2022 Vault Rankings
- Firm Culture#14
- Pro Bono#14
- Health Care#17
At a Glance
“Ability to take ownership and have strategic input from early on.”
“The lack of a billable hours requirement.”
“Lack of transparency around promotion opportunities.”
“Sometimes overwhelming amount of work.”
“If you're not on vacation, you're always on call.”
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
- Advising on the largest ownership transfer in NFL history, Proskauer represented the ownership of the Carolina Panthers in the US$2.275 billion sale of the team to hedge fund billionaire David Tepper. This was a record-breaking transaction that will have a profound effect on the market for team sales.
- Proskauer represents Amgen, one of the world’s leading independent biotechnology companies, in a high-profile life sciences patent matter concerning Amgen’s development and commercialization of a biosimilar to Genentech’s Avastin, a monoclonal antibody cancer therapy, one of the best selling drugs in the world which generates annual revenues of more than $7 billion.
- Proskauer advises Discovery in numerous matters including its agreement with AT&T to combine Discovery with AT&T’s WarnerMedia assets to create a premier, standalone global entertainment company as well as its $2 billion+ strategic alliance with PGA Tour and in its acquisition of Golf Digest from Condé Nast.
- 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.
- Facebook & McDonalds recognized Proskauer’s commitment to diversity, equity and inclusion with the Law Firm Diversity Champion Award and the EMPOWER Award, 2021
- Firm of the Year Award: Bankruptcy (West Coast) and Labor and Employment Management (East Coast), 2021—Benchmark Litigation
- One of the Most Innovative Law Firms, 2020—The Financial Times
- Practice Group of the Year in Hospitality, 2020—Law360
- Law Firm of the Year in Fund Structuring, 2020—Unquote Private Equity Awards
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 (2021):
500 - 750
No. of Partners Named 2021:
Boston; Chicago; Los Angeles; New York; Washington, DC:
1st year: $205,000
2nd year: $215,000
3rd year: $240,000
4th year: $275,000
5th year: $305,000
6th year: $330,000
7th year: $350,000
8th year: $365,000
Summer Associate: $3,959/week
Rachel L. Kleiner
Director of Legal Recruiting
No. of U.S. Offices: 7
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.