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Cadwalader in merger talks with Alston & Bird

Alston & Bird has been identified as one of the firms interested in potentially merging with Cadwalader Wickersham & Taft, sources say. Cadwalader, which is reported to have engaged Davis Polk to work on the legal aspects of a tie-up, has been in merger talks following departures to firms including Orrick, Herrington & Sutcliffe and Proskauer Rose. “As every top firm does, we regularly evaluate our strategy to further capitalize on our market-leading strengths for our clients,” Cadwalader said in a statement. “We have been approached by many top-tier firms for years, and that continues.”

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