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Stroock & Stroock & Lavan LLP

Full company profile

uuid000l5h7

Namestring
Stroock & Stroock & Lavan LLP
Legal namestring
Stroock & Stroock & Lavan LLP
Websiteurl
stroock.com
Company typeenum
Private
Founded yearint
1875
Descriptiontext

Stroock & Stroock & Lavan LLP was a New York-based limited liability partnership and law firm founded in 1875, operating for nearly 150 years before its closure. The firm historically served financial institutions, real estate clients, and litigation matters, with a headcount in the 501–1,000 range. No core technology platform, proprietary product suite, or technology-enabled service model is described in the source material; the technology function appears to have consisted of standard internal IT support under a single Director of Information Technology.

The firm's business model was that of a traditional full-service law firm: partner-driven client engagements billed on hourly or retainer terms across practice areas including financial services, real estate, estate planning, and litigation. The firm did not pursue technology-enabled productization, alternative fee arrangements at scale, or external capital; it was privately held as an LLP with no parent company, institutional investors, or external ownership structure.

In October 2023, the firm announced its closure citing partner departures and stalled merger talks, entered formal dissolution on November 17, 2023, and ceased providing legal services effective December 31, 2023. A court-approved wind-down, led by Gary Polkowitz of Teneo Capital LLC as Liquidation Manager and overseen by a three-member winddown committee of retired and former partners, concluded on December 31, 2025. The wind-down achieved settlements with creditors holding over 99% of unsecured claims and distributed 55.50% of agreed claims — a recovery rate the source characterizes as substantially exceeding typical law firm liquidation outcomes — over a 26-month period. Client matters were transferred to successor firms including Porzio, Bromberg & Newman (estate planning) and Crowell & Moring (the Gulino v. Board of Education litigation). The firm is now fully dissolved and no longer conducts business.

Short descriptiontext

Stroock & Stroock & Lavan LLP was a New York-based law firm founded in 1875 that served financial institutions, real estate, and litigation clients. The firm dissolved on December 31, 2025 after announcing closure in October 2023 due to partner departures, and is no longer operating.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
legal services, law firm, corporate counsel, litigation services, estate planning
SIC code1 code
  • Services-Legal Services8111
Product category
Legal Services
Social media profiles1 record
Cost components3 values
Personnel, Operations, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Stroock & Stroock & Lavan LLP was a New York-based limited liability partnership that historically provided legal services — including estate planning, litigation, and counsel to financial institutions — for nearly 150 years. The firm ceased providing legal services effective December 31, 2023, and completed its formal dissolution and wind-down as of December 31, 2025. The firm no longer offers any active products or services; the website is maintained solely for winddown communications.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • 55.50% creditor recovery rate substantially exceeded typical law firm liquidation outcomes
Product overview1 text field

Stroock & Stroock & Lavan LLP was a historic law firm that has completed its dissolution as of December 31, 2025. The firm entered dissolution on November 17, 2023, and ceased providing legal services effective December 31, 2023. The dissolution process was led by Gary Polkowitz of Teneo Capital LLC as Liquidation Manager. No active products or services are offered; the company has fully wound down its affairs.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1Teneo Capital LLC
Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2023-11-17
Description

Teneo Capital LLC served as the winddown administrator, with Gary Polkowitz, a Senior Managing Director, acting as Liquidation Manager overseeing the 26-month dissolution process. Subject to oversight by a three-member winddown committee comprised of retired and/or former partners of the Stroock law firm.

2Porzio, Bromberg & Newman P.C.
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Served as the contact for clients who previously retained Stroock's estate planning group to draft wills or related documents. Handles inquiries regarding original documents previously maintained by Stroock.

