Cadwalader profits top $2.5m per partner

Cadwalader Wickersham & Taft has scored double digit growth in both turnover and profits for 2005.

The New York firm saw revenues increase 16 per cent to $483m (£277m) while profit per equity partner jumped 21 per cent to $2.547m (£1.46m).

Average compensation per partner rose 16 per cent to $2.025m (£1.16m).

London managing partner Andrew Wilkinson told The Lawyer: “ The figures show that Cadwalader had another record year last year. there has been a strong performance across all practice areas.”