Association has installed as its 22nd president Lucia Chiocchio, and other news.

The Churn: Baker and Quinn Expand, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 15, 2014

Baker & McKenzie heads to Brisbane, Quinn Emanuel Urquhart & Sullivan takes its litigation prowess to Houston and a trio of partners leave Kirkland & Ellis in our latest look at notable moves from throughout The Am Law 200.

Long-Running Disk Drive Patent Fight Winds Down

Jan Wolfe : The Litigation Daily : January 14, 2014

After 14 years of litigation, a billion-dollar patent and trade secrets case against Seagate Technology and Compaq (now Hewlett-Packard) may finally be over.

A Poorly Drafted Agreement Without a Termination Letter

Sue C. Jacobs : New York Law Journal : January 14, 2014

In her Professional Liability Insurance column for the New York Law Journal, Sue C. Jacobs discusses a legal malpractice action alleging that Cadwalader failed to properly draft an agreement and side letter and as a result, its client had to pay its investment advisor $10 million instead of $2 million in a dispute over fees earned in an acquisition.

A Poorly Drafted Agreement Without a Termination Letter

Sue C. Jacobs : New York Law Journal : January 11, 2014

In her Professional Liability Insurance column, Sue C. Jacobs discusses a legal malpractice action alleging that Cadwalader failed to properly draft an agreement and side letter and as a result, its client had to pay its investment advisor $10 million instead of $2 million in a dispute over fees earned in an acquisition.

The American Lawyer Chooses 2014 Global Legal Award Winners

Michael D. Goldhaber : The Am Law Daily : January 10, 2014

The American Lawyer unveils the 36 winners of its second annual Global Legal Awards. Four grand prizewinners—in Global M&A, Global Finance, Global Disputes and Global Citizenship—will be announced at the awards dinner on Sept. 15 at Gotham Hall in New York City.

Cadwalader Takes Corporate Inversions to Another Level

Brian Baxter : The Am Law Daily : January 09, 2014

Cadwalader, Wickersham & Taft may have found a way to help more U.S. companies use corporate inversions to lower their tax bills. Salix Pharmaceuticals has retained the firm, as well as Covington & Burling and leading Irish shop A&L Goodbody, for its $2.7 billion acquisition of patents to gastrointestinal drugs owned by an Irish unit of Italy's Cosmo Pharmaceuticals.

A Sure Bet

Jeanne Graham : Texas Lawyer : January 07, 2014

A lucky break turned into a great career move for Todd McTavish, senior vice president, general counsel and chief compliance officer of Multimedia Games Inc.

Dentons Hires Finance Partner in Hong Kong

Tom Brennan : The Asian Lawyer : January 03, 2014

Jeffrey Chen was formerly a partner at Cadwalader, Wickersham & Taft.

The Churn: Holland & Knight Hires Again, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 03, 2014

Only days after confirming the closure of its Abu Dhabi office to focus on the Americas, Holland & Knight has brought on an 11-strong team by raiding an energy boutique for half of its lawyers. The Am Law Daily looks at those hires and more new arrivals from throughout the Am Law 200.

July 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

Personal Notes on Lawyers

: New York Law Journal : January 30, 2014

Eight firms have added partners, while six others have added counsel.

The Churn: Bingham, Squire Make New Hires, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 24, 2014

Two Am Law 100 firms that have dealt with a high degree of lateral volatility in recent months—Bingham McCutchen and the newly formed Squire Patton Boggs—made hires this week, but also saw some partners leave. The Am Law Daily looks at those moves and others from around The Am Law 200.

Panel Affirms Ex-Client's Award Against Cadwalader

Brendan Pierson : New York Law Journal : January 23, 2014

A unanimous First Department panel affirmed a $17 million award Thursday in favor of a former Cadwalader, Wickersham & Taft client that sued the firm for malpractice.

