Schulte Roth & Zabel LLP
Schulte Roth & Zabel LLP(SRZ) is a multidisciplinary firm with offices in New York, Washington, D.C., and London. Since its establishment in 1969, the firm’s ...
Schulte Roth & Zabel LLP
Main Office: 919 3rd Avenue | New York City | NY | 10022
Phone: 212-756-2000 | Fax: 212-593-5955
Year of establishment
1969
Number of partners
98
Number of offices
3
Partner to associate ratio
0.50
Biggest office
New York City
Percentage of women attorneys
33.10
Number of attorneys
389
Percentage of minority attorneys
16.60
Number of associates
199
Percentage of LGBT attorneys
1.20
Schulte Roth & Zabel LLP Reviews
view allReviewed on May 19, 2024
Advice to law firm management:
This is probably a good firm for most candidates. However, don't be surprised if you are asked to go above and beyond what you are used to, for the good of the firm. You will be under pressure to produce results and not everyone likes that.
Pros:
The best part of this firm is the prestige it enjoys among its clients and among the public. People have a positive view of this firm and that will only help your own personal reputation as you look to grow and become a better lawyer at this firm.
Cons:
You may encounter problems with work-life balance here, as with many other similarly positioned firms. The management will want a full work week out of you, so expect nothing less than 50-60 hours a week at a minimum. You will be under pressure to show profits and billable hours.
Career Opportunities:
Compensation & Benefits:
Work/Life Balance:
Senior Management:
Culture & Values:
Current or former employee?:
Current Employee
Length of Employment:
10+ years
Reviewed on May 19, 2024
Advice to law firm management:
I would of liked to see this firm bring back some of the senior attorneys that originally left and kick to the curb some of the younger attorneys that had an attitude and did not get along with some of our senior members.
Pros:
Everyone is treated very fairly and the front desk staff is very helpful. My secretary in particular was top notch and was always there for me when I needed her help. The benefits were outstanding as well.
Cons:
Unfortunately too much change took place after management decided to go ahead and hire a bunch of new attorneys. It seems as though most of the senior level attorneys left, since the new attorneys and the senior attorneys with more experience disagreed on a lot of things (pertaining to how to do certain things within the legal field). Since then, it became more difficult to get help since our more experienced attorneys had left.
Career Opportunities:
Compensation & Benefits:
Work/Life Balance:
Senior Management:
Culture & Values:
Current or former employee?:
Former Employee
Length of Employment:
10+ years
Overview
Why Working at Schulte Roth & Zabel LLP Can Be Exciting for Attorneys and Staff Schulte Roth & Zabel LLP (SRZ) is a multidisciplinary law firm that has been serving the financial services sector since its founding in 1969. With offices in New York, Washington, D.C., and London, SRZ is well-positioned to provide top-notch legal representation and service to clients around the world. One of the key reasons why working at SRZ can be exciting for attorneys and staff is the firm's impressive client roster. SRZ represents a diverse range of institutional, entrepreneurial, and individual clients, including public and private companies, investment banks, hedge and private equity funds, domestic and foreign commercial banks, broker-dealers, investment advisers, venture capitalists, and pension funds. This wide variety of clients ensures that attorneys and staff at SRZ have the opportunity to work on a broad range of legal matters and gain valuable experience in different areas of the law. SRZ's expertise in investment management, corporate and transactional matters, and securities regulatory compliance is highly regarded in the industry. Attorneys and staff at SRZ have the opportunity to work on complex and high-profile deals, such as the sale of Chrysler Financial to TD Bank Group and the acquisition of Caritas Christi Health Care System. These deals involve multiple practice groups working together, allowing attorneys and staff to collaborate with colleagues from different areas of expertise and gain a comprehensive understanding of the legal issues involved. In addition to the exciting work opportunities, SRZ also places a strong emphasis on client service. The firm strives to build and maintain long-term relationships with clients by providing top-notch representation and service. Attorneys and staff at SRZ are encouraged to go above and beyond to meet client needs and ensure client satisfaction. This client-centric approach not only enhances the firm's reputation but also provides attorneys and staff with the opportunity to develop strong relationships with clients and gain a deep understanding of their businesses. Another benefit of working at SRZ is the firm's commitment to professional development. SRZ offers a comprehensive training and development program that is designed to help attorneys and staff enhance their skills and advance their careers. The firm provides ongoing training in legal and business topics, as well as opportunities for attorneys and staff to attend conferences and seminars to stay up-to-date with the latest industry trends and developments. This commitment to professional development ensures that attorneys and staff at SRZ are well-equipped to handle the complex and ever-changing legal landscape. Furthermore, SRZ fosters a collaborative and inclusive work environment. The firm values diversity and believes that a diverse workforce leads to better outcomes for clients. Attorneys and staff at SRZ have the opportunity to work with colleagues from different backgrounds and perspectives, which enhances creativity, innovation, and problem-solving. The firm also promotes a healthy work-life balance, recognizing the importance of personal well-being and family commitments. In conclusion, working at Schulte Roth & Zabel LLP can be an exciting and rewarding experience for attorneys and staff. The firm's impressive client roster, diverse range of legal matters, commitment to client service, focus on professional development, and inclusive work environment make SRZ a top choice for legal professionals. Whether it's working on complex deals, building long-term client relationships, or advancing their careers, attorneys and staff at SRZ have the opportunity to thrive and succeed in a dynamic and supportive environment.
