Cadwalader Offering Contract Work for Associates on Sabbatical

Earlier this month, Cadwalader told 34 junior associates they could accept a one year, unrestricted sabbatical. or leave the firm.

Now the firm has announced it is offering the laid off associates jobs with the firm, as contract lawyers. The jobs would pay between $45 and $65 per hour.

In May, Cadwalader was the number one AmLaw 200 firm in layoffs.

Cadwalader, Wickersham & Taft LLP is the oldest continuously-operated law firm in the United States. Established in New York City in 1792, Cadwalader is now one of the leading financial law firms in the world. It has offices in London; Charlotte, North Carolina; Washington, DC; and Beijing, China.