Cadwalader sees profits soar amid revenue and headcount decline; reaffirms London ambitions

PEP jumps nearly 20% to $2.5m against 10% revenue dip and 15% reduction in lawyer numbers

Cadwalader, Wickersham & Taft grew its equity partner profits nearly 19% last year, in what the firm called a “validation” of its refocused strategy on a core client base of Wall Street banks, funds and corporations.

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