// Workers AI · dad joke modeWhy did Proskauer Rose go to therapy? It had a lot of "thorny" issues.
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| Headquarters | 11 Times Square New York City United States |
|---|---|
| No. of offices | 11 |
| No. of attorneys | 800+ |
| Major practice areas | Full service law firm |
| Key people | Timothy W. Mungovan, Firm Chairman |
| Revenue | $1,230,482,000 USD (2023) |
| Date founded | 1875 |
| Founder | William R. Rose |
| Company type | Limited Liability Partnership |
| Website | www |
Proskauer Rose LLP (formerly known as Proskauer, Rose, Goetz & Mendelsohn, LLP) is an international law firm headquartered in New York City. Proskauer was founded in 1875 and currently employs more than 800 attorneys in eleven offices worldwide.
The firm has served as outside counsel for major professional sports leagues, including the National Basketball Association and the National Hockey League.
History
[edit]Throughout its history, the firm's headquarters has been located in the area of Times Square, in midtown Manhattan, where it grew from fewer than a dozen lawyers originally to nearly 800. A full-service practice, it is currently among the ten largest law firms in New York City.
William R. Rose started the firm that is now Proskauer when, at 21 years of age, he opened a law firm on Broadway in Downtown Manhattan in 1875.[1] In 1907, Rose promoted associate Benjamin Paskus to partner and renamed the firm Rose & Paskus.[1] Rose & Paskus was one of the first firms to develop a specialized tax practice after the passage of the Sixteenth Amendment to the United States Constitution in 1913.[1] In 1930, Judge Joseph M. Proskauer resigned his position on New York's Appellate Division to join the firm, which was then renamed Proskauer, Rose & Paskus.[1] The firm shortened its name to Proskauer Rose in 1997.[2]
The firm has historically focused its practice on labor and employment law, as well as building up significant litigation, private capital, health care, sports and entertainment, bankruptcy, and taxation practices.[2]
Revenue and profitability
[edit]
In February 2012, Proskauer increased its gross revenue by 6.4 percent to $686 million and its average profits per partner 9 percent to $1.7 million, according to The American Lawyer's reporting.[3] In 2013, Proskauer again increased its revenue by more than 7%, to over $700 million. These figures place Proskauer as one of the fastest growing law firms in the United States. The firm's robust financial performance came amid a busy year for office moves. The most significant shuffle saw Proskauer move its New York headquarters to 11 Times Square in January, 2011. Proskauer saw gross revenue of $1.23 billion in 2023, up from $990 million in 2020.[4]
Pro bono
[edit]In 2012, Proskauer argued before the U.S. Supreme Court in a ruling that the Fair Sentencing Act of 2010 (FSA), which reduced the disparity in federal sentencing between crack and powder cocaine offenses, applies to defendants who were sentenced after its passage even though their offenses pre-dated the law.[5] The firm is also noted for hosting an Election Protection call center during every election cycle since the 2012 Presidential election.[6]
In 2010, Proskauer received the Law Firm Pro Bono Award at the William O. Douglas Award Dinner.[7]
Notable clients and cases
[edit]- Proskauer Rose represented Silverstein Properties, owner of the World Trade Center towers in New York that were destroyed by the terrorist attack on September 11, 2001, in a dispute with its insurers.[8]
- The firm won a copyright case in 2006 when they represented the rock band The White Stripes against a former producer regarding the ownership rights in the band's first two albums.[9]
- The firm represented the League of American Theatres and Producers during the stagehands strike in the fall of 2007.[10][11]
- The Association of Community Organizations for Reform Now (ACORN) hired Proskauer in 2009 to conduct an investigation into its operations and write a report regarding the undercover video controversy.[12]
- In 2015, Last Week Tonight host John Oliver employed the firm to purchase a $9.5 million Manhattan penthouse using several shell companies set up on his behalf by the firm, taking advantage of a tax loophole called 421-a to reduce his property tax bill by as much as $300,000.[13][14]
- In 2017, Proskauer Rose represented Celgene in its $9 billion acquisition of cancer drug maker Juno Therapeutics.[15]
- In 2019, Proskauer Rose represented the Big East Conference as it readmitted the University of Connecticut back to the Big East.[16]
Notable alumni
[edit]- Gary Bettman, Commissioner of the National Hockey League[17]
- Lloyd Blankfein, CEO of Goldman Sachs
- David Braun, music industry lawyer, former lawyer of Bob Dylan and president of Polygram Records[18]
- Michael A. Cardozo, former President of the New York City Bar Association[19][20]
- Robert A. Gorman (born 1937), law professor at the University of Pennsylvania Law School
- Sylvan Gotshal, co-founder of Weil, Gotshal & Manges[21]
- David Kahn, President of basketball operations for the Minnesota Timberwolves[22][23]
- Steven C. Krane, partner and general counsel[24]
- Doug Perlman, founder of Sports Media Advisors[25]
- Moose Scheib, founder and CEO of LoanMod.com[26]
- David Stern, Commissioner of the National Basketball Association[27]
- Frank Weil, co-founder of Weil, Gotshal & Manges
- Joseph M. Proskauer, New York Supreme Court judge and name partner of the firm
See also
[edit]References
[edit]- 1 2 3 4 "Vault Online Career Library". Vault.com. Retrieved 2014-08-07.
