Proskauer Rose LLP is recognized for its ‘very strong’ capabilities in advising private equity entities, portfolio companies, and corporations from various sectors on a comprehensive range of benefits and executive compensation matters. The practice is led by Seth Safra from Washington DC, who specializes in retirement, health, and welfare plans, addressing ESOPs, ERISA compliance, and severance schemes. Andrea Rattner in New York is known for her guidance on transactional issues, including equity awards, change-in-control provisions, retention strategies, and post-transaction compensation planning. Ira Bogner, also in New York, offers expertise to asset managers on ERISA fiduciary concerns related to the formation of private funds. Colleen Hart in Los Angeles is adept at designing executive compensation arrangements for private equity clients and their portfolio companies, while David Teigman, based in New York, handles executive compensation and benefits in the context of M&A, securities transactions, and senior executive agreements. Paul Hamburger retired in August 2023.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'Proskauer is very strong in the area of employee benefits and executive compensation. The practice works very well with their labor and employment practice.'

Key clients

  • Consolidated Edison, Inc.
  • OpSec Group
  • Newbury Partners
  • Integrated DNA Technologies
  • Henry Schein, Inc.
  • Houlihan Lokey
  • Church & Dwight
  • Morgan Stanley Capital Partners
  • Truist Securities, Inc., Cowen and Company, LLC and Roth Capital Partners, LLC
  • Portfolio Company of MGG
  • The Raine Group LLC
  • Sole Source Capital
  • Owl Rock Capital Corporation
  • Doodles LLC
  • Designers Axis, LLC
  • Patria Investments
  • 7RIDGE Ltd.
  • Mosaic Dental Collective LLC
  • The Firmament Group
  • CSFC Management Company LLC (CapitalSpring)
  • TGL Golf Holdings LLC
  • AR Global, LLC
  • Dansons US LLC
  • Vesey Street Capital Partners (Vesey Street)
  • HealthEquity
  • Ascend Capital Partners Manager, LP
  • Willard Ahdritz
  • Private Credit Lenders

Work highlights

  • Advised Consolidated Edison, Inc. on the executive compensation, employee benefits, and human capital aspects of its sale of Con Edison Clean Energy Businesses, Inc. to RWE Renewables Americas, LLC.
  • Advised Patria Investments on the sale of its portfolio company ODATA to Aligned Data Centers, a hyperscale data center platform.
  • Represented CapitalSpring and its portfolio companies in transactions with an aggregate deal value of nearly $1 billion, including acquisitions of Taco Bell and McAlister’s Deli franchise businesses, Escalante’s Comida Fina, LLC, and a minority investment in Bushfire Kitchen.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Seth Safra

Other key lawyers

Andrea Rattner, Ira Bogner, Colleen Hart, David Teigman