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Proskauer Rose

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Proskauer Rose
NameProskauer Rose
Founded1875
HeadquartersNew York City
Offices14
Num attorneys800+
Practice areasLabor and Employment; Litigation; Corporate; Private Equity; Tax; Real Estate; Intellectual Property

Proskauer Rose

Proskauer Rose is a multinational law firm known for litigation, labor and employment, corporate finance, and sports law. Founded in 1875 in New York City, the firm has represented major corporations, financial institutions, sports franchises, and entertainment companies across the United States, United Kingdom, Europe, and Asia. Its attorneys have worked on matters tied to landmark decisions, regulatory investigations, and high-profile transactions involving firms and institutions such as Goldman Sachs, JPMorgan Chase, Citigroup, BlackRock, and sports entities like New York Yankees and National Basketball Association.

History

Proskauer Rose traces roots to 19th-century lawyers practicing in Lower Manhattan and later merged through partnerships that included attorneys who participated in matters before the United States Supreme Court, New York State Court of Appeals, and federal courts in the Southern District of New York. The firm grew through strategic hires and mergers, expanding its presence during the 20th century amid developments involving Securities Exchange Act of 1934, the rise of Wall Street investment banks such as Morgan Stanley and Lehman Brothers, and regulatory regimes shaped by the Federal Reserve System and the Securities and Exchange Commission. In the late 20th and early 21st centuries, Proskauer repositioned to serve emerging markets and industries influenced by globalization, with matters touching on cross-border finance involving institutions like Deutsche Bank, HSBC, and UBS.

Practice Areas

Proskauer Rose's practice areas include litigation and dispute resolution in courts such as the United States Court of Appeals for the Second Circuit and arbitration panels administered by bodies like the International Chamber of Commerce. Its labor and employment group litigates before the National Labor Relations Board and advises clients including professional sports leagues such as the National Football League and Major League Baseball. The corporate practice handles mergers and acquisitions, private equity deals involving firms like Kohlberg Kravis Roberts and The Carlyle Group, securities work related to the New York Stock Exchange, and capital markets matters connected to underwriters such as Credit Suisse. Additional practices include tax controversies before the Internal Revenue Service and appellate advocacy in matters tied to statutes such as the Employee Retirement Income Security Act of 1974.

Offices and Global Presence

Proskauer Rose maintains offices across major legal and financial centers including New York City, Boston, Chicago, Washington, D.C., Los Angeles, Silicon Valley-area locations, and international offices in cities such as London, Paris, and Hong Kong. The firm's global footprint enables cross-border work with counterparties in markets like Brazil, Mexico, China, Japan, and India, and collaboration with local firms for matters involving multinational corporations such as Samsung, Sony, Toyota, and Amazon. Proskauer's presence in sports hubs connects it to franchises and leagues headquartered in cities including Los Angeles, Chicago, and Boston.

Notable Cases and Clients

The firm has represented major financial institutions in litigation and regulatory matters involving entities like Goldman Sachs, Morgan Stanley, and Wells Fargo. In sports and entertainment, Proskauer has counseled teams and leagues including the National Basketball Association, Major League Baseball, New York Yankees, and media companies such as Warner Bros., ViacomCBS, and Netflix. The firm has also acted for private equity sponsors including Bain Capital and Apollo Global Management in buyouts and restructuring matters, and has represented technology companies including Google, Apple Inc., and Microsoft Corporation in commercial disputes and transactional work. Proskauer lawyers have been involved in bankruptcy proceedings in the United States Bankruptcy Court for the Southern District of New York for debtors and creditors such as Enron-era trustees and reorganized corporations.

Attorneys and Leadership

Proskauer's roster has included partners and alumni who moved into public service and private-sector leadership, engaging with institutions like the United States Department of Justice, the Securities and Exchange Commission, and state judiciaries. Senior lawyers have argued before appellate courts including the United States Supreme Court and served on advisory panels with organizations such as the American Bar Association. The firm’s leadership has overseen practice group chairs and management committees coordinating cross-office teams to serve clients like BlackRock, State Street Corporation, and Mastercard.

Awards and Recognition

Proskauer Rose has received rankings and awards from legal and business publications, appearing in lists produced by entities such as Chambers and Partners, The Legal 500, and American Lawyer. The firm’s labor and employment practice and sports law group have been recognized in annual surveys by Law360 and Bloomberg Law, and partners have received individual honors including listings in Best Lawyers and designation by bar associations such as the New York State Bar Association.

Category:Law firms based in New York City