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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

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

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

The Legal Intelligencer

Schnader Harrison Looks to Settle Malpractice Suit Over Allegedly Mismanaged Bankruptcy

The defunct firm has reached an interim, confidential settlement with plaintiffs Herbert Vederman, Samuel Sidewater and Steven Sidewater, and the parties hope to finalize the resolution in 2024.
2 minute read

The American Lawyer

Quinn Emanuel and Foley & Lardner Resolve Fee Dispute From LeClairRyan Bankruptcy

The resolution grants Foley & Lardner $2.2 million in fees that have already been approved. But the firm had sought another $4.1 million.
4 minute read

The American Lawyer

11 Years Later, Ex-Dewey Lawyers Are Doing as Well as Industry Peers

The high-profile bankruptcy of Dewey & LeBoeuf didn't hamper the careers of former partners and associates in the long run, new research shows.
4 minute read

The American Lawyer

Quinn Emanuel Fights to Depose Foley & Lardner CEO in $2M Dispute Over LeClairRyan Fees

The firms are at odds because Quinn Emanuel partners Erika Morabito and Brittany Nelson began the contingency-based representation of LeClairRyan's bankruptcy trustee as partners at Foley & Lardner.
4 minute read

The American Lawyer

This Litigation Funder Has Loaned Money To a Growing List of Troubled Firms

When Philadelphia-based Sacks Weston declared bankruptcy in August, it became the latest firm to do business with Virage Capital and then hit the skids.
11 minute read

International Edition

Axiom Ince Seeks to Make Good on Clients' Missing £64M as Firm Shutters

Clients have also turned to the SRA's Compensation Fund, a hardship fund with several conditions attached to it.
3 minute read

Pro Mid Market

Mid-Market Roundup: Mid In Size, Big In Influence (On Emerging Tech, Real Estate Deals)

Welcome to Mid-Market Roundup, where our team of regional editors shares the trends, challenges, opportunities and observations emerging in their markets.
6 minute read

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