Will the real Cadwaladers please stand up
Playing to your strengths is one thing, but this year's comeback kings still have plenty of challenges ahead
September 17, 2003 at 08:03 PM
3 minute read
By any standard it has been a remarkable recovery. Three years ago Cadwalader Wickersham & Taft's City arm was held in many quarters as a textbook example of aggressive US invaders misjudging and floundering in the competitive London market.
Despite launching in 1997 with a group of credible up-and-comers, by 2000 defections had left a practice heavily reliant on rising insolvency star Andrew Wilkinson.
Matters were further aggravated by the slower-than-expected stream of US referrals, difficulty in attracting senior UK lawyers and a distant relationship between London and Manhattan HQ.
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