Shearman & Sterling has approved cuts to its pension program before the successful vote to merge with Allen & Overy, according to reporting by Law.com.
Holland & Knight is citing a lack of jurisdiction in a motion to dismiss a lawsuit accusing it of mistakenly sending $3.1 million to hackers using a Hong Kong account for a furniture store.
Ulmer & Berne and Greensfelder Hemker & Gale announced Tuesday that they are merging effective Feb. 1, a combination that will produce a “super-regional firm” with about 275 lawyers in nine offices.
Before Stroock & Stroock & Lavan announced plans to dissolve “at the appropriate time,” the law firm appeared to be readying for an "orderly dissolution" that does not put partners at risk.
Updated: Partners at Stroock & Stroock & Lavan have authorized a dissolution of the law firm “at the appropriate time,” according to an internal firm email obtained by Law.com.
Pillsbury Winthrop Shaw Pittman confirmed Thursday that it is discussing a possible merger with Stroock & Stroock & Lavan after the latter law firm failed to reach a merger deal with Nixon Peabody.
Law firms in the United States continue to face some financial challenges after drops in demand and productivity in the first six months of 2023, according to a new report from Wells Fargo’s Legal Specialty Group.
According to two New York partners, the increase started with the #MeToo movement in 2017, when an article was published about former film producer Harvey Weinstein.
Stroock & Stroock & Lavan has said it continues to talk with other law firms about a possible merger after 27 of its lawyers left for Steptoe & Johnson.
