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November 03, 2023 | Law.com

How Partners' Reluctance to Merge Can Tank Firms: The Morning Minute

The news and analysis you need to start your day.
4 minute read
November 02, 2023 | The American Lawyer

'A Lot of Hand Wringing': Stroock Leaders Act on Backup Plans to Failed Merger Talks

After Stroock's plan A of merging with another firm fell through, their plan B of dissolving the firm and relocating a portion of the firm is playing out.
6 minute read
November 02, 2023 | The American Lawyer

Behind Stroock's Dissolution: Partnership Discord and Pension Burdens

"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read
November 01, 2023 | New York Law Journal

The Value of Testimony From Trump's Lawyers: Another View

a lawyer who is presented by his client with a plan to commit a "future" crime can be compelled before a grand jury to give testimony against that client. The courts have long recognized the "crime fraud exception" to the privilege in such instances.
6 minute read
November 01, 2023 | The American Lawyer

Partners Reluctant to Merge Can Tank Firms' Chances at Growth, Survival

Stroock & Stroock & Lavan missed its window of opportunity to find a merger partner, and now the firm is shutting down. Could leaders have done anything to secure greater support for their plans?
5 minute read
November 01, 2023 | New York Law Journal

With Firm Winding Down, Longtime Stroock Defense Attorney Joel Cohen Heads to Defense Boutique

The announcement of Cohen's move comes just after Stroock announced that–following a string of grim developments for the 147-year-old firm that has included botched merger talks and mass departures of talent–the firm is forming a wind-down committee to oversee a potential dissolution or restructuring.
3 minute read
October 31, 2023 | The American Lawyer

As Stroock Plans Its End, Wind-Down Committee to Examine Liabilities

Whether the firm lands in bankruptcy is unknown at this point, sources said, as Stroock will be dealing with both preferred and non-preferred creditors. Its full liabilities are unclear at this point.
3 minute read
October 27, 2023 | The American Lawyer

Over 30 Stroock Partners to Join Hogan Lovells as NY Firm's Prospects Appear Bleak

The partner moves from Stroock amount to more than half of its partnership, creating an even more bleak future for the New York law firm that was founded nearly 150 years ago.
5 minute read
October 27, 2023 | New York Law Journal

Attorneys 'On the Move': Litigation Member Joins Sills Cummis; Locke Lord Adds Bankruptcy Partner

And other announcements of recent hirings and promotions of New York attorneys.
2 minute read
October 26, 2023 | The American Lawyer

Pillsbury Ends Merger Talks With Stroock

The firm said it couldn't reach an agreement "that adequately balanced Pillsbury's long-term strategic objectives with the more immediate financial and other risks involved."
3 minute read

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