Stroock & Stroock & Lavan Law Firm Profile

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IN-DEPTH RESEARCH REPORT
on Stroock & Stroock & Lavan LLP

  • - Financial Information
  • - Compensation
  • - Billing Rates
  • - Lateral Partner Moves
  • - Pro bono
  • - Key Contacts

Stroock & Stroock & Lavan LLP

  • Designation: New York
  • Head Count: 285
  • Gross Revenues: $255,000,000
  • Revenue Per Lawyer: $895,000
  • Profits Per Partner: $1,155,000
  • Year Over Year Change: -3

Stroock & Stroock & Lavan is a New York-based law firm. The firm ranked 109th on The American Lawyer's 2011 Am Law 200, with $260,000,000 in gross revenue in 2010. According to the National Law Journal's 2011 NLJ 250 rankings of U.S. firms based on size, the firm has 292 attorneys and is the 146th largest law firm in the United States. Stroock & Stroock is a business law firm practicing in the areas of corporate finance and the representation of financial institutions. Practices include employee benefits and compensation, real estate, insolvency, energy, intellectual property, and litigation. In addition to its New York headquarters, the firm has offices in Los Angeles and Miami.

Firm Rankings

Survey Rank Year Over Year Change Description
Am Law 100 NR N/A Gross revenue
Am Law 200 121 -3 Gross revenue
NLJ 250 150 -2 Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard 75 -10 Pro-bono commitment
Diversity Scorecard 85 5 Minority head count
Midlevel Associates Survey NR N/A Job satisfaction
Summer Associates Survey 100 0 Summer programs

In the News

Obituary: Stanley Parness

Tania Karas : New York Law Journal : January 11, 2014

Stanley Parness, a former presiding justice of the Appellate Term, First Department, died unexpectedly on July 8. He was 85.

The Churn: Venable Expands in L.A., Plus More Lateral Moves

Brian Baxter : The Am Law Daily : January 08, 2014

A day after Hogan Lovells and Squire Patton Boggs started the third quarter with mergers abroad, Venable has gotten into the tie-up game by picking up seven lawyers from Los Angeles litigation boutique Weingarten Brown. The Am Law Daily looks at those moves and more in our latest tally of Am Law 200 hires.

Business Judgment Rule: 24 Years Old and Still Intact

Richard Siegler and Eva Talel : New York Law Journal : January 02, 2014

In their Cooperatives and Condominiums column, Richard Siegler and Eva Talel write that although there have been a number of decisions in the last several years refusing to summarily protect condo or co-op boards under the business judgment rule, the courts' reasoning has remained the same since the rule's inception. When boards act in good faith, within their authority, and in furtherance of a legitimate corporate purpose, their actions will not be questioned by a reviewing court.

White House Touts Law Firm Pro Bono Work

Zoe Tillman : Legal Times : January 30, 2014

Vice President Joe Biden expressed his support for law firm pro bono programs during a meeting this month with representatives from more than a dozen firms.

Must White-Collar 'Suspects' Be Forewarned?

Joel Cohen : New York Law Journal : January 10, 2014

In his Ethics and Criminal Practice column, Joel Cohen write that law enforcement officials are not required to advise individuals who voluntarily offer to speak with them that they are suspects. So is the commotion over what happened to Zachary Warren of Dewey & LeBoeuf, who was asked to attend a meeting with the SEC where the district attorney's office was present without being told that he was a criminal target, justified?

Proving Who You Are: The Legal Battle Over Voter ID Laws

Jerry H. Goldfeder and Myrna Pérez : New York Law Journal : January 04, 2014

In their Government and Election Law column, Jerry H. Goldfeder and Myrna Pérez write: In recent months, federal and state courts throughout the country have been weighing in on the validity of voter ID laws. The more recent decisions seem to be trending against harsh voter ID laws—but, as they say, the jury is still out.

Am Law Firms Lead on American Securities' Grede Buy

MP McQueen : The Am Law Daily : January 04, 2014

Weil, Gotshal & Manges is representing American Securities in connection with the transaction, while Stroock & Stroock & Lavan is acting as outside counsel to cast metal maker Grede Holdings.

The Am Law Second Hundred: Punching Above Their Weight

Aric Press : The American Lawyer : January 02, 2014

Twenty firms in The Am Law 200 performed well last year, while many others just held their own.

Removal Recommended, but Conduct Panel Settles for Censure

John Caher : New York Law Journal : January 29, 2014

A Long Island town justice who steered a defendant to his business partner for legal representation, imposed hundreds of illegal fines and made improper political contributions has been censured.

Fox Rothschild Joins Bevy Of Firms At Southeast Financial

Julie Kay : Daily Business Review : January 14, 2014

Fox Rothschild is the latest law firm to lease space at the Southeast Financial Center, becoming the 26th to call the 55-story office tower home.

Panel Faults Reduction in Judges' Health Benefits

John Caher : New York Law Journal : January 07, 2014

New York State violated the constitutional ban on decreasing judicial salaries by reducing the state's contribution to judges' health insurance premiums, a unanimous First Department panel held on Tuesday.

Control Over Cable Provider Access, Revisited

Eva Talel and E. Gail Suchman : New York Law Journal : January 07, 2014

In their Cooperatives and Condominiums column, Eva Talel and E. Gail Suchman address increasingly assertive techniques used by cable providers in seeking installation access and provides recommendations to boards and managers for protecting the building and its apartment owners from damage to persons or property that may be caused by a cable installation.

Bryan Cave Opens Miami Office With Two Prominent Litigators

Julie Kay : Daily Business Review : January 06, 2014

St. Louis-based Bryan Cave has established a beachhead in Miami, signing a lease for 10,015 square feet at the Southeast Financial Center.

