2021 Vault Rankings
- Firm Culture#13
- Pro Bono#24
At a Glance
“Culture. Culture. Culture. People at Proskauer are just really great.”
“The level of responsibility you are entrusted with early on.”
“The ebbs and flows of the work that is coming in.”
“I wish there was an opportunity for merit-based bonuses instead of having a fixed bonus for each level of associate.”
About Proskauer Rose LLP
Proskauer Rose is practically synonymous with “sports law”—clients include Major League Baseball, the National Football League, the National Hockey League, and the National Basketball Association. Although flashy, this reputation shortchanges the firm’s incredibly diversified work, which features top-notch corporate, litigation, tax, private client services, entertainment, and labor and employment practices.
From Small Business to Big Business
Firm forefather William R. Rose opened up shop in downtown Manhattan in 1875 at the sprightly age of 21. Rose’s first clients were local retailers, and his skill soon caught the attention of New York’s burgeoning business class, who hired Rose’s firm to represent them in corporate and personal estate matters. The firm’s reputation (and headcount) continued to grow, and by 1907, name partner Benjamin Paskus—a tax specialist—joined the firm. The outfit founded a successful tax practice following the Sixteenth Amendment’s passage in 1913. Joseph Proskauer joined the firm in 1930 and ushered in a new era for the firm. Proskauer’s passion for music forged connections with Carnegie Hall and some of America’s most prominent musicians, including Leonard Bernstein, whose estate is still handled by the firm.
Labor, Layups, and Lead Passes
Proskauer lawyers are leaders in labor and employment, consistently ranking in the top 10 of Vault’s practice area ranking. Among the areas the firm covers are employee benefits and executive compensation, employment counseling, employment litigation and class actions, labor/management relations, non-compete and trade secrets, strategic corporate planning, and whistleblowers. The firm gets its insights into the blog-o-sphere through its Law and the Workplace blog and even has a podcast on employee benefits and executive compensation.
Proskauer is officially the king of media, entertainment, and sports—the firm holds the No. 1 spot in Vault’s Media, Entertainment, & Sports ranking. The firm’s sports law practice began in 1963, thanks to partner George Gallantz, who represented a young organization called the National Basketball Association. Three years later, an attorney named David Stern joined the firm—Stern went on to serve as the NBA’s counsel, executive vice president, and, finally, commissioner (he retired in February 2014). The firm also counts Gary Bettman, commissioner of the National Hockey League, among its notable alumni. The firm’s sports-related experience includes everything from M&A and financing to stadium negotiations and collective bargaining to employment and litigation to IP and licensing—and that’s just the tip of a very big iceberg.
Beyond labor and sports, Proskauer boasts a nationally recognized Private Investment Funds group, as well as litigators who handle cutting-edge intellectual property matters and defend major white collar cases.
You May Have Heard of Them
Proskauer shines across its practice areas. It’s fitting that the firm’s client roster glitters, too. Among the firm’s clients are Ardian, JP Morgan, Bank of America, Tiffany, Neuberger Berman, all of the major sports leagues, Burberry, Barney’s, Coca-Cola, Creative Artists Agency, Church & Dwight, Diageo, Hermès, Hulu, Johnson & Johnson, Sony Pictures, the Broadway League, MoMA, Neiman Marcus, T-Mobile, MetLife, The New York Times, and the New York Stock Exchange.
News & Awards
The firm’s bankruptcy team serves as leading outside counsel to the Financial Oversight and Management Board for Puerto Rico in its historic restructuring as the largest-ever U.S. local government to file for bankruptcy. The team also represented unsecured claimholders in nuclear services company Westinghouse Electric Co.’s Chapter 11 bankruptcy proceedings, as well as its subsequent sale to Brookfield Asset Management Inc. for $4.6 billion.
Proskauer’s recent deals include advising Discovery in both its $2 billion+ strategic alliance with PGA Tour; representing Major League Soccer (MLS) in the league’s expansion to St. Louis, the first female majority‐owned club in MLS history; ForgeLight in its purchase of a majority stake in Univision Holdings, Inc.; and the Los Angeles 2028 Organizing Committee’s partnership with NBCUniversal. Additionally, in the first six months of 2020, the firm advised on business development company (BDC) transactions valued in excess of $1 billion.
Proskauer continues to actively support its communities. The firm joined the ACLU of Louisiana’s campaign to dismantle racially discriminatory policing practices. “Justice Lab: Putting Racist Policing on Trial” is the initiative bringing a wave of lawsuits challenging racially motivated stops, seizures, searches, false arrests and uses of force in Louisiana. Additionally, the firm has set an annual goal of committing 25,000+ hours to pro bono matters that focus on racial equity and justice.
- In 1930, Proskauer organized Hermes of Paris, Inc. as a corporation for French client Hermes, believed to be the firm’s longest continuing client.
- Proskauer’s entertainment practice has its roots in the 19th century, when it represented theater industry impresarios such as Charles Frohman, manager of John Drew and Ethel Barrymore, and Maurice Grau, manager of the Metropolitan Opera.
- In 1991, Proskauer represented Simon & Schuster in the Supreme Court case challenging the constitutionality of the “Son of Sam” victims’ compensation legislation, ruling criminals cannot profit from their crimes.
- In 2016, Proskauer won two patent infringement cases against Apple, related to iPhone features, for client MobileMedia Ideas.
- Innovation Award, 2020—New York Law Journal
- Best Place to Work for LGBTQ Equality, 2020—Human Rights Campaign
- Impact Case of the Year: In re the Financial Oversight and Management Board for Puerto Rico, 2020—Benchmark Litigation
- Bankruptcy Firm of the Year, 2020—Benchmark Litigation
- Hospitality Group of the Year, 2019—Law360
Why Work Here
The world’s leading organizations and global players rely on Proskauer to help achieve their most daring ambitions and to overcome their most daunting challenges. Business savvy and market driven, Proskauer’s intellectual capital drives success. We are proud of the firm’s many achievements and hard-earned recognitionsacross a full spectrum of transactional and contentious practices.
When you build a career at our Firm, you’ll work with the best minds in the business. Our top-tier team – 725 strong – of star trial attorneys, acclaimed transactional lawyers and exceptionally talented partners and associates have earned a reputation for relentlessly pursuing excellence as they secure victories, help to build businesses, and set precedents around the world.
11 Times Square
New York, NY 10036
Phone: (212) 969-3000
Chair: Steven M. Ellis
Recruiting Chairs: Matthew Triggs (Boca Raton), Galen Lewis and Vincenzo Lucibello (Boston), Marc Rosenthal (Chicago), Guy Brenner (DC), Doug Frank and Jennifer Roche (LA), Nicole Eichberger (New Orleans), Michael Mervis (NY)
Total No. Attorneys 2020:
500 - 750
No. of Partners Named 2020:
Boston; Chicago; Los Angeles; New York; Washington, DC
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: $3,654/week
Rachel L. Kleiner
Director of Legal Recruiting
No. of U.S. Offices: 8
No. of International Offices: 5
Boca Raton, FL
Los Angeles, CA
New Orleans, LA
New York, NY (HQ)
Washington, DC I Beijing
Bankruptcy & Restructuring
Mergers and Acquisitions
Employee Benefits, Executive Compensation & ERISA Litigation
Labor & Employment
Private Client Services
*See firm website for complete list of practice areas and industries.