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Cadwalader, Wickersham & Taft is laying off 35 attorneys due to what it calls "unexpected and persistent volatility" in financial markets sectors. The layoffs at Cadwalader signal some of the most significant fallout at a law firm thus far from a downturn in capital markets legal work due to ramifications from the subprime mortgage collapse.
January 11, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
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