Panel Affirms Ex-Client's Award Against Cadwalader

Brendan Pierson : New York Law Journal : January 20, 2014

A unanimous First Department panel affirmed a $17 million award Thursday in favor of a former Cadwalader, Wickersham & Taft client that sued the firm for malpractice.

Marketplace

Monica Paquette : New York Law Journal : January 18, 2014

RXR Realty has closed on the deal to acquire 61 Broadway for $330 million, after being in contract for about two months. Also, Delshah Capital has purchased an office building at 221 W. 17th St. for $26.4 million.

Net Losses Outweigh Gains at Firms

Christine Simmons : New York Law Journal : January 16, 2014

The number of attorneys employed full time by the largest private law offices in New York continues to decline, a trend that began with the 2008 financial crisis, according to data gathered for the New York Law Journal's annual survey. Hiring is up, however, among regional and out-of-state firms.

Scarpulla, Panelists Discuss Efficient Ways to Litigate

Suevon Lee : Commercial Litigation Insider : January 09, 2014

The newest judge to join Manhattan's Commercial Division told an audience of junior associates and other practitioners Friday that the key to greater efficiency in litigation is to be realistic, reach across the aisle early and work on getting clients "the best deal possible."

Texas' Top Deals of 2013

Brenda Sapino Jeffreys : Texas Lawyer : January 06, 2014

The following deals, involving at least one Texas-based company, were announced in 2013.

Texas' Top Deals of 2013

Brenda Sapino Jeffreys : Texas Lawyer : January 03, 2014

The following deals, involving at least one Texas-based company, were announced in 2013.

Another Form of Gender Equality

Vivia Chen : The National Law Journal : January 02, 2014

Who says you can't parlay your fancy law firm experience into a fun, fulfilling career? Male nannies and escorts in this week's column.

June 2014 Deals & Suits

: Corporate Counsel : January 01, 2014

The Churn: Squire Patton Boggs Fallout, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 30, 2014

Ex-Howrey Partners Agree to Pay Up

Julie Triedman : The American Lawyer : January 29, 2014

The defunct firm's trustee to recover $4.6 million from 60 ex-partners.

Big Deals

David Marcus : The American Lawyer : January 29, 2014

Novartis / Glaxo / Eli Lilly; TIAA-CREF / Nuveen; Mallinckrodt / Questcor; Blackstone / Gates

So Long, Sanders: Squire's Founding Partner Tossed in Tie-Up

Brian Baxter : The Am Law Daily : January 27, 2014

William Sanders is the latest legal luminary to see his name fall off the shingle of an Am Law 200 firm. Negotiations over new firm names have scuttled previous merger deals between large firms.

The Careerist: Ex-Cadwalader Lawyer Starts Escort Service

Vivia Chen : The Careerist : January 22, 2014

Two examples of how women are getting what they want.

Purchasers File Notice of Appeal in Chocolate Price-Fixing MDL

Zack Needles : The Legal Intelligencer : January 20, 2014

The chocolate price-fixing multidistrict litigation hasn't wrapped just yet. Nearly 20 supermarkets, pharmacies and wholesalers—including Safeway, CVS, Rite Aid and Walgreens—have appealed a Middle District of Pennsylvania judge's ruling tossing 91 price-fixing cases filed against Hershey, Mars and Nestle, the makers of three-quarters of America's chocolate.

The Churn: Kirkland Adds Two, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 20, 2014

Kirkland & Ellis poaches from Weil and Baker Botts, a White House rejoins Latham and more new hires across The Am Law 200.

Suit Over N.Y. Giants Memorabilia Sounds in Patent Law, Judge Says

David Gialanella : New Jersey Law Journal : January 16, 2014

A federal judge seemed inclined on Friday to keep a memorabilia dealer's lawsuit against the New York Giants in federal court based on a subset of claims alleging that the franchise stole marketing ideas from him.

