Stroock & Stroock & Lavan

Stroock & Stroock & Lavan LLP (known as Stroock) was an American law firm based in New York City, with offices also in Los Angeles, Miami, and Washington, D.C.

Stroock & Stroock & Lavan LLP
Headquarters 180 Maiden Lane
New York City
No. of offices1
No. of attorneys0
Major practice areasGeneral practice
Date founded1876 (1876)
Company typeLimited liability partnership
DissolvedOctober 2023
Websitewww.stroock.com

Stroock provided transactional and litigation guidance to multinational corporations, financial institutions, investment banks, and private equity firms in the U.S. and abroad. Stroock's practice areas included capital markets/securities, commercial finance, mergers and acquisitions and joint ventures, private equity, private funds, derivatives and commodities, employment law and benefits, energy and project finance, entertainment, environmental law, financial restructuring, financial services litigation, government relations, insurance, intellectual property, investment management, litigation, national security, personal client services, real estate, structured finance, and tax.

The firm and many of its attorneys were annually ranked and listed in a number of industry publications, including Chambers USA, Chambers Global, The Legal 500, Best Lawyers, and Super Lawyers.[1][2][3]

In late October 2023, the substantial number of its partnership joined transatlantic firm Hogan Lovells.[4] By the end of October 2023, the partnership voted to dissolve the firm.[5]

History edit

 
M. Warley Platzek

The firm was founded in New York City in 1876 by M. Warley Platzek at 176 Broadway as a solo practice. In 1886, associate Moses J. Stroock joined the firm, followed ten years later by his younger brother, Sol M. Stroock. In 1907, when Platzek left for the New York Supreme Court, the firm was renamed Stroock & Stroock. Two years later, the firm moved to 30 Broad Street, adjacent to the New York Stock Exchange, and began cultivating its long-standing relationships with Wall Street’s major financial companies.

In 1919, Peter I. B. Lavan joined the firm. Over the next two decades, Stroock continued its shift toward a corporate and financial practice, developing a national reputation in commercial law. Its offices moved to 61 Broadway in 1937 and the firm was renamed Stroock & Stroock & Lavan in 1943.

Stroock opened its Los Angeles office in 1975. In 1983, the New York office moved to 7 Hanover Lane, and, finally, into its current office space at 180 Maiden Lane. In 2013, Stroock opened its Washington, D.C., office on K Street.

The firm has assisted Mark Burnett and Roma Downey with legal advisement when forming the United Artist Media Group in September 2014.[6]

In October 2023, more than 30 out of the firm's remaining 46 partners, comprising a substantial majority of the partnership, were confirmed to have been hired by Hogan Lovells, raising questions about the firm's future.[7]

On October 31, 2023, the remaining partners voted to dissolve the firm, leading to its demise.[8]

Practice areas edit

Stroock's main practice groups included:[2]

  • Corporate (i.e., Capital Markets/Securities; Commercial Finance; Mergers, Acquisitions, and Joint Ventures; and Private Equity/Venture Capital)
  • Commodities and Derivatives
  • Employee Benefits and Executive Compensation
  • Employment Law
  • Energy and Project Finance
  • Entertainment
  • Environmental Law
  • Financial Restructuring
  • Financial Services Litigation
  • Government Relations
  • Insurance
  • Intellectual Property
  • Investment Management (including Private Funds)
  • Litigation
  • National Security/CFIUS Compliance
  • Personal Client Services
  • Pro Bono
  • Real Estate
  • Structured Finance
  • Tax

Notable past and current attorneys edit

References edit

  1. ^ bestlawyers.com, Stroock & Stroock & Lavan Law Firm Rankings, accessed July 9, 2013.
  2. ^ a b chambersandpartners.com, Stroock & Stroock & Lavan LLP Chambers Profile, accessed July 9, 2013.
  3. ^ superlawyers.com, Stroock & Stroock & Lavan LLP, L.A. Profile and Attorneys List, accessed July 9, 2013.
  4. ^ Merken, Sara (October 28, 2023). "Law firm Stroock sees partner exodus to Hogan Lovells after failed merger talks". Reuters. Retrieved October 29, 2023.
  5. ^ Opfer, Chris; Strom, Roy; Tribe, Meghan (October 31, 2023). "Stroock Goes Bust: Big Law Firm to Wind Down After Departures". Bloomberg Law. Retrieved October 31, 2023.
  6. ^ Kay, Jeremy. "MGM, Mark Burnett form United Artists Media Group". Screen Daily. Retrieved September 27, 2014.
  7. ^ Edwards, Ben (October 30, 2023). "Hogan Lovells snaps up more than 30 partners from Stroock in the US". Global Legal Post. Retrieved October 30, 2023.
  8. ^ [1], Bloomberg Law.

External links edit