Cadwalader has hired 75 attorneys in 2025 and expects revenue exceeding $600 million, anticipating one of its best financial years. The firm says it regularly evaluates strategy to capitalize on market-leading strengths and that it has been approached by many top-tier firms for years. The firm states it remains in a very strong financial position and confident in its stand-alone strategy. Cadwalader lost 37 lawyers to Orrick, Herrington & Sutcliffe in October and partner groups to Proskauer Rose and Sidley Austin in 2025. The firm retains core profitable structured finance and other corporate practices.
"Cadwalader, Wickersham & Taft told Law.com that it has hired 75 attorneys in 2025 and expects to have one of its best financial years in history with expected revenue of more than $600 million. Law.com contacted Cadwalader after legal industry sources said it is in merger talks with several top-grossing law firms. But a firm spokesperson told the publication that merger suitors aren't unusual."
""As every top firm does, we regularly evaluate our strategy to further capitalize on our market-leading strengths for our clients. We have been approached by many top-tier firms for years, and that continues," the spokesperson said. "The firm is in a very strong financial position and remains confident in our stand-alone strategy." Cadwalader lost 37 lawyers to Orrick, Herrington & Sutcliffe in October. The firm also lost partner groups in 2025 to Proskauer Rose and Sidley Austin."
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