Proskauer Rose

Proskauer Rose is a leading US law firm headquartered in New York, with a longstanding reputation in private capital, finance and sports law.

Founded in 1875, the firm initially built its name in labour and employment and entertainment work - areas that still form part of its core offering today. Over time, it has expanded into a broader full-service platform, with particular strength in private capital, tax, finance and litigation.

The firm now has more than 800 lawyers across offices in the US, London, Paris, Hong Kong and São Paulo, giving it a focused but genuinely international footprint.

Proskauer is perhaps best known for its deep ties to the US sports industry, advising major leagues including the NBA and NHL, as well as teams, owners and investors.

Alongside this, it has played a significant role in the development of the US financial sector, acting for asset managers, investment funds and financial institutions across a wide range of matters.

In London, the firm has carved out a clear niche in private capital. Since launching in the City in 2007, it has focused on advising asset managers and investors, particularly in private credit and leveraged finance.

That strategy has paid off. The London office is now a key part of Proskauer’s global platform, with a strong client base spanning private credit providers, investment funds and private equity houses - reflecting the firm’s broader shift towards the most lucrative areas of the market.

Other things to know

Private capital and restructuring push in the City: Proskauer has poached several partners for its leveraged finance, private equity and restructuring offerings in 2025 and 2026.

Showbiz clientele: The firm assisted Madonna, Live Nation and several venues in three class actions related to the late start times and conditions at concerts during Madonna’s Celebration Tour, and won a 2006 copyright case for The White Stripes.

‍Big Law history: Frank Weil and Sylvan Gotshal, co-founders of fellow top-tier New York firm Weil, Gotshal & Manges, were both alumni of Proskauer.

What is Proskauer known for?

Proskauer is a full-service corporate law firm. In the UK market, it is best known for:

Investment funds: Funds and asset managers are important clients in the London office, which is highly regarded for its advice on fund formation and finance. The team is ranked Band 2 in Chambers for private equity funds, Band 3 for fund finance and Band 1 for private equity secondaries.

Leveraged finance: The firm’s private capital platform is highly regarded for its leveraged finance and alternative debt capabilities. Its London leveraged finance practice is ranked Band 1 in Chambers for mid-market lender-side advice.

‍Private equity: Where leveraged finance is found, so is private equity. PE deals are another focus area for the London office which is ranked Band 2 for mid-market private equity buyouts.

What's Chambers?

We use Chambers rankings to demonstrate a firm's strengths. Chambers is the most highly-regarded provider of law firm rankings in the legal industry. Law firms are ranked in bands from 1 (highest) to 6 (lowest) across a range of practice areas.

It's important to note that being ranked in any band at all is still considered a significant achievement.

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Who does Proskauer compete with?

Proskauer Rose has a smaller London platform than some of its US Big Law counterparts, but its strong private capital practice means it competes with other top-level private equity and leveraged finance players such as Paul Weiss, Paul Hastings, Latham & Watkins, Davis Polk and Kirkland & Ellis.

In 2025, Proskauer’s total revenue was $1.58 billion, according to ALM / Law.com.

In 2025, its profit per equity partner (PEP) was $5 million, according to ALM / Law.com.

How much does a partner at Proskauer make?

In 2025, Proskauer’s average profit per equity partner (PEP) was $5 million.

This is the total amount of profit available for distribution among equity partners, divided by the number of equity partners at the firm.

This represents the average amount that equity partners are entitled to. Some will receive significantly more, some less. It depends on the firm’s profit-sharing formula and each partner’s seniority.

How many trainees does Proskauer take?

Proskauer takes between 8 and 10 London trainees each September.