The Churn: Squire Sanders Exits, Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 09, 2014

Amid their firm's ongoing merger talks with Patton Boggs, several Squire Sanders practice leaders find new professional homes.

Court Denies Arbitration Where Fraud is Claimed

Mark Hamblett : New York Law Journal : January 09, 2014

A physician and his medical practice accused of insurance fraud in post-accident testing cannot compel arbitration, the Second Circuit held Friday.

Howrey Trustee Racks Up Deals With Ex-Partners, Firms

Julie Triedman : The Am Law Daily : January 07, 2014

Allan Diamond raises more than $5 million by reaching settlements with four firms and 60 former partners.

Cadwalader Appeals $17M Malpractice Award Over Proxy Fight

Jan Wolfe : The Litigation Daily : January 06, 2014

The firm was socked with a $17.2 million damages bill this week, after a judge refused to toss legal malpractice claims brought by Washington Redskins owner Daniel Snyder. But Cadwalader's lawyers at Cravath immediately lodged an appeal, signaling that the 3-year-old case may be far from over.

2014 Rising Stars

: New York Law Journal : January 01, 2014

The New York Law Journal congratulates the 42 young lawyers chosen as 2014 Rising Stars by a panel of 20 esteemed judges. Our panel reviewed more than 230 nominations of attorneys 40 and under who have established a record of accomplishments and demonstrated that they are top contributors to the practice of law and their communities.

Big Suits

Mark Hamblett, Rebekah Mintzer, Saranac Hale Spencer, and Jan Wolfe : The American Lawyer : January 28, 2014

Chevron v. Donziger; Kahn v. M&F Worldwide; Chocolate Antitrust Litigation; Asahi Kasei Pharma v. Actelion

Am Law 100 Analysis: The Super Rich Get Richer

Aric Press : The American Lawyer : January 28, 2014

It was a middling year for most big firms, but the top 20 pulled away from the pack.

Judge Approves US Airways-American Airlines Merger Settlement

Zoe Tillman : Legal Times : January 25, 2014

U.S. District Judge Colleen Kollar-Kotelly in Washington on Friday approved a settlement between the U.S. Department of Justice and American Airlines and US Airways that will allow the airlines to proceed with their $11 billion merger.

Patrick Oot, Tom Baldwin Land New Jobs

Monica Bay : Law Technology News : January 24, 2014

Lots of career moves in law firms and vendor shops.

The Careerist: Only Women and Wimps Work Part-Time

Vivia Chen : The Am Law Daily : January 22, 2014

What the latest Yale Law Women's report on law firms really tells us.

The Careerist: 5 Rules When You're Divorcing a Big Law Partner

Vivia Chen : The Careerist : January 17, 2014

Lessons learned from the nasty divorce of a Cadwalader partner.

Gartner Ratchets Up Legal IT Research

Mark Gerlach : Law Technology News : January 17, 2014

The research and advisory company plans to release a number of reports on legal technology later this year.

Dealmakers of the Year: Christopher Cox, Cadwalader

Chris Johnson : The American Lawyer : January 15, 2014

Royalty Pharma's yearlong pursuit of drugmaker Élan may have been Ireland's nastiest corporate takeover battle ever.

Reed Smith's Homegrown Periscope Helps the Firm Navigate E-Discovery

Sean Doherty : Law Technology News : January 15, 2014

The Am Law 100 firm uses a Web-based tool to input data from kCura Relativity and multiple in-house systems, helping determine costs and direction for document review.

Verdicts & Settlements

: The National Law Journal : January 14, 2014

The Churn: Ten McKenna Partners Join Sheppard Mullin, Plus More Lateral Moves

Tom Huddleston Jr. : The Am Law Daily : January 08, 2014

Sheppard Mullin adds 10 McKenna Long partners in Southern California; three patent litigators land at O'Melveny; and Weil hires a Goldman Sachs restructuring specialist.

