Overview

Introduction

SRZ attracts associates who are social and hardworking, and it is a great fit for those interested in the financial services industry. The firm has a history of taking on high-profile pro bono matters and hasn’t wavered in its pro bono commitment. 

Firm Stats


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Total No. Attorneys (2021)

250 - 500

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No. of Partners Named (2022)

6

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Featured Rankings

Vault Law 100


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No. of 1st Year Associates Hired (2022)

38


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No. of Summer Associates (2022)

54 total (48 2Ls; 6 1Ls)


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Base Salary

1st year: $215,000

Vault Verdict

Schulte was founded to break the BigLaw mold, and it hasn’t forgotten its roots. Associates describe the culture as casual and “community-based,” with little hierarchy and lots of collaboration. The firm’s hiring process is competitive and holistic, with the goal of attracting candidates with both pedigree and personality. A widespread open-door policy encourages socializing between staff, associates, and partners, and a high level of transparency from management establishes clear expectations and priorities. To be clear, Schulte is still very much BigLaw, with a truly elite clientele based largely in the financial industry, and associates enjoy the highly substantive work they receive as a result. Formal training is extensive, and associates love the formal and informal mentorshi...

About the Firm

Among the New York elite, Schulte Roth & Zabel LLP has defined itself as the go-to firm for hedge funds and their ilk. While this practice focus translates into double-digit profits and aggressive growth during boom years, the firm has grown organically over the years.

Hedging Their Niche

SRZ was founded in 1969 by a group of young BigLaw associates—most from Cleary and Fried Frank—who wanted to escape the traditional BigLaw model. The firm found its place by working in areas that were mostly ignored by the big firms, like trusts and estates and the burgeoning field of hedge fund law, and soon was attracting clients like the Rockefeller and Lehman families. Bill Zabel—who had written the winning brief in landmark Supreme Court case Loving v. Virginia on behalf of the ACLU—focus...

Associate Reviews


  • “... The day-to-day atmosphere is relatively casual for a law firm—people are down to earth and speak to each other on a personal level, but everyone is also very intelligent and driven. I would say people are serious about their work, but don't take themselves too seriously. Most people are very pleasant to be around, and many people/groups choose to socialize outside of the office.”
  • “SRZ is a really lovely environment in which to spend my waking hours. My colleagues are positive and genuinely take an interest in who I am as a person. Partners are approachable and genuinely want to help associates develop their fundamental lawyering skills. In my experience, associates are more than happy to collaborate and help with workloads that aren't their own. The dress code is relaxed, which I appreciate.”
  • “The culture is professional, but lawyers are encouraged to socialize with each other inside and outside of the office. The day-to-day atmosphere is pleasant and supportive.”
  • “Everyone is friends here—it's truly a community-based firm with open-door policies and no hierarchy. Lawyers interact with staff day in and day out. Everyone is respectful, for the most part.”

Why Work Here


Diversity at Schulte Roth & Zabel LLP

"SRZ is dedicated to fostering diversity and inclusion in all areas of the firm's operations, from recruitment and retention to promotion and leadership. A diverse group of talented lawyers and staff is vital to the success of our firm. Diversity makes us more creative and effective, bringing together varied perspectives, experiences and backgrounds that result in a stronger workplace and better client service. Leadership Matters SRZ's Diversity & Inclusion Committee drives the firm's diversity initiatives relating to..."

Getting Hired Here

JOB OPENINGS AT THIS COMPANY



  • “They are looking for hardworking, intelligent, and nice people. They appreciate prior work experience, diversity, clerkships, and journals.”
  • “The firm unsurprisingly hires a lot of people from the New York law schools (especially Fordham and NYU) and DC schools (especially Georgetown). It seems like they're making more of an effort to recruit from schools in other regions though, including mine...I believe that the firm is interested in finding very smart people who are also easy to work with. Having so far only participated as an interviewee, I'm not sure what the guidelines are for interviewers, but it appeared that all my interviewers had a good sense of what to ask about and what to screen for.” 
  • “We have interview training and guidelines. The firm's hiring process is definitely competitive, and the firm interviews at, and hires from, all kinds of law schools. While grades are obviously a huge factor, interviews are conversational, and attorneys are generally looking for people they can picture themselves working with on a daily basis.”

Perks & Benefits