SRZ attracts associates who are social and hardworking, and the firm 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 this commitment. Schulte Roth & Zabel today primarily advises clients in the financial services industry, with a particular emphasis on representing investment management firms. Relatively narrow in practice scope by BigLaw standards, SRZ trains its focus on investment mana...
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Schulte is holistic in its recruiting approach, evaluating candidates on more than just law school and grades—the right personality and ties to New York are important factors. The firm is very social, and even throughout the pandemic, the collegial culture has been maintained from the top down. Associates give the firm kudos for its transparency, which is in part facilitated by frequent town hall meetings. Workload ebbs and flows, but associates are satisfied with the 2,000-hour billable-hour requirement, and they appreciate the firm’s decision to reduce the requirement during the pandemic. Compensation is market with additional targets for higher bonuses, and associates are pleased with their pay. Work is substantive with increasing responsibility as associates progress. Training...
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. V...