Economy, Bad Publicity Hurt Partner's Assets, Judge Rules

Christine Simmons : New York Law Journal : January 08, 2014

In a highly acrimonious divorce between a Cadwalader partner and his wife, the partner has been allowed to keep most of the value of his partnership interest as a judge found the wife's conduct during the divorce contributed to the decline of his business assets.

Cover Story: Dealmakers of the Year 2014

: The American Lawyer : January 31, 2014

A dozen attorneys who distinguished themselves with their work on the year's most notable transactions.

New Deals

Tom Huddleston Jr. and Brian Baxter : The Am Law Daily : January 27, 2014

Privately-held Swiss trading house Mercuria Energy Group has agreed to buy JPMorgan Chase's physical commodities trading unit in a deal worth $3.5 billion. Also, Media General announced Friday that it has agreed to acquire LIN Media LLC in a $1.6 billion cash-and-stock deal that, if completed, will create the second-largest local television broadcasting company in the country.

Giants, Manning Seek Dismissal of Suit Over Bogus Team Memorabilia

David Gialanella : New Jersey Law Journal : January 21, 2014

The New York Giants and quarterback Eli Manning are asking for dismissal of a sports memorabilia dealer's suit claiming that his business dealings with the team landed him in criminal trouble

The Am Law 100, the Early Numbers: Elite New York Firms Pull Away

Julie Triedman : The Am Law Daily : January 20, 2014

A year after making only slight financial gains, a group of New York–based firms made up of some of The Am Law 100's most profitable members put even more distance between itself and the rest of the pack in 2013, according to The American Lawyer's reporting.

Asia Deal Digest: March 20, 2014

Anna Zhang : The Asian Lawyer : January 20, 2014

* Alibaba confirms New York IPO with Simpson Thacher at the helm* Allen & Gledhill and WongPartnership on Temasek-led bid to acquire commodities trader Olam* Latham leads on Indian travel site's $126.5 million Nasdaq share offering

Cadwalader, Simpson Advise on JP Morgan Unit Sale

Tom Huddleston Jr. : The Am Law Daily : January 19, 2014

J.P. Morgan Chase is selling its physical commodities trading unit to Mercuria Energy Group for $3.5 billion. Cadwalader is advising Mercuria on the deal, while J.P. Morgan is being represented by Simpson Thacher.

The Score: March Madness Edition

Brian Baxter : The Am Law Daily : January 17, 2014

With the field set for the National Collegiate Athletic Association men's basketball tournament, others can agonize over their brackets. The Am Law Daily's focus is on the lawyers and law firms with ties to the NCAA and the nation's top college sports conferences.

More Ideas for Bridging the Board-Shareholder Gap

Hilary Johnson : The American Lawyer : January 16, 2014

The Conference Board weighs in with its recommendations for how corporate boards and shareholders should communicate with one each other.

Labor & Employment

: New York Law Journal : January 10, 2014

In this Special Report from the New York Law Journal: "Achieving a Work Environment Free of Cyber Bullying," "Issues With Self-Destructing Messages in the Workplace," "Developing Social Media Policies That Survive NLRB Scrutiny," "Beware the Risks of Using Social Media During Recruitment" and "Social Media: Changing the Face of Employment Law."

Issues With Self-Destructing Messages in the Workplace

Peter Isajiw and John Vazquez : New York Law Journal : January 10, 2014

Peter Isajiw and John Vazquez of Cadwalader, Wickersham & Taft write: The convenience of electronic communication comes with some costs: Email's persistence and ease of duplication mean that once a message has been sent, the author loses all control over it. Encouraged by Snapchat's success, several recently launched apps aim to bring "self-destructing" messages to a more business-minded user demographic.

Privilege and Work Product Doctrine: Noteworthy Developments

Adam S. Lurie, Lambrina Mathews and Salvatore N. Astorina : New York Law Journal : January 05, 2014

Adam S. Lurie, Lambrina Mathews and Salvatore N. Astorina of Cadwalader, Wickersham & Taft, review some of the significant decisions of the past year concerning the attorney-client privilege and the work product doctrine, and practices to consider in the wake of such decisions.

