Cadwalader has been ranked among the leading law firms by the Financial Times as part of the publication’s annual North America “Innovative Lawyers” special report.
The firm was recognized in the following categories:
- “Practice of law: best practice in legal work” – “Market firsts” for the work of its industry-leading Real Estate Finance practice, advising the lenders in a $3 billion securitized financing of New York City skyscraper One Vanderbilt, the largest-ever fixed-rate securitization secured by a single building.
- “Business of law: best practices in legal work” – “Client Delivery” for a firm-wide innovation program that empowers its attorneys to conceptualize legal tech solutions and seamlessly access the necessary internal resources and IT support to plan for their successful launch and implementation. As part of this initiative – named Cadwalader’s “1792 Accelerator” for the firm’s 1792 founding – attorneys are incentivized to adopt an innovation mindset as part of their daily client workflow.
- “Intrapreneurs with Impact” recognized Director of IT Client Services Mike Tyler – as one of just eight featured individuals – for having “created a tech-savvy legal workforce at the firm that has ranged from using AI to make changes to LIBOR contracts, bespoke document assembly for structured finance deals, and using blockchain technology in commercial mortgage-backed securities work.”
FT “Innovative Lawyers” is a unique program that assesses lawyers and firms on their innovation for clients and in their own businesses. The program consists of rankings and awards, based on independent research from RSGI and robust journalism from the FT. The North America 2022 results were announced at an awards event in New York on December 5, and the rankings published in both print and online as an FT special report.