Cadwalader Recognized as ‘Law Firm of the Year’ by Risk Magazine

November 29, 2017

Cadwalader was named "Law Firm of the Year" by Risk Magazine at the 2018 Risk Awards held in London last night. The Risk Awards recognize the exemplary work of firms and individuals in the derivatives markets and risk management. Cadwalader was also honored as Law Firm of the Year by Risk Magazine in 2016.

“This recognition affirms our commitment to world-class client service,” said Jeffrey Robins, co-chair of Cadwalader’s Financial Services Group. “Our team approaches each engagement with the goal of providing forward-thinking, pragmatic solutions.”

In selecting Cadwalader as Law Firm of the Year, Risk Magazine noted the firm’s innovative work in several key areas, including:

  • securing a unique extension of Volcker Rule restrictions for a global bank (led by partners Scott Cammarn and Brian Foster);
  • advising the Securities Industry and Financial Markets Association (SIFMA) on regulatory and documentation issues relating to FINRA margin requirements, marking the first significant change to the broker-dealer margin regulations in at least a decade (led by partners Scott Cammarn and Steven Lofchie with associate Nihal Patel);
  • managing complex payment structures for the State of Illinois that aligned the interests of multiple stakeholders while navigating significant bureaucratic hurdles (led by partners Lary Stromfeld, Richard Schetman, Mark Howe and Stephanie Marcantonio, with associates Jakarri Hamlin and Soo Kyong Yi); and
  • advising the International Swaps and Derivatives Association (ISDA), the primary derivatives trade association in the world, on industry strategies to produce and implement documentation necessitated by Dodd-Frank (led by partners Jeffrey Robins and Lary Stromfeld with associate Nihal Patel.

“We’re fortunate to work with so many of the world’s leading corporations and institutions,” said Financial Services co-head Richard Schetman. “Earning the trust and respect of our clients is instrumental to our success.”

Cadwalader’s Financial Services team advises a broad range of clients, including broker-dealers, swap dealers, banks, investment advisers, funds of all types, pension plans, and securities and futures markets. The group is regularly recognized for its innovative, client-focused approach to structuring and documenting ISDA master agreements, advising on the extraterritorial aspects of U.S. regulation, and counseling global banks on the Volcker Rule, the Bank Holding Company Act and Title VII compliance. The team also offers an extensive web-based financial regulatory knowledge and intelligence platform, the Cadwalader Cabinet (