Midsize Firm Kicks Off The New Year By Announcing Plans To Close Its Doors
Staff at the firm were apparently blindsided by the news.
4 Ways Your Firm Can Build Economic Resilience
It’s the key to long-term success in an uncertain business climate.
Yet Another Biglaw Firm Closes Up Shop At One Of Its China Offices
The office closure trend continues into the new year, marking the 16th U.S.-based firm to reduce its presence in China.
The Law Firms We Lost In 2024
Gone but not forgotten.
Well-Known Midsize Boston Firm Shutters After Biglaw Firms Poach Half Its Lawyers
The longtime midsize firm was unable to find a suitable merger partner to save it from closure.
Will Former Stroock Partners Ever See Their Capital Again?
Former Stroock partners would love to know if they're going to receive a distribution of capital as part of the firm's wind-down process. Their wallets are waiting...
Stroock Staffers Were ‘Ignored’ By Partners, Left ‘In The Dark’ About Firm’s Dire Straits
Stroock staffers are now facing layoffs amid an uncertain employment market, and say they were left to fend for themselves during the firm's troubles.
Partners Need To Leave Stroock ASAP, Lest They Risk Their Profits
Get out before the dissolution, Stroock partners, because your money depends on it.
Bankruptcy Option Won’t Be ‘Pretty’ For Stroock
Here's why Stroock will do anything it can to stay away from bankruptcy.
Stroock Working On Wind Down, Trying To Keep Firm Out Of Bankruptcy
This mess started when the firm lost its bankruptcy group, and now the firm doesn't want to end up in bankruptcy.
How Filevine’s New DraftAI Cuts Out Hours Of Writing Work
Now it transforms your document creation with natural language prompts.
Stroock To Dissolve, Close Its Doors After Nearly 150 Years In Business
The firm knew of these plans since last week.
Partners May Be Able To Find Lateral Safety At Other Firms If Stroock Closes Its Doors
Maybe even at firms that were discussing merging with Stroock....
‘Historic’ Midsize Firm Decides To Close Its Doors For Good
Many were shocked by the firm's choice.
Morning Docket: 09.04.19
* Just in case no one saw this one coming, LeClairRyan has filed for bankruptcy. The firm owes $15 million to two secured creditors. [American Lawyer] * Like it or not, the next recession is coming: Some law firms will struggle more than others, and "once this party ends, its going to end very quickly and it’s going to end very severely." [Big Law Business] * What's wrong with the bar exam? This is what the National Conference of Bar Examiners’ Testing Task Force is taking its sweet time trying to figure out. [Law.com] * Law school classes come in all sizes, but you may want to think about how yours will affect the attention you'll receive, your social life, your networking opportunities, and most importantly, your ranking. [Law Admissions Lowdown / U.S. News] * Thank u, next? Pop star Ariana Grande has filed a $10 million lawsuit against Forever 21 after the store allegedly hired a look-alike model for a social media campaign, rather than Grande herself. [THR, Esq. / Hollywood Reporter]
LeClairRyan: Mistiming The End Of The Legal Monopoly
Leadership at the collapsing Am Law 200 firm pushed all in on a vision of the future that never came to pass.