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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: 293
  • Gross Revenues: $268,000,000
  • Revenue Per Lawyer: $915,000
  • Profits Per Partner: $1,190,000
  • Year Over Year Change: 0

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 200 109 0 Gross revenue
NLJ 250 145 1 Lawyer head count
The A-List NR N/A Overall excellence
Pro Bono Scorecard 76 -4 Pro-bono commitment
Diversity Scorecard 90 8 Minority head count
Midlevel Associates Survey NR N/A Job satisfaction
Summer Associates Survey 100 0 Summer programs

In the News

'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.

A Dozen New Partners at Bradley Arant, All of Them Men

Sara Randazzo : The Am Law Daily : January 23, 2014

Birmingham–based Bradley Arant Boult Cummings welcomed 12 of its attorneys to the firm's partnership last week, none of them women. So far, seven Am Law 200 firm have announced new partner classes this year made up entirely of men.

The Bankruptcy Files: Freedom Taps McGuireWoods for Chapter 11

Brian Baxter : The Am Law Daily : January 21, 2014

McGuireWoods is advising Freedom Industries, the company responsible for a recent chemical spill that prompted drinking water bans that affected 300,000 West Virginians, on its Chapter 11 filing. Meanwhile, Skadden and Kirkland are dominating the market on bankruptcy work amid a dearth of large filings and the latter is among the Am Law 100 firms handling out-of-court restructurings for clients like Altegrity, Brookstone and M*Modal.

Marketplace

Monica Paquette : New York Law Journal : January 15, 2014

Starting this fall, St. John's University will welcome students to its new Manhattan campus at 51 Astor Pl., in the East Village. The campus will be moving from its Tribeca location at 101 Murray St., which the university sold last year for $223 million.

No New Women Partners at Five Am Law Firms This Year

Sara Randazzo : The Am Law Daily : January 09, 2014

With the 2014 partner promotion season in full swing across The Am Law 200, a handful of firms—Cleary, Edwards Wildman, Gibson Dunn, Locke Lord and Stroock—stuck out by failing to elevate a single female attorney to their respective partnership ranks.

New Deals

Tom Huddleston Jr. : The Am Law Daily : January 09, 2014

Five years after assuming management control of Chrysler Group when it emerged from bankruptcy, Italian automaker Fiat has struck a deal to buy the 41.5 percent stake in the company it did not already own.

Insurance and Subrogation for Buildings and Owners

Richard Siegler and Eva Talel : New York Law Journal : January 08, 2014

In their Cooperatives and Condominiums column, Stroock & Stroock & Lavan's Richard Siegler and Eva Talel discuss subrogation and the waiver of subrogation, policy considerations in determining whether a waiver of subrogation is appropriate in shared housing communities, and case law regarding enforceability of a subrogation waiver.

S&C Steers Fiat Through Final Lap of Chrysler Takeover

Tom Huddleston Jr. : The Am Law Daily : January 02, 2014

The Italian automaker has agreed to acquire the 41.5 percent stake in Chrysler it does not already own from a United Automobile Workers health care trust for $4.35 billion. Sullivan & Cromwell is representing longtime client Fiat in the matter, while Skadden is advising Chrysler's independent directors and Stroock is acting as counsel to Brock Fiduciary, the investment adviser managing the UAW trust's Chrysler stake.

2013's Top 10: From Voting Rights Act to Moreland Commission

Jerry H. Goldfeder and Myrna Pérez : New York Law Journal : January 30, 2013

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 reveal their election law top 10, including cases on campaign donation limits, New York City's election runoff system, and the language of state constitutional amendments on the ballot.

Lawyers Ponder Effects of New Mayor's Policies on Clients

Christine Simmons : New York Law Journal : January 23, 2013

Lawyers representing real estate developers and major employers say they are wary of the impact on their clients of a change in policies under mayor-elect Bill de Blasio.

When Lawyers Instigate Their Clients

: Special to Law.com : January 13, 2013

How tough is too tough? Joel Cohen explores the ethical obligation to know the limits of an aggressive strategy -- and to stay within them.

The 'Ethic' of Getting Up to Speed 'Technologically'

Joel Cohen and James L. Bernard : New York Law Journal : January 10, 2013

In their Ethics and Criminal Practice column, Stroock & Stroock & Lavan's Joel Cohen and James L. Bernard write: For many lawyers, the old ways die hard, and learning new tricks is not easy. This may be especially true for the solo practitioner, who does not have the small army of tech-savvy "litigation support specialists" to help navigate the waters that many firms now have. But like it or not, an understanding of technology is ethically required, so the sooner we all get comfortable with it, the better.

