Cadwalader Increases Profits Per Partner By Losing Many A Partner

Cadwalader, Wickersham & Taft has had its profits per partner increase by 28 percent. This increase is due to the firm loosing 21 percent of its equity partners. In fact, Cadwalader’s total revenue was 10 percent lower than the year before. In 2009, the firm made a gross revenue of $456.5 million, exactly 9.78 percent less than 2008’s gross revenue.

Source:  www.amlawdaily.typepad.com