3Crowell & Moring
Strategic tierMinorTypeImplementation/ SI/ Consulting Partner
Description

Designated as the contact for inquiries regarding the Gulino v. Board of Education case (Case No.: 1:96-cv-08414-KMW), handling client referrals from the dissolved Stroock firm.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight1 record

Each record includes

Type, Description

Market position
Competitive moat2 records

Each record includes

Type, Details

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Stroock & Stroock & Lavan LLP

Legal Servicesstroock.com

Stroock & Stroock & Lavan LLP was a New York-based law firm founded in 1875 that served financial institutions, real estate, and litigation clients. The firm dissolved on December 31, 2025 after announcing closure in October 2023 due to partner departures, and is no longer operating.

What Stroock & Stroock & Lavan LLP does

Stroock & Stroock & Lavan LLP was a New York-based limited liability partnership and law firm founded in 1875, operating for nearly 150 years before its closure. The firm historically served financial institutions, real estate clients, and litigation matters, with a headcount in the 501–1,000 range. No core technology platform, proprietary product suite, or technology-enabled service model is described in the source material; the technology function appears to have consisted of standard internal IT support under a single Director of Information Technology.

The firm's business model was that of a traditional full-service law firm: partner-driven client engagements billed on hourly or retainer terms across practice areas including financial services, real estate, estate planning, and litigation. The firm did not pursue technology-enabled productization, alternative fee arrangements at scale, or external capital; it was privately held as an LLP with no parent company, institutional investors, or external ownership structure.

In October 2023, the firm announced its closure citing partner departures and stalled merger talks, entered formal dissolution on November 17, 2023, and ceased providing legal services effective December 31, 2023. A court-approved wind-down, led by Gary Polkowitz of Teneo Capital LLC as Liquidation Manager and overseen by a three-member winddown committee of retired and former partners, concluded on December 31, 2025. The wind-down achieved settlements with creditors holding over 99% of unsecured claims and distributed 55.50% of agreed claims — a recovery rate the source characterizes as substantially exceeding typical law firm liquidation outcomes — over a 26-month period. Client matters were transferred to successor firms including Porzio, Bromberg & Newman (estate planning) and Crowell & Moring (the Gulino v. Board of Education litigation). The firm is now fully dissolved and no longer conducts business.

Stroock & Stroock & Lavan LLP firmographics

Firmographics
Name
Stroock & Stroock & Lavan LLP
Legal name
Stroock & Stroock & Lavan LLP
Website
https://stroock.com
Company type
Private
Founded year
1875
Operating status
Closed
Headcount range
501–1,000 employees
Short description
Stroock & Stroock & Lavan LLP was a New York-based law firm founded in 1875 that served financial institutions, real estate, and litigation clients. The firm dissolved on December 31, 2025 after announcing closure in October 2023 due to partner departures, and is no longer operating.
Ownership category
akta.pro rank

Where Stroock & Stroock & Lavan LLP is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Markets served

Stroock & Stroock & Lavan LLP business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Others

Stroock & Stroock & Lavan LLP product offering

Product offering

Core offering

Stroock & Stroock & Lavan LLP was a New York-based limited liability partnership that historically provided legal services — including estate planning, litigation, and counsel to financial institutions — for nearly 150 years. The firm ceased providing legal services effective December 31, 2023, and completed its formal dissolution and wind-down as of December 31, 2025. The firm no longer offers any active products or services; the website is maintained solely for winddown communications.

Product overview

Stroock & Stroock & Lavan LLP was a historic law firm that has completed its dissolution as of December 31, 2025. The firm entered dissolution on November 17, 2023, and ceased providing legal services effective December 31, 2023. The dissolution process was led by Gary Polkowitz of Teneo Capital LLC as Liquidation Manager. No active products or services are offered; the company has fully wound down its affairs.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

  • 55.50% creditor recovery rate substantially exceeded typical law firm liquidation outcomes