'Crime Fraud' and the Lawyer's Duty

Joel Cohen : New York Law Journal : January 08, 2014

In his Ethics and Criminal Practice column, Joel Cohen, of counsel at Stroock & Stroock & Lavan, writes that it is entirely appropriate for a client to approach a lawyer seeking to obtain an (ostensibly) expert opinion as to whether the conduct that he might wish to pursue is, in fact, legal or illegal. But when the client pursues that conduct despite the lawyer's warning not to, and the attorney is asked to testify, what is the ethical thing to do?

Brookstone Bankruptcy Yields Roles for Half-Dozen Firms

Brian Baxter : The Am Law Daily : January 03, 2014

K&L Gates is serving as lead debtors' counsel to the specialty gadget retailer, which filed for Chapter 11 protection in Delaware on Thursday as part of a plan to sell itself to Spencer Spirit Holdings. The proposed $146.3 million deal has pulled in Am Law 200 firms Stroock, Greenberg Traurig, and Choate, Hall & Stewart, as well as two regional shops.

Forfeiture Brings Claimants Closer to Iran Judgments

Mark Hamblett : New York Law Journal : January 03, 2014

Claimants to an interest in a forfeited Fifth Avenue office building whose partial owners are accused of violating the Iranian trade embargo are now waiting to see how more than $500 million will be distributed, following a judge's ruling Friday.

New York Round Up: Campaign Finance and Ballot Issues

Jerry H. Goldfeder and Myrna Pérez : New York Law Journal : January 02, 2014

In their Government and Election Law column, Jerry H. Goldfeder and Myrna Perez write: New York is home to many election cases. Indeed, it has been estimated that our state courts hear approximately one-half of the country's campaign litigation. The most noteworthy ones involve campaign finance, ballot access and the counting of paper ballots.

Marketplace

Monica Paquette : New York Law Journal : January 26, 2014

Relocating downtown, Revlon Inc. will be moving its corporate offices to One New York Plaza from 237 Park Ave. Also, Sherwood Equities Inc. has signed two new five-year leases with tech companies Travel Tripper and Virtusa Corporation at 370 Lexington Ave.

Stroock's Miami Managing Partner Caught Up In New York Suit

Julie Kay : Daily Business Review : January 18, 2014

Ron Kriss, managing partner of the Miami office of Stroock & Stroock & Lavan, has been implicated in a New York lawsuit against his son, Jody Kriss, involving New York real estate investment company Bayrock Group.

Nonresidential Use - Can Enforcement of Restrictions Be Waived?

Richard Siegler and Eva Talel : New York Law Journal : January 05, 2014

In their Cooperatives and Condominiums column, Stroock & Stroock & Lavan's Richard Siegler and Eva Talel write: For a board trying to maintain a harmonious environment, a muted response, or none at all when the owner community is indifferent, may seem applicable when faced with non-residential use of a residential apartment. But while complacent deference may seem pragmatic, a hidden danger may be percolating.

Law.com Adds Practice Groups and a Contributor Network

Monica Bay : Law Technology News : January 04, 2014

ALM re-launches Law.com website to enhance content for legal professionals.

Movers

: The National Law Journal : January 03, 2014

Harvey Kauget joins Burr & Forman's intellectual property practice as partner in the Tampa office. Plus more law firm movers in this week's column.

Personal Notes on Lawyers

: New York Law Journal : January 27, 2014

Six firms announce new hires, while Sheppard Mullin, Baker & McKenzie and Stroock announce new partners.

The Am Law 100, the Early Numbers: At Kaye Scholer, Revenue Dips Again

Ross Todd : The Am Law Daily : January 26, 2014

Kaye Scholer saw its gross revenue decline for the third straight year in 2013, but the firm managed to eke out small gains in revenue per lawyer and profits per equity partner thanks to an accompanying contraction within its attorney ranks, according to The American Lawyer's reporting.

Should Judges Intervene?

Joel Cohen : Special to Law.com : January 21, 2014

Should judges be able to reject settlements between parties when the government is one of the litigants? Law.com columnist Joel Cohen weighs in.

On the Move

: The Recorder : January 18, 2014

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

The Churn: Milbank, Shearman Land Securities Litigators, Plus More Lateral Moves

Sara Randazzo : The Am Law Daily : January 14, 2014

A string of New York securities litigators are on the move; Bingham loses two Los Angeles–based lawyers to Winston and a partner in San Francisco to Manatt; and a former U.S. ambassador rejoins Jones Day.

When a Judge Second-Guesses His Ruling (Long After)

Joel Cohen : New York Law Journal : January 11, 2014

In his Ethics and Criminal Practice column, Joel Cohen of Stroock & Stroock & Lavan, writes: We seem to think that once a judge puts pen to paper and finally decides a case, the decision is final in his own mind—there is no reverie; no compunction; no troubling self-doubt. But it isn't always like that, as shown by now-retired Justice Frank Barbaro's coming forward to seek to undo what he considers an injustice over a non-jury murder conviction he handed down in 1999.

On the Move

: The Recorder : January 07, 2014

New hires, promotions, appointments and awards in-house, at firms, and in government and academia.

Presidential and Legislative Efforts on Voting Reform

Jerry H. Goldfeder and Myrna Pérez : New York Law Journal : January 05, 2014

In their Government and Election Law column, Jerry H. Goldfeder of Stroock & Stroock & Lavan and Myrna Pérez of the Brennan Center for Justice at NYU School of Law review a bill intended to respond to the U.S. Supreme Court's constitutional critique in 'Shelby County v. Holder' and the recommendations to improve our nation's voting experience released by the Presidential Commission on Election Administration.