Cadwalader offices in Washington, D.C. (Photo: Diego M. Radzinschi/ALM)
The profit surge comes as Cadwalader closed its Brussels office and saw another down year in London office revenue.
February 11, 2020 at 03:15 PM
1 minute read
Cadwalader Wickersham & Taft’s profits shot up last year, hitting $3 million in average profits per equity partner, a stronger performance than 2018.
Cadwalader’s gross revenue grew 9.1%, hitting $459 million last year. With a higher profit margin at the firm, net income grew much faster, rising 18.7% to $138.4 million, helping to push up profits per equity partner by 11%.
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