Nixon Peabody and Stroock & Stroock & Lavan have walked away from merger talks, the law firms confirmed Friday.
“While we have great mutual respect for what we each offer the marketplace, together we decided that further talks are not in the best interests of either firm,” a Stroock spokesperson said in an email statement.
The Manhattan-based firm has for months explored a possible merger with multiple competitors amid a growing number of partner departures. The American Lawyer reported in May that Stroock had planned to merge with Nixon Peabody, eyeing a combination this summer.
The Stroock spokesperson said Friday ...
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