Practice Areas
Schulte Roth & Zabel LLP practices law in the following areas and works with its clients to provide the best possible legal solutions.
- Bank Regulatory
- Bankruptcy & Creditors' Rights Litigation
- Business Reorganization
- Complex Commercial Litigation
- Cybersecurity
- Distressed Debt & Claims Trading
- Distressed Investing
- Education Law
- Employment & Employee Benefits
- Energy
- Environmental
- Finance
- Financial Institutions
- Individual Client Services
- Insurance
- Intellectual Property Sourcing & Technology
- Investment Management
- Litigation
- Mergers & Acquisitions
- Nonprofit
- Pipes
- Private Equity
- Real Estate
- Real Estate Capital Markets & Reits
- Real Estate Litigation
- Regulated Funds
- Regulatory & Compliance
- Securities & Capital Markets
- Securities Enforcement
- Securities Litigation
- Shareholder Activism
- Structured Finance & Derivatives
- Tax
- Trading Agreements
- Vendor Finance
- White Collar Defense & Government Investigations
Hiring Criteria
Schulte Roth & Zabel LLP follows the set of hiring criteria outlined below.
Although grades and school matter in Schulte's selection process, journal experience and clerkships are a major plus. Personality also counts a lot. It recruits hard working, intelligent, honest, and decent people.
SRZ hires from a variety of New York law schools, as well as other national law schools, with a special emphasis on NYU, Columbia, and Harvard. For lateral hires, Schulte concentrates on work experience. The firm has plenty of junior level associates.
Pro bono
SRZ wants its attorneys take professional responsibility to handle pro bono matters. It works for creating and sustaining an environment that encourages pro bono service in each of its practice areas. Its partners, associates and summer associates share their knowledge and time with organizations that represent the elderly, the indigent and the disenfranchised.
The firm's attorneys handle pro bono matters for organizations such as Human Rights First, New York Lawyers for the Public Interest, the Federal District Court's Civil Indigent and Criminal Justice Panels, Legal Services for the Elderly in Queens, Partners in Health, Appleseed Foundation, and Lawyers Alliance for New York and Volunteer Lawyers for the Arts. SRZ attorneys are associated with and counsel legal aid organizations and have received awards for their pro bono service.
The firm does not distinguish in any respect between pro bono cases and other firm matters, and its attorneys have handled many significant matters for pro bono clients.
Through its involvement with Legal Outreach, Inc., over the past eight summers SRZ has week-long internships providing junior high school minority students with a range of legal experiences.
The firm also strongly encourages participation on bar association committees and reimburses associates for half of two bar association membership fees.
Search Law Firm Jobs in New York City
Legal Jobs in New York City and Near Locations
Notable cases
- Successfully represented the CEO of a leading market-maker in an SEC injunctive action in federal court alleging fraud in connection with overcharging institutional customers in the purchase and sale of NASDAQ securities.
- Schulte successfully defended the former co-head of a major investment bank's sub-prime group in connection with parallel investigations by the SEC and New York attorney general.
- SRZ successfully defended one of the nation's largest broker-dealers in an SEC investigation into certain brokers' alleged misuse of the squawk box to trade ahead of institutional block trades. The SEC took no action against our client but fined another broker-dealer $7 million.