Companies that use Stroock & Stroock & Lavan LLP

Customer profile

Segments1 record

Ideal customer profiles1 record

Stroock & Stroock & Lavan LLP technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Stroock & Stroock & Lavan LLP partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • Teneo Capital LLCcoreImplementation/ SI/ Consulting Partner · 17 November 2023Teneo Capital LLC served as the winddown administrator, with Gary Polkowitz, a Senior Managing Director, acting as Liquidation Manager overseeing the 26-month dissolution process. Subject to oversight by a three-member winddown committee comprised of retired and/or former partners of the Stroock law firm.
  • Porzio, Bromberg & Newman P.C.minorImplementation/ SI/ Consulting PartnerServed as the contact for clients who previously retained Stroock's estate planning group to draft wills or related documents. Handles inquiries regarding original documents previously maintained by Stroock.
  • Crowell & MoringminorImplementation/ SI/ Consulting PartnerDesignated as the contact for inquiries regarding the Gulino v. Board of Education case (Case No.: 1:96-cv-08414-KMW), handling client referrals from the dissolved Stroock firm.

Scale indicators5 records

Recent moves7 records

Expansion highlights1 record

Stroock & Stroock & Lavan LLP competitors and assessment

Company assessment

Market position

Competitive moat2 records

Key highlights5 records

Customer concentration

Stroock & Stroock & Lavan LLP social profiles

Digital presence

Stroock & Stroock & Lavan LLP financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Stroock & Stroock & Lavan LLP leadership team

Management profile

Number of profiles

Stroock & Stroock & Lavan LLP funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Stroock & Stroock & Lavan LLP M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stroock & Stroock & Lavan LLP

What does Stroock & Stroock & Lavan LLP do?

Stroock & Stroock & Lavan LLP was a New York-based limited liability partnership that historically provided legal services — including estate planning, litigation, and counsel to financial institutions — for nearly 150 years. The firm ceased providing legal services effective December 31, 2023, and completed its formal dissolution and wind-down as of December 31, 2025. The firm no longer offers any active products or services; the website is maintained solely for winddown communications.

Is Stroock & Stroock & Lavan LLP a public or private company?

Stroock & Stroock & Lavan LLP is a private company. It is classified as management employee owned and is currently closed.

When was Stroock & Stroock & Lavan LLP founded?

Stroock & Stroock & Lavan LLP was founded in 1875. It employs 501 to 1,000 people.

Where is Stroock & Stroock & Lavan LLP based?

Stroock & Stroock & Lavan LLP is headquartered in New York, United States, in the North America region.

Does Stroock & Stroock & Lavan LLP have an API?

No public API is recorded for Stroock & Stroock & Lavan LLP.

