Ed. note: Welcome to our daily feature, Quote of the Day.
In New York, you require critical mass and this is a very good step in the right direction. But it’s definitely not the end of our growth plan for New York.
— Miguel Zaldivar, CEO of Hogan Lovells, in comments given to Bloomberg Law on the firm’s hiring of nearly 70 partners and associates from Manhattan-based Stroock & Stroock & Lavan before the ailing firm decided to close its doors. For the most part, the Stroock partners joining Hogan are located in New York.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter and Threads or connect with her on LinkedIn.