Law Firms
Lawyer Trainees at Cadwalader’s London Office Won’t Get Job Offers
Cadwalader Wickersham & Taft won’t be making job offers to three trainees at its London office who are due to qualify in March 2009.
Cadwalader is one of the city’s first leading law firms to inform trainees that they won’t get a permanent job, Legal Week reports.
The law firm said it made the decision because of poor market conditions, but partners there have said it’s not true that annual profits will drop by more than 50 percent, the story says. The firm plans to continue to recruit trainees.
Cadwalader has laid of 131 associates this year and its partners have moved to oust managing partner Robert Link Jr. from his leadership post.
