"As noted by the American Lawyer, the firm recently announced the appointment of Wesley Mission, the firm's finance group chair, to assist Patrick Quinn, the firm's longtime managing partner. The firm hasn't had a co-managing partner in a decade. In a memo to partners, Quinn said that Mission "has been serving alongside me effectively as co-managing partner, and I'm thrilled that he has agreed formally [to] take on the role." So what, exactly, is Mission's mission at CWT?"
"Over the past several months, Cadwalader has lost more than 40 partners to competitor firms, with high-profile defections hitting core practices. Many of these moves are reportedly tied to internal dissatisfaction over the firm's controversial agreement with the Trump administration, in which CWT pledged $100 million in pro bono payola to help avoid punitive executive orders. Some partners viewed the deal as a capitulation, prompting their resignations in protest."
Cadwalader appointed Wesley Mission, the finance group chair, to serve formally as co-managing partner alongside longtime managing partner Patrick Quinn, a role not held at the firm for a decade. The firm has lost more than 40 partners in recent months to competitors, with high-profile defections impacting core practices. Many departures are reportedly tied to dissatisfaction over a controversial agreement with the Trump administration in which Cadwalader pledged $100 million in pro bono work, viewed by some partners as capitulation. The firm faces merger speculation while stating it is not currently engaged in merger talks and is considering strategic options.
Read at Above the Law
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