Litigation

: New York Law Journal : January 09, 2013

In this Special Report from the New York Law Journal: "Defining the Scope of Cyber-Insurance Protection," "How Inter Partes Review Differs From District Court Patent Litigation," "Utilizing Computer-Generated Evidence in Medical Malpractice Cases" and "'Allied' May Expand Circumstances for Reopening a Bankruptcy Auction."

'Allied' May Expand Circumstances for Reopening a Bankruptcy Auction

Kristopher M. Hansen, Jayme T. Goldstein and Jonathan D. Canfield : New York Law Journal : January 09, 2013

Kristopher M. Hansen, Jayme T. Goldstein and Jonathan D. Canfield of Stroock & Stroock & Lavan write: A recent decision by the Bankruptcy Court for the District of Delaware illustrates the difficult balancing act that a court must undertake in the face of a post-bankruptcy auction objection and may have laid the foundation for expanding the previously limited circumstances in which a court will allow an auction to be reopened.

2013 Most Effective Lawyers Luncheon

: Daily Business Review : January 06, 2013

JW Marriott Miami1109 Brickell AveMiami, FL 33131

Who Responds When Tabloids Attack the Judges?

Joel Cohen : New York Law Journal : January 25, 2013

Joel Cohen is an attorney at Stroock & Stroock & Lavan and a Law Journal columnist. He writes: "Could there not be an ombudsman, or perhaps a standing committee of judges in place in the courthouse, to respond on behalf of a judge who is largely defenseless in the face of sometimes irresponsible attacks…?"

The Churn: Lateral Moves in The Am Law 200

Hillary Flynn : The Am Law Daily : January 19, 2013

Weil, Gotshal & Manges loses three partners to Greenberg Traurig and gains one in Dallas; Jackson Lewis hires a new managing partner for its San Francisco office; and a longtime Wilmer Cutler Pickering Hale and Dorr partner joins Wiley Rein in Washington, D.C. .

Judicial Conduct Agency Calls for Removal of Albany Surrogate

John Caher : New York Law Journal : January 15, 2013

Cathryn Doyle is alleged to have improperly presided over several matters involving her personal attorney, an attorney who served as her campaign manager and a lawyer who represented her in a prior disciplinary action.

Business Law Pro Bono Honor

Rick Kopstein, Photographer : New York Law Journal : January 08, 2013

The Lawyers Alliance for New York presented its 2013 Cornerstone Awards to two firms - Kirkland & Ellis and Stroock & Stroock & Lavan - and 10 individuals at a ceremony Wednesday night.

"Anchoring" & Criminal Sentencing

Joel Cohen : Special to Law.com : January 08, 2013

Law.com contributor Joel Cohen explores how 'anchoring' is used in sentencing hearings and how it might be deployed in plea negotiations.

Revisiting Employment Claims and Policies

Richard Siegler and Eva Talel : New York Law Journal : January 06, 2013

In their Cooperatives and Condominiums column, Richard Siegler and Eva Talel of Stroock & Stroock & Lavan discuss pro-employee decisions in hostile work environment discrimination cases and make recommendations to boards and managers as to how to protect their buildings and themselves from such claims, as well as how to have such claims determined in a non-public and binding arbitration forum and to mitigate damages should claims be asserted.

With Chill in the Air, a Fresh Law Firm Lawsuit-Palooza

Sara Randazzo : The Am Law Daily : January 05, 2013

Our latest roundup of litigation in which Am Law 200 firms are either defendants or plaintiffs includes Dorsey & Whitney getting sued over a burst pipe; the ex-wife of a deceased Kaye Scholer partner seeking retirement benefits from the firm; and Thompson Hine facing accusations of discrimination and wrongful termination brought by a legal secretary once employed by the firm.

Pro Bono Academy Offers Advice to Small Businesses

Tania Karas : New York Law Journal : January 04, 2013

An event at the Apollo Theater in Harlem on Tuesday brought together volunteer lawyers from 31 firms and entrepreneurs and heads of small nonprofits, many of whom had never gotten counsel on their businesses from an attorney before, let alone one from a big corporate law firm.

The Experts

: New York Law Journal : January 30, 2013

The New York Law Journal thanks our legal columnists who have been contributing to the Law Journal from the 1960s to the present day.

Claiming Loss of Equity, Developers Sue Stroock

Christine Simmons : New York Law Journal : January 28, 2013

A development company and its two founders have filed an $80 million malpractice suit against Stroock & Stroock & Lavan, claiming the law firm assigned an "inexperienced associate" to represent them in the development of a Tribeca condo, causing them to lose equity in the project.

D.C. MOVES

: The National Law Journal : January 28, 2013

Can U.S. Lawyers Make Iran Pay for 1983 Bombing?

Julie Triedman : The American Lawyer : January 28, 2013

Attorneys for the families of Marines killed in Lebanon won a $2.65 billion default judgment against Iran in 2007. But collecting the money has been an uphill battle.