Associate layoffs, coupled with weakness in transactional practices, knocked a handful of Am Law 100 mainstays off this year’s list and opened the door for five litigation-oriented Second Hundred contenders.
Chief among the departees was Stroock & Stroock & Lavan, which fell to the Second Hundred for the first time ever. The New York firm has been on The Am Law 100 since its inception in 1987, and before that, was on 1986′s Am Law 75 and 1985′s debut Am Law 50, where it was ranked number 32.
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