Law Firms
Responding to merger talks claim, Cadwalader says ‘we regularly evaluate our strategy,’ but finances are strong
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. (Photo from Shutterstock)
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.
But the firm “has kept hold of its core profitable practices, including its structured finance and other corporate practices,” the article reports.
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