- The firm defended hedge fund clients in SEC investigations involving alleged insider trading, market manipulation, PIPEs transactions, disclosure issues and accounting and valuation issues.
- It successfully defended leading financial institutions in numerous investigations concerning FCPA, AML and OFAC.
- Big Four and regional accounting firms and audit partners in numerous SEC investigations concerning a wide variety of accounting issues were successfully defended by SRZ.
- SRZ obtained a complete exoneration of the former CFO of a major international media company in the largest federal securities class action ever to proceed to jury verdict, in a case arising from federal grand jury and SEC investigations.
- Schulte Roth represented Golden Books Family Entertainment, North America's top children's book publisher, in its acquisition of Broadway Video Entertainment, as well as the sale of its Golden Books common stock to Hallmark Cards.
- Schulte represented NBC in its challenge of Time Warner's decision to carry the NBC cable station MSNBC.
- In a prominent criminal case, the firm successfully represented George Maloney, the chairman of C.R. Bard Inc., who was charged with conspiracy to defraud the Food and Drug Administration. Maloney was acquitted after an eight-week trial in 1995.
Schulte Roth & Zabel LLP Awards and Recognitions Write a review
SRZ received The Hedge Fund Journal's "Leading US Law Firm in London" award.
HFM Week named it the "Best Onshore Law Firm" at its 2010 European Hedge Fund Service Awards ceremony.
SRZ was ranked as the "Top Legal Service Provider for Hedge Funds" in 2010.
Chambers USA, 2010 edition, recognized SRZ in Bankruptcy/Restructuring (New York), Capital Markets (Structured Products, National), Corporate/M&A (Highly Regarded, New York), Investment Funds (Hedge Funds, National), Real Estate (Mainly Corporate & Finance, New York) and Securities (Regulation, National). Chambers UK, 2010 edition, recognized SRZ in Investment Funds (Hedge Funds).
The Legal 500 UK, 2010 edition, recognized SRZ in Finance (Investment Funds).
SRZ was ranked as the top legal service provider for hedge funds.
SRZ's London Office won the 2011 award for Leading US Law Firm in London at the 2011 Hedge Fund Journal Awards.
SRZ was named the number one Most Active Investor Legal Counsel in the U.S. PIPEs Market during 2010 by Private Raise and Placement Tracker, providers of research, data and analytics covering private investments in public equity.
SRZ's Summer Associate Program was ranked among the best in the nation by The American Lawyer.
SRZ represented Cerberus Capital Management LP in its sale of Chrysler Financial to TD Bank Group.
SRZ represented Cerberus Capital Management LP in its acquisition of Caritas Christi Health Care, the largest community-based health care system in New England and the 10th largest employer in Massachusetts.
SRZ ranked No. 1 in New York and No. 5 in the U.S. for the American Lawyer 2010 midlevel associate job satisfaction survey.
Diversity Write a review
SRZ is dedicated to creating an environment that helps the firm attract and retain a diverse pool of talented attorneys, promotes a supportive work environment and raises firm awareness of important diversity issues. To ensure a balanced life for its lawyers, the firm respects and accommodates a wide range of beliefs, life goals, religious observances and dietary needs.
The firm is a signatory to the New York City Bar Association's Statement of Goals for Increasing Minority Representation and Retention. As part of its commitment, the firm has increased its efforts to hire minority lawyers by interviewing at broader range of law schools and regional BLSA job fairs. Its Diversity Committee organizes special outreach efforts to encourage minority law students and attorneys to work for the success of its diversity initiatives.
The firm has taken on a number of initiatives to support its commitment to diversity:
The Diversity Committee at SRZ ensures that the firm's diversity initiatives continue to be successful and that it is proactive with respect to its diversity commitment goals.
Summer associate program
SRZ summer associate program helps associates make intellectual and professional development. The summer program is designed to provide them with a realistic sense of practicing law. Throughout the summer, attorneys involve summer associates as much as possible in their matters and consider them part of the team.
Training includes writing seminars, a corporate negotiation workshop, a trial advocacy program, and a pro bono week. Its social events acclimatize them to the firm's environs and the life in New York City.
As an accredited provider of continuing legal education in New York, the firm offered 146 CLE programs last year. In 2010, Schulte Roth & Zabel had a class of 31 summer associates. Twenty of those summer associates were considered for offers and 20 offers were made.
