Credit: Courtesy/ALM Schnader Waited Too Long to Merge, While Stroock's Fate Lies in the Balance
The soon-to-be defunct Philadelphia institution and the venerable New York shop have faced a similar set of obstacles in recent months.
August 16, 2023 at 05:54 PM
8 minute read
What do onetime Philadelphia mainstay Schnader Harrison Segal & Lewis and Am Law 200 firm Stroock & Stroock & Lavan have in common?
Failed merger talks, pension concerns, and a steady trickle of partners lateralling to other firms, for a start, with the key difference between the two firms, beyond their size and status, being their ability to continue operations.
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