Federal Court To Hear Suit Accusing Giants of Dealing Bogus Sports Gear

David Gialanella : New Jersey Law Journal : January 03, 2014

A lawsuit by a sports memorabilia dealer who allegedly received bogus items from the New York Giants, quarterback Eli Manning and others in the team has been sent to federal court.

The Am Law 100, the Early Numbers: Cadwalader Revenues Tick Up While PPP Drops

Julie Triedman and Christine Simmons : The Am Law Daily : January 03, 2014

Attributing the dip to delayed payments and to market volatility, Cadwalader posted a slight decline in profitability last year. But revenues were up for a third straight year.

The Am Law 100, the Early Numbers: O'Melveny Sees Declines as Large Success Fees Ebb

Drew Combs : The Am Law Daily : January 03, 2014

O'Melveny & Myers posted declines among key financial indicators in 2013, with gross revenue at the firm falling 10 percent, to $733.5 million, according to The American Lawyer's reporting.

Chocolate Makers Unwrap Victory in Federal Court

Saranac Hale Spencer : The Legal Intelligencer : January 28, 2014

The makers of three-quarters of America's chocolate—Hershey, Mars and Nestle—got a federal judge in Harrisburg, Pa., to toss 91 cases claiming that the companies fixed prices between 2002 and 2007.

US Steel Brings In an Iron-Tough General Counsel

Rebekah Mintzer : Corporate Counsel : January 28, 2014

Suzanne Rich Folsom has moved into the United States Steel Corporation legal department as general counsel and senior vice president–government affairs.

Corrections

: New York Law Journal : January 19, 2014

Court Tosses Claim of Malpractice Against Cadwalader

Brendan Pierson : New York Law Journal : January 18, 2014

Cadwalader Wickersham & Taft has won dismissal of a claim that it committed malpractice by failing to give appropriate advice to a Japanese asset management firm about a mortgage securitization, though it must still face a claim that it failed to do due diligence.

Court Tosses Claim of Malpractice Against Cadwalader

Brendan Pierson : New York Law Journal : January 14, 2014

Cadwalader Wickersham & Taft has won dismissal of a claim that it committed malpractice by failing to give appropriate advice to a Japanese asset management firm about a mortgage securitization, though it must still face a claim that it failed to do due diligence.

The Score: Paul Weiss Drops Wells Report, Helps Client Buy Easton

Brian Baxter : The Am Law Daily : January 14, 2014

Roughly a year after reaping $3.6 million to conduct an internal investigation of the NBA players' union, Paul, Weiss, Rifkind, Wharton & Garrison litigation partner Ted Wells released Friday the results of his inquiry into the Miami Dolphins bullying imbroglio. Wells' firm also took the lead this week counseling a client on its $330 million acquisition of struggling Easton-Bell Sports' baseball and softball business. Meanwhile, Davis Polk and Covington, respectively, helped Comcast and the NFL ink a pair of major TV rights deals.

Cadwalader Faces Narrowed Malpractice Claim Over Nomura Advice

Jan Wolfe : The Litigation Daily : January 13, 2014

With a long-awaited trial on the horizon, Cadwalader, Wickersham & Taft persuaded an appeals court to trim a $70 million malpractice suit brought by former client Nomura Asset Capital Corp., a sponsor of mortgage-backed securities.

The Lateral All-Stars

Hillary Flynn, Tom Brennan, Chris Johnson and Jan Wolfe : The American Lawyer : January 03, 2014

The most high-profile lateral partner moves of 2013.

Am Law 200 Firms Stake Claims in Houston

Ross Todd : The American Lawyer : January 03, 2014

Drawn by the oil and gas boom, plenty of other firms have followed Latham's lead into Houston.