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[–] 12 points 10 months ago (2 children)

Do I miss the “brutal” price they paid? I mean, they’re merging with another firm to form a massive one. The managing partners will be managing partners at the new super-firm. So, where’s the price?

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  • [–] 13 points 10 months ago (1 child)

    I think "the price" is some sort of loss of prestige from it's feeder schools and cultural capital after offering pro bono work to Trump. I know they lost a bunch of their top associates (really good ones too, apparently) but I heard from a friend who goes to Princeton that a lot of the law students didn't even want to article there anymore. I'm assuming it's the same for other big law schools, especially Harvard Law after Trump basically put a target on their backs.

    Cadwalader is like the oldest law firm in NYC, the "Taft" in the name comes from President Taft's brother Henry Taft. From what I understand from my friend (and her associates), it's actually crazy that they're merging with another legal entity.

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