Law firm halves London office space

US law firm Cadwalader Wickersham & Taft is reportedly moving to new premises at 69 Old Broad Street, London EC3, and reducing its office space in the City by almost 50%. Cadwalader will move from its present 35,000 sq ft offices at 265 Strand, London WC2, to the 14th and 15th floors of Dashwood House by December. The firm took the decision in February to search for smaller premises and the move comes after the firm suffered a number of defections from its London office.