Cadwalader, Wickersham & Taft: Storied Law Firm Pays Brutal Price for Surrendering to Trump [View all]
Source: The Daily Beast
Storied Law Firm Pays Brutal Price for Surrendering to Trump
Janna Brancolini, Tom Sanders
Fri, December 19, 2025 at 1:03 PM EST 2 min read
A storied Wall Street law firm that hemorrhaged talent after bending the knee to President Donald Trump has announced plans to merge with a much larger firm in a bid to save its practice.
Cadwalader, Wickersham & Taft had been actively looking for a merger partner after many of its top attorneys left over the firm’s decision to pledge $100 million in pro bono work to support the president’s priorities, The Wall Street Journal reported.
Last spring, the president signed a series of executive orders stripping attorneys from certain firms of their security clearances, limiting their access to government buildings, and terminating government contracts with the firms.
While some firms like Cadwalader made deals with the administration to avoid a similar punishment, others fought the orders and won big in court, adding to the humiliation of the capitulating firms.
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Read more: https://finance.yahoo.com/news/storied-law-firm-pays-brutal-180330522.html
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