Nationally-recognized experts teach workshops on topics ranging from general skills like contract drafting, brief writing, negotiation and deposition skills, to business topics, and to leadership and business development. In addition, each department offers its own seminars to give the junior lawyers more specialized expertise and keep all lawyers abreast of the latest developments in practice areas.
Associates are directly involved in all aspects of a project, including the client's views and goals, so that they can mature quickly.
Attorneys are encouraged to attend outside seminars sponsored by bar associations and private continuing legal education providers. The firm pays all costs incurred to attend approved continuing legal education programs.
Mentoring is an integral part of the training process at SRZ. The firm understands that effective mentoring is essential for the development and satisfaction of associates, and that mentoring is needed at every stage of an associate's career. It believes that mentoring should cover a variety of issues, ranging from the sharing of a knowledge base and practice tips to advice regarding an associate's long-term career plans; there is a formal mentoring program that pairs junior associates with more senior associate mentors and allows mid-level and senior associates to select partner mentors.
Working for the Schulte Roth & Zabel LLP
You will get guidance on all aspects of labor and employment law, including compliance with federal, state and local statutes and employment contracts, noncompetition arrangements and separate agreements.In the area of compensation and benefits, you will get experience in litigation as SRZ gives technical advice to employers in the private, public and non-profit sectors, as well as to trustees and administrators of pension and other employee benefit plans. You will be exposed to drafting executive compensation agreements and gain invaluable experience in transactional practice. You have an opportunity to get hands-on experience in the field of financial services industry. You will be guided by eminent lawyers in the nation. SRZ is second to none in education law matters as well.
Thus attorney aspirants get hands-on experience in all legal matters and will be able to handle early substantive responsibility and client contact.
Articles
Schulte Roth & Zabel Lays Off 20 Lawyers; Defers Start Dates
Schulte Roth & Zabel Lays Off 20 Lawyers; Defers Start Dates Herbert Smith Targets 33 Lawyers, 51 Staff; Freezes Pay Kilpatrick Stockton Defers Associates, Offe...
Three prominent law firms help Cerberus in acquiring Chrysler
Three prominent law firms help Cerberus in acquiring ChryslerBallard Spahr fortifies Arizona presence...
Ask Questions on TLS Employment Forums About Schulte Roth & Zabel LLP
More Law Firms in New York City
Carter Ledyard & Milburn LLP.
Carter Ledyard & Milburn LLP is a general practice law firm headquartered on Wall Street. We have a ratio of partners to associates of about one to one, and provide personal, partner-level attention to all clients and matters, large and small. This forms part of our Partners for Your Business® commitment, together with the focus we place on providing counseling to help advance the business interests of our clients. We offer sophisticated legal advice within a culture that encourages innovati...
Anderson Kill P.C.
Anderson Kill was founded in 1969 on the principles of integrity, excellence in the practice of law, and straightforward solutions to complex legal issues. The firm's attorneys approach engagements aggressively, and have earned a reputation for combining corporate polish with pugnacity. Based in New York City, the firm also has offices in Ventura, CA, Philadelphia, PA, Stamford, CT, Washington, DC, Newark, NJ and Dallas, TX, but the attorneys travel around the country and around the world to ha...
Curtis, Mallet-Prevost, Colt & Mosle LLP
Curtis, Mallet-Prevost, Colt & Mosle LLP, founded in 1830, is one of the first U.S. law firms to develop a truly international practice. Dedicated to counseling clients involved with some of the most challenging transnational transactions and complex multijurisdictional disputes, Curtis represents multinational companies, international financial institutions, governments and state-owned entities, family and other privately held businesses, entrepreneurs, and high-net-worth individuals. With 17 o...
Legal Recruiters in New York City
BCG Attorney Search
Since the year 2000, the founder of BCG Attorney Search, Harrison Barnes, and his expert legal recruiters have placed thousands of attorneys and are at the top of their field in servicing attorneys. These businesses include the largest and most popular legal job site in the world, LawCrossing; the l...
Michael Page International Inc
Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world....
Green Key Resources
The Green Key executive recruitment team is uniquely suited to job placement in your industry because we've actually worked in it. We know what the demands are, where the jobs are, and we have exclusive relationships with some of the most sought-after employers around. With this unique industry i...
References
http://www.srz.com/
http://www.lawfirmstats.com/
http://www.nalpdirectory.com/
http://www.wikipedia.org/
http://www.vault.com/
http://careers.abovethelaw.com/
