Stroock has previously engaged in merger discussions with McGuireWoods, Steptoe & Johnson and Squire Patton Boggs.
May 11, 2023 at 04:47 PM
4 minute read
What You Need to Know
- Stroock and Nixon Peabody have made plans to announce a combination this summer, sources with knowledge of the firms say.
- In prepared statements, the firms declined to confirm or deny the merger talks but said they are open to such opportunities.
- Stroock has been on the hunt for a merger partner since losing 43 restructuring lawyers to Paul Hastings, followed by other group departures.
Stroock & Stroock & Lavan and Nixon Peabody are discussing a merger between the firms, targeting this summer for announcing the combination publicly, sources with independent knowledge of the talks say.
Stroock has been in the market for a merger partner as a recourse to the costly departure of 43 financial restructuring lawyers to Paul Hastings last March, which has been followed by several other sizeable group exits.
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