Shartsis Friese LLP at a Glance


  • “Great colleagues”
  • “Interesting work”
  • “Lots of early responsibility”

About Shartsis Friese LLP

Specializing in complex litigation investment funds, corporate, real estate and family wealth planning, Shartsis Friese operates out of its San Francisco base. Its hedge fund and investment advisor practice is the largest practice of its type on the west coast, and it has been ranked as one of the top two hedge fund practices in the country by a recent hedge fund manager survey.

An Independent Spirit

Shartsis Friese was founded in 1975 by Arthur J. Shartsis, his wife Mary Jo and Robert Charles Friese. Shartsis was a third-year associate at Morrison & Foerster when he pitched to Friese, a Securities and Exchange Commission attorney, the possibility of starting their own firm.

With no official titled managing partner (the firm is run by a six-person management committee, of which one member is an associate representative), Shartsis Friese has an undoubtedly unconventional management philosophy. Perhaps this is to be expected, as founder Arthur Shartsis, who acts as de facto managing partner, has written two screenplays, travels the world, fly fishes and sells grapes to Napa Valley wineries in his time off.

Despite several offers, the firm has staunchly refused to merge with larger firms--and why bother? The firm out-earns many of the larger firms which want to acquire it and takes on no debt. Sound good? Better polish up that resume: Shartsis Friese follows a policy of controlled growth, selecting only two attorneys out of an estimated resume pool of 2,000 each year. The firm also maintains a strict no-perks policy, in an effort to avoid a competitive atmosphere. Such unusual strategies seem to have worked: no partner has left to join another firm in over 20 years.  

For the Good of the Bay

Shartsis Friese regularly handles high profile cases and deals with hundreds of millions of dollars at stake. Its coveted client list includes Oracle, Yahoo!, Netflix, Adobe, Twitter, Lucasfilm and the States of California and Hawaii. 

But it's not all about the bottom line for Shartsis Friese: in 2004, the firm founded the Shartsis Friese LLP Public Interest Fellowship, which subsidizes a staff attorney position at a selected local organization providing legal services to indigents in the San Francisco Bay Area for a three-year period. The Fellowship has been awarded to Bay Area Legal Aid, which provides legal assistance to survivors of domestic violence, the East Bay Community Law Center, which provides legal services to low-income and Southeast Asian communities and in areas concerning HIV and health, homelessness, housing, welfare and economic development and Centro Legal de la Raza, which serves low-income and immigrant Latino communities.


Representing Sunstone in $540 Million Sale of Times Square Hotel

David Edgal of Shartsis Friese LLP, represented Sunstone Hotel Investors, Inc. as seller's counsel in the sale of the DoubleTree Guests Suites Times Square in New York City to Maefield Development for $540 million in a deal announced on December 18, 2015.

Helping Alameda County Defend Rx Drug Disposal Law

On May 26, 2015 the U.S. Supreme Court declined to consider the pharmaceutical industry's challenge to an Alameda County ordinance that requires pharma companies to cover the cost of the safe disposal of unwanted prescription drugs.  Shartsis Friese represented Alameda County in this matter.  The County won resoundingly in the Northern District and in the Ninth Circuit Court of Appeals and the Supreme Court's denial of certiorari ended the case.

Advising Sleep Train in $425 Million Sale

Shartsis Friese LLP represented Rocklin-based Sleep Train, Inc. in its sale to Mattress Firm Holding Corp. for $425 million in a deal announced on September 4, 2014. An important part of the deal was that Sleep Train retain its presence on the West Coast.  Derek Wilson of Shartsis Friese said that the deal brings together strong executive leadership from both companies and that the transaction made strategic sense for Mattress Firm to enter the West Coast market.

Successfully Defending Patent Infringement Action Through Jury Trial

Shartsis Friese LLP successfully defended this multi-million dollar patent infringement action on behalf of the defendant, SpectorSoft Corporation.  Plaintiffs asserted claims of direct and indirect patent infringement against SpectorSoft related to three patents.  On June 19, 2015, after a five-day jury trial, a jury returned a verdict of no direct or indirect infringement by SpectorSoft Corporation.

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Shartsis Friese LLP

One Maritime Plaza
18th Floor
San Francisco, CA 94111
Phone: (415) 421 -6500


  • Employer Type: Private
  • Managing Partner: Arthur J. Shartsis
  • Hiring Attorney: Lisa A. Jacobs
  • Total No. Attorneys 2014: 63

  • Employment Contact
    Jason White
    Recruiting Coordinator
    San Francisco, CA 94111
    Phone (415) 421-6500

  • Base Salary
    1st year: $160,000
    2nd year: $165,000
    3rd year: $180,000
    4th year: $195,000
    5th year: $210,000
    6th year: $230,000
    7th year: $245,000
    8th year: $255,000
    Summer associate: $3,100/week

  • Summer Associate Offers
    2 out of 2 (2014)

  • Major Departments & Practices
    Intellectual Property
    Investment Funds & Advisers
    Real Estate
    Family Wealth Planning
    Securities Enforcement Defense
    Venture Capital 

Major Office Locations

  • San Francisco, CA (HQ)