Wake Up Call: Nixon Peabody, Stroock Plan Merger, Report Says

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• Nixon Peabody and Stroock & Stroock & Lavan declined to confirm or deny a rumor that they are planning to merge. American Lawyer cited “sources with independent knowledge of the talks” for its report that the firms plan to announce a tie-up this summer. Stroock, which has wobbled since it was hit last year by a mass exit of 43 restructuring lawyers to Paul Hastings, followed by other group exits, has also talked tie-up with McGuireWoods, Steptoe & Johnson, ...