Come May 19, Cadwalader, Wickersham & Taft will host 58 summer associates, down from 101 in 2007. While the reduction comes at a time when the firm is hurting from the market crunch -- it laid off 35 attorneys in January -- the hiring committee's Paul Mourning says the decision has nothing to do with the economy and everything to do with retention. "We made a decision in spring 2007 that we would consciously shrink the summer program so we could improve the experience of summer associates," Mourning says.
Smaller Summer Class for Cadwalader
The American Lawyer
May 6, 2008