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Live signals
PR NewswireFormer Law Firm Stroock & Stroock & Lavan LLP Completes DissolutionThe former law firm Stroock & Stroock & Lavan LLP has completed its out-of-court winddown and formal dissolution as of December 31, 2025, after nearly 150 years of practicing law. Under the leadership of Gary Polkowitz of Teneo as Liquidation Manager, the firm reached settlements with creditors holding over 99% of unsecured claims and distributed 55.50% of agreed claims to creditors, a rate described as substantially exceeding typical law firm liquidation outcomes. The winddown was completed in 26 months.Bloomberg Law NewsDefunct Stroock Races to Wind Down, Years After Abrupt CollapseStroock & Stroock & Lavan, a 150-year-old New York law firm that abruptly collapsed in October 2023, is rushing to complete its wind-down by year-end, petitioning a New York court to approve dispersing unclaimed client funds to the state by December 15. The firm has already returned approximately $2.2 million to former clients and seeks judicial approval for nearly $750,000 in payments to the New York Lawyers' Fund for Client Protection. The collapse followed waves of partner departures to rival firms including Paul Hastings, Hogan Lovells, and Crowell & Moring, with the vast majority of unsecured creditors having agreed to a settlement accepting partial debt repayment.PR NewswireStroock Law Firm Settlement With Creditors Has Gone EffectiveStroock & Stroock & Lavan LLP announced that its settlements with all major creditors have gone effective, enabling the consensual and orderly completion of its out-of-court winddown and asset distribution. The law firm entered dissolution on November 17, 2023, after several large partner groups departed, with Gary Polkowitz of Teneo appointed as Liquidation Manager to oversee the process. Under the settlement, senior unsecured creditors are estimated to recover 60% of their allowed claim amounts, with small claimants offered a one-time payment of 40%, and over 90% of creditors agreed to the terms by the end of December 2024.PR NewswireStroock Law Firm Confirms DissolutionStroock & Stroock & Lavan LLP confirmed it is dissolving following the departure of 28 partners and additional attorneys to Hogan Lovells on November 17, 2023, when the Dissolution Plan became effective. Gary Polkowitz, a Senior Managing Director at Teneo, was appointed Liquidation Manager to oversee the winddown, with only a few remaining attorneys set to vacate before year-end. The firm has hired Togut, Segal & Segal LLP as legal counsel and restructuring expert David Pauker as Special Advisor to manage the dissolution process.PR NewswireMcDermott Deepens Private Client Practice with Three Hires in New York and MiamiInternational law firm McDermott Will & Emery announced the hiring of three attorneys—Anita Rosenbloom, John Kiely, and Jay Scharf—to its Private Client Practice Group in New York and Miami. The new hires join from Stroock & Stroock & Lavan LLP, bringing extensive experience in estate planning and wealth management for ultra-high-net-worth clients. This expansion aims to enhance the firm's capabilities in serving complex private client needs.PR NewswireRoss Moskowitz Honored by the NYSBA's Committee on Diversity, Equity, and InclusionRoss F. Moskowitz, a partner at Stroock & Stroock & Lavan LLP, has been selected as a recipient of the John E. Higgins, Esq., Diversity Trailblazer Award from the New York State Bar Association (NYSBA). The award recognizes his efforts in promoting diversity and inclusion within the legal profession, including his leadership roles at his firm and pro bono initiatives. The ceremony is scheduled to take place during the NYSBA's Annual Meeting on January 18, 2023.PR NewswireStroock Expands its Financial Services Litigation, Regulatory and Enforcement Group with Andrew Owens in New YorkStroock announced the hire of Andrew Owens as a partner in its Financial Services Litigation, Regulation and Enforcement group in New York. Owens brings experience advising payment card issuers and retailers on consumer financial services regulation, including matters involving TILA, EFTA, and FCRA. The addition is part of Stroock's broader expansion of its financial services practice and follows recent hires to the firm's restructuring group.PR NewswireStroock Adds Restructuring and Bankruptcy Group in New YorkStroock, a New York-based law firm, announced the expansion of its Restructuring and Bankruptcy practice with the addition of a six-attorney team from Luskin, Stern & Eisler, a Chambers-ranked boutique firm. The team includes partners Richard Stern, Matthew O'Donnell, Alex Talesnick, and Stephan Hornung, senior counsel Michael Luskin, and associate Genna Grossman, with Richard Stern serving as Co-Chair alongside existing partner Jeffrey Lowenthal. The firm stated this move is designed to strengthen its representation of banks and financial institutions ahead of an anticipated increase in restructuring activity.PR NewswirePryor Cashman Adds Leading Entertainment Attorneys James Sammataro & Hans HertellPryor Cashman, a midsized law firm headquartered in New York, has announced the addition of entertainment attorneys James Sammataro and Hans Hertell as Partners, with Sammataro set to co-lead the firm's Media + Entertainment Group. Sammataro previously led the entertainment practice at Stroock & Stroock & Lavan LLP and brings 20 years of experience representing Fortune 500 companies, media clients, record labels, music publishers, brands, celebrities and professional sports teams in high-profile disputes. The firm stated this brings its total new partner hires to nine over the past 12 months, with the new attorneys to be based in Los Angeles and Miami offices.PR NewswireStroock's Private Funds Group Adds Former Investment Management GC and Compliance Counselor Michael Emanuel as Partner in New YorkStroock & Stroock & Brandt has appointed Michael Emanuel as a partner in its Private Funds Group based in New York. Emanuel joins from Eagle Investment Solutions, bringing extensive experience in regulatory and compliance counsel for major investment management firms and banks. This hire is part of the firm's ongoing effort to strengthen its legal team advising private funds and family offices.