TBA Law Blog


Posted by: Paul Burch on Dec 28, 2023

New York's law firms have often been bellwethers for the U.S. legal industry, setting expectations in areas such as salaries and sometimes bearing the brunt of downturns. Reuters reports on several year-end trends including the rise in law firm mergers (41 in 2023), the move away from single-tier partnerships and the closing of Stroock & Stroock & Lavan, founded in 1876.