Firm Summary
Schulte Roth & Zabel LLP
Schulte Roth & Zabel is a Biglaw firm borne out of other Biglaw firms — in 1969, a handful of junior associates from firms who are now SRZ’s competitors got together with the idea of creating a different kind of firm. This primarily took the form of working on practice areas like trusts and estates and hedge fund law (new at the time), which many firms largely ignored. The firm’s practice remains narrow to this day, focused primarily on clients in the financial services industry. SRZ aims to be a one-stop legal shop for private equity and hedge funds, with a strong focus on corporate and transactional matters, investment management, and securities litigation. Today, the firm has nearly 350 lawyers in New York, Washington, D.C., and London.
Fun fact: Founding partners William Zabel and Paul Roth are still practicing
Firm Stats
- Firm Name
- Schulte Roth & Zabel LLP
- U.S. Lawyer Headcount
- 297
- Headcount Change Since 2016
Overall
-54
Partner
-3
- Salary Scale
- Market
- Bonus Category
- Full Match
- Hours Required
- Unspecified
- Top Feeder Schools
- Columbia Law School, Fordham University School of Law, NYU School of Law
- Average Lawyer Tenure at Firm (Years)
- 6.6
- Revenue Per Lawyer Change Over Five Years
- 17%
- Women Partners (as Percentage of U.S. Lawyer Headcount)
- 4%
- Women Partners (As a Percentage of U.S. Partnership)
- 17%
- Promotion Rate
- 3%
- Most Common Federal Case Types
- Labor, Contract, Finance
- Most Active Federal Jurisdictions
- U.S. District Court for the Southern District of New York, U.S. District Court for the District of South Carolina, U.S. District Court for the Northern District of California
- Frequent Federal Litigation Clients
- Board of Trustees of Ohio Laborers' Fringe Benefit Program, National Retirement Fund, Ruane, Cunniff & Goldfarb, Inc.
Firm Policies
Work/Life Balance
- 18 weeks primary caregiver leave
- Flex and/or reduced hours
- Tech stipend
- Subsidized backup care/emergency dependent care
- Adoption assistance
Benefits and Perks
- Bar review course (PMBR)
- Bar exam fees
- $10K salary advance
- Reimbursment of reasonable moving expenses
- Pro-rated stub bonus
- Mentoring
Other perks include: movie nights – quarterly pre-releases of blockbuster movies — a speaker series, monthly catered associate lunches, and bagel Fridays
Pro Bono Programs
- Advises nearly 50 nonprofits with diverse missions
- Have been recognized by the Innocence Project, Urban Justice Center, and Women’s Housing and Development Co., among others
- Have been named one of the Top 10 Leading Law Firms for Pro Bono by Who’s Who Legal
Wellness Resources
- Firm offers varied resources intended to improve physical, mental, and emotional well-being
- Continues to expand educational programming, partnerships with outside resources, and proactive policies
Affinity Groups
- Asian-American
- Black
- Latino
- LGBTQ
- Parents
- Women
Superstars
Paul N. Roth
Partner
One of the firm’s founding partners, Roth is widely recognized as one of the foremost experts on hedge fund law and is chair of the firm’s Investment Management Group. Roth has built up an impressive private investment funds practice over his 45-year career, representing hedge funds, private equity funds, offshore funds, investment advisers, and broker-dealers in high-profile domestic and cross-border matters.
William D. Zabel
Partner
One of the firm’s founding partners and the head of its Individual Client Services Group, Zabel represents some of the highest-net-worth individuals in the country in matters of estate planning, wills, trusts, charitable foundations, income- and gift-tax planning, estate administration, and family law. Before starting the firm, Zabel established a name for himself by writing the winning brief in the landmark Loving v. Virginia Supreme Court case.
Julian M. Wise
Partner
A partner in the firm’s New York office and co-chair of its Real Estate Group, Wise specializes in complex commercial real estate transactions. Wise has handled some of the most high-profile real estate transactions in recent decades on behalf of private equity firms, major lending institutions, and retail developers and owners.
Edward H. Sadtler
Partner
A partner in the firm’s New York office and head of its Intellectual Property, Sourcing & Technology Group, Sadtler specializes in handling IP, technology, privacy, and data security matters. In addition, Sadtler routinely advises on these matters as they relate to complex corporate deals, including M&A, private equity matters, and public offerings.
Above the Law Coverage
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Biglaw Firm Wows With Market Bonuses And Up To $40K Extra For High Billers
Nice payday!
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Associate Bonus Watch: Big Pay Day If You’ve Put In Big Hours
Firm offers additional $40K for big billers.
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Associate Bonus Watch: It’s All About The Benjamins For Top Billers At This Firm
There’s something very special in store for those who billed their behinds off…
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Associate Bonus Watch: Another Market Match (With Extra Cash For High Billers)
Is Biglaw bonus money a form of hazard pay?
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No Really, Everyone In Biglaw Is Raising Associate Salaries
Another Biglaw firm shares its PPP with associates.
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Am Law 100 Firm Delights With Bonuses That Allow Associates To Earn Big Bucks Over The Market Rate
$45,000 over market? Yes, please!
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Am Law 100 Firm Extends Its Successful Remote Work Policy Until 2021
Which firm will be the next to keep employees out of the office until the new year?
The Law Firm Transparency Project draws upon Above the Law research as well as data provided by Leopard Solutions and UniCourt. Click here for an expanded methodology and definition of terms.