Breaking news and analysis related to law firm dissolution and partner and creditor disputes.
By Amanda O'Brien | February 8, 2024
The suit says that income partners and counsel were forced to defer a portion of their annual compensation into the firm's pension plan, despite the pension plan itself not requiring such a contribution, and that money was ultimately commingled with firm operating funds.
4 minute read
By ALM Staff | December 29, 2023
Over a year's worth of reporting on the issues and events that led to Stroock's downfall
8 minute read
By Dan Roe | December 28, 2023
From Stroock to Schnader, firms that failed struggled with common issues of recruitment, retention and financial obligations.
7 minute read
By Justin Henry | December 11, 2023
Hogan Lovells, which acquired a team of 28 partners from Stroock and office leases in New York and Washington, is also a secured creditor, gaining rights to the firm's largest liability: a loan made by Chase Bank.
4 minute read
By Amanda O'Brien | November 22, 2023
Yvonne Saadi is a veteran of the U.S. Attorney's Office for the Western District of Pennsylvania.
4 minute read
By Amanda O'Brien | November 21, 2023
Ward Greenberg will cease operations at the end of 2023. Hodgson Russ will add 10 litigators and assume the firm's Rochester lease, while Freeman Mathis Gary will take the other nine litigators and leases in Philadelphia, South Jersey and Delaware.
5 minute read
By Patrick Smith | November 9, 2023
"Partners were not coming into the office much over the summer, and when they did, they didn't want to deal with questions," one former staffer said.
7 minute read
By Justin Henry | November 2, 2023
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
By Patrick Smith | November 2, 2023
"They didn't do anything when 45 people left a year ago," said a Stroock lawyer about firm leadership.
8 minute read
By Amanda O'Brien | November 1, 2023
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
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
