Cadwalader Selected as a "Standout" in 2024 FT Innovative Lawyers North American Report

December 11, 2024

Cadwalader is one of only two firms to earn the highest ranking of “Standout” at the 2024 Financial Times Innovative Lawyers Awards in the “Deals and Financing” category.

Our firm was recognized for a submission, “Optimizing a Bank’s Regulatory Capital Profile: Cadwalader's North American CRT Market Leadership,” which explores our role in bank capital relief trades, including notable activity in the market over the past year.

FT had the following to say about Cadwalader's financial regulation capabilities:

“The firm has expanded its practice in capital relief trades — arrangements created by banks and other financial institutions to transfer balance sheet risk and reduce their regulatory capital requirements. By collaborating with clients, the lawyers have developed strategies that comply with the demands of various US regulators, whose requirements were tightened after the global financial crisis of 2008. Since July 2023, the firm has assisted eight banks and several other financial groups in negotiating a variety of these trades.”

Held annually in the U.S. since 2010, the Financial Times Innovative Lawyers Awards celebrates the best in innovation from law firms and in-house legal teams in the North America region in digital innovation, strategic advice, talent management and driving positive change in the profession.