Cahill's Chair: Firm Is 'Strong' Amid Merger Talk Speculation

Ed. note : Welcome to our daily feature, Quote of the Day . From our perspective and by any objective measure, Cahill remains incredibly financially strong, highly profitable, with a leading market position. The people driving the firm’s strong results remain fully committed to the firm. We do not love departures, of course, nobody does. We feel very confident in the core people who drive the most important practices at the firm. — Herb Washer , chair of Cahill Gordon & Reindel, in comments to Bloomberg Law , responding to reports that another firm may acquire Cahill . Washer said Cahill is “regularly approached by other firms in the market for a variety of reasons,” but added, “As a matter of policy, we don’t comment on rumors or speculation.” The firm has lost eight finance partners this year, about 10% of its partnership, even as it reported $502.5 million in revenue and $5.7 million in profits per equity partner in 2025. In September, Washer told Bloomberg Law that Cahill expected double-digit growth in 2026. Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky , X/Twitter , and Threads , or connect with her on LinkedIn .

Source: Original reporting via Above the Law