Proskauer Rose LLP

Has anyone ever heard of this firm before? I know its a law firm, but I have a final round interview them for a finance position.
How prestigious are they? Is it possible to start out there and transition to an IB?

The position title is corporate finance Strategy Junior Analyst. The job description is below

The junior analyst will support the corporate finance practice, which is one of the fastest growing practice groups at Proskauer and in the market. The position is for a newly developed role within the organization and will be pioneering new methodologies and best practices for future analysts. The junior analyst will support the senior analyst in conducting market research for business origination efforts. Such efforts include identifying potential IPO targets, tracking refinancing opportunities, identifying key executives, and cross referencing mutual contacts. The junior analyst will also have the opportunity to assist in the negotiation process for capital markets deals. The position reports to the Capital Markets Manager.

Duties and Responsibilities
- Create and maintain lists of potential contacts for deal sourcing and business origination
- Coordinate meetings with head partners
- Produce and distribute marketing and meeting materials
- Leverage public and non-public sources to identify key executives
- Maintain and use Proskauer’s proprietary databases of high-yield deals and IPOs to provide value added client services
- Work on ad hoc and special projects requested by senior management

 

Not a banker, but in front office finance. Proskauer is a 'new' white shoe law firm. Solid reputation, some really good practice groups. As for getting into IBD, usually ppl from law firms would be corporate lawyers who have solid experience in running a deal and knowing the various legal issues. Doesn't sound like you'll be getting that experience so it might be a bit of a tough sell on your part.

 

Breaking into IB from any non-M&A corpfin position at any company is going to be a tough sell without a top MBA. That said, this description is weird and it's definitely not a standard internal accounting/finance function. It almost seems like it's corpstrat-type work.

I honestly have no idea about this, I'm going to tag some people to see if they know...

@"Nefarious-" @"Going Concern" @"TheGrind" @"Dingdong08"

Random group, hopefully one of them has an idea

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 
Best Response

Honestly, weird description and something only lawyers could draft (no offense to lawyers, but kind of). It sounds a bit like biz dev but it's not clear and biz dev for legal services would be odd of you're not an attorney. I have no idea if PR is trying to start up a non-legal corporate finance/m&a practice but I know one of the law firms we use, DLA, started to explore being bankers to a degree but the problem was they wanted to charge discounted hourly legal fees and take a success fee.

I'd check out the interview and see what they say.

 

Huge law firm. Big in M & A, real estate, sports.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
 
ny23:
They're kind of a big deal in Big Law

But nowhere as big a deal as Skadden, Sullivan, Cravath and Wachtell. The other V5 (or ex-V5), LaTTTham, is evil reincarnated.

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
 

I'm only a junior but I know some people that work there. If you have any questions feel free to PM me and I'll answer/find answers as best I can.

 

Repellendus commodi odit pariatur at et. Nulla et assumenda ut veniam qui. Animi ducimus aut cumque fugiat consequatur. Nihil laboriosam sit odio dolore in libero eaque. Voluptas sed facere hic nihil mollitia eos.

Cupiditate ad nemo autem quia libero molestias nihil. Quod quas voluptatem fugit praesentium fugit et. Et et magni ullam sit consequatur aut. Atque iure magni officia neque. Aut ea et in.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”