2021 Vault Rankings
At a Glance
“No billable-hours requirement and above-market bonuses.”
“The people are fantastic—on the whole friendly, helpful and interesting.”
“The long, unpredictable hours.”
About Cahill Gordon & Reindel LLP
With a reputation for capital markets prowess and high-stakes litigation excellence, Cahill Gordon & Reindel LLP is the picture of an effective—and conservatively managed—firm. With around 325 attorneys, Cahill focuses on a pool of practice areas ranging from corporate finance to crisis advisory and management.
An Exclusive Club
Cahill was founded in 1919 by the former U.S. Secretary of the Treasury, and from the start, it proved itself as a player in corporate law and finance. Its best-known name partner was John T. Cahill, a former U.S. Attorney for New York’s Southern District in Manhattan—an office that The New York Times dubbed “one of the city’s most powerful clubs.” Cahill led a period of growth and expansion after World War II. Over time, the firm welcomed partners and attorneys with distinguished tenures at the U.S. Department of Justice, the Federal Trade Commission, the SEC, and the Treasury Department. Today, in addition to handling transactional and litigation matters for its financial services and banking clients, Cahill represents clients in a range of industries, including pharmaceuticals, automotive, and global infrastructure.
Punching Above its Weight
Keeping up with firms more than ten times its size, Cahill consistently ranks among the most profitable operations in the country on a per-partner basis. With global debt and equity, capital markets, and bank financing deals as the firm’s forte, Cahill represents numerous leading banks and multinational companies. In a testament to Cahill’s transactional track record, the firm’s corporate finance practice has won many honors, including leading league tables annually and being ranked by Legal 500 and Chambers USA. Cahill is known for its capital markets work, specifically with high-yield debt.
That’s not to say Cahill’s a one-trick pony, though. The firm has also forged a reputation as a formidable house for litigation. Some of Cahill’s notable recent clients include Barclays, Brookfield Asset Management, Credit Suisse, Deutsche Bank, S&P Global, Time Warner Cable, and the Audit Committee of Walmart. The firm is known for its strong securities litigation and white collar defense practice in the U.S. and London, with a caseload that includes high-profile litigations and investigations relating to structured products and derivatives, benchmark rates, “dark pools,” and high-frequency trading. The firm also has a thriving internal investigations practice, including high-profile representations of companies, boards, and audit committees covering a wide array of issues, including the Foreign Corrupt Practices Act, money laundering, and international sanctions compliance. The firm is also known for its First Amendment work.
At Cahill, associates’ voices matter. The firm has an Associate Liaison Committee that focuses on associates’ concerns. The committee includes both associates and partners who work together to create solutions to issues raised by associates. Some areas the committee has tackled include the review process, flex-time, technology stipends, and training programs, among other areas.
We will be engaged in a thoughtful process that takes into account the health and safety of all applicants, as well as our current attorneys and staff. Though we would prefer to be able to meet candidates in person, it may not be possible this season. Gratefully, we have found much success conducting our Summer Program and many of our recruiting efforts over virtual platforms, and we are fully prepared to meet interested applicants and conduct interviews this way. We look forward to sharing all that we can about our work and culture while respecting the well-being of everyone engaged in the process.
News & Awards
Cahill continues to represent Credit Suisse Group AG and its subsidiaries in various matters around the world, including in civil litigations and investigations with respect to alleged manipulation of LIBOR, FX, BBSW, and other reference rates during the financial crisis. We represent Credit Suisse in antitrust litigations alleging anti-competitive conduct in the interest rate swap, stock loan, sub-sovereign bond, and credit default swap markets. As a result of this and other significant wins we achieved on behalf of Credit Suisse in 2019, Cahill was selected as a Securities Litigation Practice Group of the Year by Law360.
For the first half of 2020 Cahill’s Capital Markets & Lending practice has, once again, delivered a stunning performance across a myriad of categories in the legal adviser league tables published by Bloomberg, Refinitiv Loan Connector LPC, and Debtwire. According to Bloomberg and Debtwire, Cahill captured in excess of 31% of the market share by volume and generated more than $49 billion in aggregate gross proceeds in connection with high-yield bonds. For loans, Cahill owned more than 36% of the U.S. bank leveraged lending market by volume and generated more than $100 billion in aggregate gross proceeds according to Refinitiv LPC and Bloomberg.
Cahill advised 1-800-FLOWERS.COM, Inc. in its $245 million acquisition of PersonalizationMall.com, a leading online retailer of personalized products that offers thousands of products available with a broad range of innovative personalization options. The addition of PersonalizationMall.com is expected to increase 1-800-FLOWERS.COM’s annual revenue run rate to more than $1.6 billion.
In December 2019, a Cahill litigation team completed a six-day bench trial in a long running litigation on behalf of client Deutsche Bank. The team defeated a multi-billion-dollar lawsuit prevailing on Deutsche Bank’s veil-piercing claim against Norwegian billionaire Alexander Vik and a shell company under his ownership and control in New York Supreme Court.
- Cahill advised the debt financing sources supporting Michael Dell in the initial take private of Dell, Inc. and later advised the debt financing sources when Dell acquired EMC for $67.7 billion (the largest technology deal in history).
- Amidst COVID-19, Cahill advised financial institutions in connection with $10 billion of financing across loan, bond and equity markets in connection with Eldorado Resorts acquiring Caesars Entertainment.
- Cahill achieved a significant victory on behalf of Credit Suisse in defeating class plaintiffs’ motion to certify two classes relating to alleged manipulation of the global foreign exchange (FX) markets.
- In Amarin Pharma Inc. et al. v. FDA, Cahill prevailed on behalf of the drugmaker with a groundbreaking challenge to the constitutionality of regulatory restrictions concerning off-label promotion of approved prescription drugs.
- #1 legal advisor to U.S. high yield bond underwriters and lead arrangers of leveraged loans in the legal league tables by Bloomberg and Refinitiv Loan Connector for over 10 years
- Capital Markets and Securities Litigation Practice Groups of the Year, 2019—Law360
- Banking & Finance, ranked Band One, 2020—Chambers USA
- M&A: Middle-Market (sub-$500mm), ranked Tier One, 2020—The Legal 500
- Securities Litigation: Defense, ranked Tier One, 2020—The Legal 500
32 Old Slip
New York, NY 10005
Phone: (212) 701-3000
Chairman: William M. Hartnett
Hiring Partner: Sheila Ramesh
No. of Partners Named 2020:
1st year: $190,000
2nd year: $200,000
3rd year: $220,000
4th year: $255,000
5th year: $280,000
6th year: $305,000
7th year: $325,000
8th year: $340,000
Summer Associate: $3,654/week
Director of Legal Recruiting and Personnel
No. of U.S. Offices: 2
No. of International Offices: 1
New York, NY
Banking & Finance
Bankruptcy & Restructuring
Corporate Governance & Investigations
Crisis Advisory & Management
Cyber & Information Security
Mergers & Acquisitions
Securities Litigation & White Collar Defense
*See firm website for complete list of practice areas and industries.