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Cadwalader profits plunge 30% as revenue dips 14%

Author: Nate Raymond in New York

13 Jan 2009 | 14:45

Cadwalader Wickersham & Taft has confirmed that its partner profits fell by more than 30% in 2008, as the firm unveils results that will be viewed as a bellwether for the US legal market. Cadwalader's profits per equity partners fell to $1.88m (£1.24m), down from $2.725m (£1.8m) in 2007, while rev ...

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