- 1 2 "Proskauer Rose LLP - Company History". Fundinguniverse.com. Retrieved 2014-08-07.
- ↑ "The Am Law 100, the Early Numbers: Proskauer Maintains Upward Trajectory". Amlawdaily.typepad.com. 2012-02-22. Retrieved 2014-08-07.
- ↑ "Proskauer Sees Double-Digit Revenue, Profit Gains as Core Industry Sectors Thrive". The American Lawyer. Retrieved 2022-02-08.
- ↑ "Proskauer Pro Bono Victory In U.S. Supreme Court Ruling On Fair Sentencing Act". www.mondaq.com. Retrieved 2026-09-14.
- ↑ "Election Protection". 8 November 2012.
- ↑ "Award". Archived from the original on 2011-06-07. Retrieved 2012-12-07.
- ↑ Proskauer Rose to open Chicago office - Bankruptcy, Langer, New York - chicagotribune.com[dead link]
- ↑ Proskauer Rose Wins Important Copyright Victory for The White Stripes. | Legal > Legal Services from AllBusiness.com Archived March 29, 2008, at the Wayback Machine
- ↑ "Law Blog - WSJ.com : Broadway Proskauer Rose". Blogs.wsj.com. 2007-11-29. Retrieved 2014-08-07.
- ↑ "Stagehands End Walkout on Broadway - New York Times". Nytimes.com. 2007-11-29. Retrieved 2014-08-07.
- ↑ "ACORN and the Ethics of Leadership". Correspondents.theatlantic.com. December 8, 2009.
- ↑ Silverstein, Ken (10 May 2017). "The John Oliver Property Tax Scam: HBO Comedian Secretly Buys Manhattan Mansion". Observer. Retrieved 25 May 2017.
- ↑ Sheffield, Matthew (12 May 2017). "Is John Oliver a hypocrite on taxes?". Salon. Salon Media Group Inc. Retrieved 25 May 2017.
- ↑ "Celgene, Juno strike $9B pact".
- ↑ "BIG EAST Announces Readmission of University of Connecticut". Big East Conference. Retrieved 2019-06-27.
- ↑ King, Bill (2026-08-31). "Gary Bettman: Towering Impact". Sports Business Journal. Retrieved 2026-08-31.
- ↑ Archives, L. A. Times (1990-07-10). "David A. Braun, a lawyer who briefly..." Los Angeles Times. Retrieved 2026-08-31.
- ↑ Roberts, Sam (2025-08-01). "Michael Cardozo, 84, New York City's Longest-Serving Chief Lawyer, Dies". The New York Times. ISSN 0362-4331. Retrieved 2026-09-02.
- ↑ "Michael Cardozo Litigation Lawyer Proskauer Rose Law Firm". natlawreview.com. Retrieved 2026-09-02.
- ↑ "GOWN MAKERS URGE ANTI-PIRATE LAW; Senate Committee Room is Like a Designer's Study as Copyright Bill Is Endorsed.IDEAS STOLEN IN A WEEK H.B. Cheney Says Costly PatternsSoon Duplicated--Bill Plannedto Guard Retailers". The New York Times. 1930-12-17. ISSN 0362-4331. Retrieved 2026-09-14.
- ↑ "The Path of (David) Kahn". SI. 2023-06-21. Retrieved 2026-09-02.
- ↑ "New Timberwolves president gets glowing endorsement from Larry Bird". Twin Cities. 2009-05-20. Retrieved 2026-09-02.
- ↑ Weber, Bruce (2010-06-25). "Steven Krane, Ex-Leader of New York State Bar, Dies at 53". The New York Times. ISSN 0362-4331. Retrieved 2026-09-14.
- ↑ Siang, Sanyin. "Surviving and Flourishing in a Competitive Environment: 3 Lessons from Doug Perlman". Forbes. Archived from the original on 2026-01-29. Retrieved 2026-09-02.
- ↑ "30 Under 30 - Moose M. Scheib - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More". Arabian Business. Retrieved 2026-09-14.
- ↑ Lefton, Terry; Lombardo, John (2026-09-02). "David Stern: Basketball's Architect". Sports Business Journal. Retrieved 2026-09-02.
External links
[edit]- Official website
- Proskauer Rose organizational profile at the National Law Review.