Stroock Seeks Merger Deal to Fend Off Worst-Case Scenario

May 17, 2023, 9:00 AM UTC

Stroock & Stroock & Lavan has for months discussed possible mergers with other law firms, amid partner departures that risk threatening any deal and jeopardizing the firm’s future.

Manhattan-based Stroock has been publicly linked to merger talks since a group of more than 40 lawyers left its strategically important restructuring practice for Paul Hastings more than a year ago. The firm has more recently seen exits from its intellectual property, private wealth and consumer financial services class-action practices.

The American Lawyer last week reported that Stroock plans a merger with Nixon Peabody in the coming months. Two sources familiar with ...

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