Vault Guide to the Top 100 Law Firms, 2018 Edition.pdf

To set itself apart from the competition by offering

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to set itself apart from the competition by offering benefits such as sabbaticals to attorneys after five years of practice. IN THE NEWS May 2017 ¡Hola Puerto Rico! Cadwalader is representing Assured Guaranty in connection with Puerto Rico’s restructuring of approximately $73 billion of outstanding bond debt, the largest-ever U.S. municipal debt restructuring and the first bankruptcy of any U.S. territory. Assured is the largest creditor of Puerto Rico. April 2017 Not So Taxing The firm was named Foreign Tax Planning Firm of the Year–USA as part of the 2017 Finance Monthly Law Awards. The awards recognize and celebrate excellence across the increasingly diverse and dynamic tax industry, highlighting its impact and importance. February 2017 Clean Sweep Cadwalader is ranked at the top of all three—Global, US, and European—Creditflux CLO Arranger Counsel tables for 2016. The firm is also ranked among the leading Manager Counsel in all three geographic categories, reflecting its market-leading transatlantic position. January 2017 A Dynastic Run Cadwalader is again ranked as the number one law firm advising issuers and underwriters on commercial MBS offerings, topping the 2016 rankings released by Commercial Mortgage Alert. The firm has now been ranked first in the issuer counsel category for 17 consecutive years. Presidential Clemency In his final full day in office, President Barack Obama com- muted the sentence of a client Cadwalader represented pro bono. The representation was conducted under the auspices of the Department of Justice Clemency Initiative. The TOP for CLO Cadwalader was recognized as the “Top Underwriter Counsel for U.S. CLOs,” topping the 2016 Asset-Backed Alert rankings. The firm’s capital markets lawyers closed 54 CLO transactions as underwriter counsel, valued at $25.8 billion. GETTING HIRED Vault’s Verdict: Cadwalader is attracted to both brains and brawn: candidates who have the right academic background but won’t shy away from hard work or buckle under pressure will get the nod. In recent years, the firm’s commitment
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391 Vault Guide to the Top 100 Law Firms, 2018 Edition CADWALADER, WICKERSHAM & TAFT LLP to diversity has shown in its recruiting efforts, as has a conscious choice to look past just the top schools. Hiring Process • “Personality dictates Cadwalader’s hiring decisions. They don’t generally hire associates who aren’t generally friendly and outgoing. The firm focuses on schools within each office market.” • “The firm is looking for self-starters. The firm generally hires from top 14 law schools, although there are a number of associates from elsewhere.” • “The firm is reaching out to new schools to meet their diversity goals.” • “Cadwalader looks for personalities that will do hard work and remain bearable to work with. Cadwalader, perhaps more than other firms, is willing to look at unconventional resumes (e.g., older students with substantial work experience before law school, non-T14 schools). All the New York area schools tend to be recruitment targets.”
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  • Fall '16
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