Schulte Roth & Zabel LLP at a Glance


  • “Never a dull day”
  • “Rapid development and responsibility”
  • “Lawyers are not pinstripe wearing, egomaniacs”


  • “Limited promotion prospects”
  • “Unpredictable hours”
  • “Opaque decision-making”

The Buzz

  • “Solid”
  • “Focused”
  • “Insane hours”
  • “One-trick pony”

About Schulte Roth & Zabel LLP

Schulte Roth & Zabel LLP has defined itself as the go-to firm for hedge funds and their ilk. While this practice focus translates into double-digit profits and aggressive growth during boom years, the firm has, smartly, tried to diversify its offerings over the years in order to ride out the inevitable bumps in the economy.

Hedging Their Niche

Founded in 1969 by a small group of attorneys who wanted to escape the traditional BigLaw model, Schulte Roth & Zabel primarily advises clients in the financial services industry, with a particular emphasis on representing investment management firms. Relatively narrow in practice scope by BigLaw standards, Schulte trains its focus on real estate, M&A and-most notably-providing a one-stop shop for all the legal needs of hedge and private equity funds (of which it has counted hundreds as clients over the years). 

With clientele ranging from GMAC to the Quigley Company Inc., Schulte made strides toward growing both its client roster and practice coverage prior to the onset of the global economic crisis, which so sharply curbed transactional and financing work. In fact, the firm has enjoyed quite a bit of success in its employment, IP and litigation practice areas. But make no mistake-the corporate and securities work still drives the firm, which is evident from the many investment banks, hedge and private equity funds, banks, broker-dealers, investment advisers, venture capitalists and pension funds the firm counts among its clients.

Financial Services Focus

Both Schulte's New York headquarters and its comparatively new (opened in 2002) London office have been recognized for their investment management work. Schulte represents a high percentage of the brand names of the fund industry, including private equity firm Cerberus-a client since 1990. In spring 2007, Cerberus, in what hindsight proved was an ill-fated move, acquired roughly 80 percent of Chrysler. The deal was immense and complex, and like many of the other huge deals the firm runs, created work for nearly every practice group under Schulte's roof(s). Three years later, the firm was called upon to aid Cerberus in the sale of Chrysler.

A large percentage of Schulte attorneys specialize in catering to hedge funds and other investment managers. The U.K. office came to be largely due to a sharp uptick in European hedge fund activity, and more recently, the DC office was established to provide litigation and securities regulatory capability.

Focus on Service

The firm, like most, touts its commitment to pro bono work, and Schulte can certainly back up its claims. It was the first firm to place its summer associates in one-week internships with area public interest organizations and has a special counsel dedicated to overseeing its pro bono efforts. Its attorneys average over 65 hours of pro bono activity per year, and the hours spent count toward the annual billable hours requirement.



A Top Firm for Funds

SRZ again was ranked as the top legal service provider for hedge funds based on AUM in 2014 in the annual Market Microstructure Hedge Fund Industry Report. SRZ is also the only law firm ranked in Band 1 for Investment Funds: Hedge Funds in the Chambers Global, U.K. and U.S. Nationwide guides, as well as The Legal 500 United Kingdom. The firm was named the Investment Funds - Alternative/Hedge Funds Law Firm of the Year at The Legal 500 United States Awards 2014 and the Leading Global Law Firm at the 2015 Hedge Fund Journal Awards.

March 2015

Ensuring Meaningful Public Defense

SRZ litigators, serving as pro bono counsel in Hurrell-Harring v. New York for seven years alongside co-counsel New York Civil Liberties Union, in October 2014 announced  a historic settlement that overhauls public defense in five counties and lays the foundation for statewide reform of New York's indigent defense system. Under the settlement, which was approved on March 11, 2015, New York State acknowledged its constitutional responsibility to provide lawyers to poor defendants who have been forced to navigate the criminal justice system undefended and alone.

January 2015


SRZ advised Albertsons and an investor group led by Cerberus Capital Management in the $9.2-billion merger of Safeway, the second largest traditional supermarket in the United States. The deal follows Albertsons' $3.3-billion acquisition from SUPERVALU INC. of its Albertsons, Acme, Jewel-Osco, Shaw's and related Osco and Sav-on in-store pharmacies. The firm also advised Albertsons on the acquisition of United Supermarkets. The resulting company will have approximately 2,230 grocery stores, 27 distribution facilities and 19 manufacturing plants and will employ more than 250,000 people.

Success in the Shareholder Activism Market

In the January 2015 issue of FactSet's  Flashwire U.S. Monthly, SRZ ranked second on the list of "Company Activism-Top Law Firms," based on total campaigns with U.S.-targeted companies in 2014.  In the past year, SRZ also expanded its activism practice into the United Kingdom and advised high-profile activist clients in numerous campaigns worldwide, including a successful campaign that led to PetSmart's sale to a consortium led by BC Partners for $8.7 billion and the securing of four board seats at Bob Evans Farms where the CEO also resigned.

Lift-Out Litigation's Global Finale

SRZ litigators represented London-based interdealer broker Tullett Prebon plc in the $100-million settlement of a suit against rival BGC Partners Inc., which Tullett sued in 2009 for BGC's raid on Tullett's New Jersey-based business, in which BGC paid approximately $20 million to Tullett desk heads to lift out nine desks of brokers. The settlement requires BGC to pay Tullett $100 million on top of the $33 million SRZ won for Tullett subsidiaries in a related FINRA arbitration. All outstanding litigation across the globe - 10 lawsuits in all - between the parties is now concluded.

New Faces

Prominent securities litigator and former senior SEC official Charles Clark joined the Washington, DC. office. Leading litigators Adam Hoffinger and Robert Salerno also joined the DC office, with Adam, a former AUSA for the SDNY, co-chairing the White Collar Defense & Government Investigations Group with renowned attorney Barry Bohrer. Seetha Ramachandran joined the Litigation Department in New York from the DOJ, where she was Deputy Chief of the Asset Forfeiture and Money Laundering Section, Criminal Division, and former AUSA Michael Yaeger joined from the EDNY, where he served in the Criminal Division and the Business and Securities Fraud Section and as co-coordinator for Computer Hacking and Intellectual Property crimes.

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Schulte Roth & Zabel LLP

919 Third Avenue
New York, NY 10022
Phone: (212) 756-2000
Fax: (212) 593-5955


  • Employer Type: Private
  • Managing Partner: By Executive Committee
  • Hiring Partners: William H. Gussman, Jason S. Kaplan and Taleah E. Jennings
  • Total No. Attorneys 2015: 377

  • Employment Contact
    Alissa K. Golden
    Director of Legal Recruiting
    Phone: (212) 610-7185
    Fax: (212) 593-5955

  • Base Salary
    1st year: $160,000
    2nd year: $170,000
    3rd year: $185,000
    4th year: $210,000
    5th year: $230,000
    6th year: $250,000
    7th year: $265,000
    Summer associate: $3,077/week

  • Summer Associate Offers
    33 out of 34 (2014)

  • Major Departments & Practices
    Bank Regulatory
    Business Reorganization
    Business Transactions
    Employment & Employee Benefits
    Individual Client Services
    Intellectual Property, Sourcing & Technology
    Investment Management
    Real Estate
    Regulatory & Compliance
    Structured Products & Derivatives

Major Office Locations

  • New York, NY (HQ)
  • Washington, DC
  • London

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