January 10, 2008
Cadwaladar to lay off 35 attorneys in the area of mortgage-backed securities
According to an article in today's New York Lawyer (by Anthony Lin, January 10, 2008) Cadwalader, Wickersham & Taft, a leading law firm in the area of mortgage-backed securities is laying off 35 lawyers.
A number of other law firms active in mortgage-backed securities work have announced layoffs in the recent past, according to the article: Clifford Chance terminated a six-lawyer group in November. Thacher Proffitt & Wood and McKee Nelson both have offered buyouts to large numbers of associates working in the area.
Posted by hafeezt at January 10, 2008 02:30 PM