2019 Vault Rankings
Stroock is multi-disciplinary law firm known for 140 years as an adviser to the financial services and investment communities and for its special focus in financial restructuring, real estate, investment management/funds, and litigation/enforcement.
Big Brother, Little Brother
New York University Law graduate M. Warley Platzek opened a practice in New York City in 1876. He was joined by Columbia Law grad Moses J. Stroock and fellow NYU-er Paul M. Herzog. Much of the firm's early success stemmed from Stroock's connections to New York's political elite. A Tammany Hall insider, Stroock was eventually appointed to the state's Supreme Court. The firm's second Stroock—Moses' younger brother Sol M. Stroock—came on board in 1907. By that point Platzek had left, so Stroock & Stroock it was.
Bourbon, Cigars, and a Haitian Dictator
The Stroock brothers' ties to Manhattan's German-Jewish business community benefited their practice, but as the 20th century continued, a variety of clients joined the fold. Stroock represented some of New York's wealthiest families, as well as clothing manufacturers and shipping companies. The firm also advised Wholesale Liquor Dealers of New York and the Kentucky Distillers and Warehouse Company (which lawyered up after Prohibition passed).
But it was cigars—not booze—that brought in the bulk of Stroock's revenues in the 1920s. The firm’s leading client was the United Cigar Stores Company. The relationship dissolved with UCSC's bankruptcy, but it helped gain Stroock additional work with tobacco clients, including Lucky Strike. Partner Peter Lavan joined the firm in the 1930s and helped grow its corporate and financial practices. The name Stroock & Stroock & Lavan was chosen in 1943.
In the 1980s, Stroock grew via a major merger with Olnick Boxer Blumberg Lane & Troy, a New York real estate firm that brought with it clients like Bear Stearns and Chemical Bank. It also gained international attention after being chosen by the government of Haiti to pursue national funds stolen by Jean-Claude Duvalier during his reign as president (the money was, of course, in a secret Swiss bank account).
Three is the Magic Number
With close to 300 attorneys, Stroock is based stateside, with locations in New York, LA, Miami, and DC. Real estate, corporate finance, and litigation are the firm's core strengths, but recent years have brought a new focus on international business, technology, financial restructuring, and intellectual property practices. The firm’s client roster includes such names as American Express Company; A&E Real Estate Holdings, LLC; JP Morgan; and The Ultimate Software Group, Inc.
180 Maiden Lane
New York, NY 10038
Phone: (212) 806-5400
Employer Type: Private
Co-Managing Partners: Jeffrey R. Keitelman & Alan M. Klinger
Hiring Partner: Claude G. Szyfer
Total No. Attorneys 2019: 256
New York, NY
1st year: $190,000
2nd year: $200,000
3rd year: $220,000
4th year: $255,000
5th year: $280,000
6th year: $305,000
7th year: $325,000
8th year: $340,000
Summer associate: $3,653/week
16 out of 16 (2018) (2Ls only)
Los Angeles, CA
New York, NY—Downtown (HQ)
New York, NY—Midtown
Investment Management/Private Funds
Commodities, Energy, & Corporate Transactions
Financial Services Litigation & Enforcement
Government Affairs, Government Contracts, & National Security
Entertainment & Intellectual Property
Personal Client Services