Story perspectives

Major Merger: Hogan Lovells and Cadwalader Unite

12/19/2025

Summary

Story summary

Hogan Lovells and Cadwalader Wickersham & Taft announced a merger to create Hogan Lovells Cadwalader, projected to be the fifth-largest law firm globally.
The new firm will generate over $3.6 billion in annual revenue and employ approximately 3,100 lawyers.
The merger aims to enhance finance and corporate law capabilities, particularly in the New York-London corridor.
Miguel Zaldivar will lead the firm, with Cadwalader's Pat Quinn and Wes Misson joining the International Management Committee.
The merger is subject to a partner vote in 2026 and reflects a trend of transatlantic law firm combinations.

History

Historical Context

The 2016 Brexit vote marked a pivotal shift in the UK's relationship with the EU, influencing international law practices. In that year, Hogan Lovells generated $2.1 billion in revenue, underscoring the lucrative transatlantic legal market. The anticipated merger with Cadwalader, a historic New York law firm founded in 1792, reflects ongoing consolidation in the legal sector, particularly in finance and corporate law.

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Story summary

Hogan Lovells and Cadwalader Wickersham & Taft announced a merger to create Hogan Lovells Cadwalader, projected to be the fifth-largest law firm globally.
The new firm will generate over $3.6 billion in annual revenue and employ approximately 3,100 lawyers.
The merger aims to enhance finance and corporate law capabilities, particularly in the New York-London corridor.
Miguel Zaldivar will lead the firm, with Cadwalader's Pat Quinn and Wes Misson joining the International Management Committee.
The merger is subject to a partner vote in 2026 and reflects a trend of transatlantic law firm combinations.

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