What You Need to Know
- Hogan Lovells Cadwalader is ready to go live Wednesday.
- The legacy firms are putting the finishing touches on operational integration.
- CEO Miguel Zaldivar already anticipates a strong financial performance for the combined firm.
On Tuesday, Hogan Lovells and Cadwalader Wickersham & Taft will close their books, only to be reborn one day later as Hogan Lovells Cadwalader as the two firms’ combination goes into effect.
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Winston & Strawn and Taylor Wessing's U.K.-led business have officially launched as Winston Taylor, a transatlantic law firm with more than 1,400 lawyers and estimated annual revenues of approximately $1.75 billion. Dominick DeChiara, chief strategy officer of Winston Taylor, offers this perspective on "How the Deal Got Done."
The soon-to-be merged firm is preparing to implement differing pay scales within its London associate cohort, with legacy Cadwalader London lawyers expected to remain on the 'Cravath scale', putting them on significantly higher base pay than their legacy Hogan Lovells colleagues.
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