Proskauer Private Credit NY Forum

[Anonymous User]

Any views on what the vibe is? Do people generally like working there?

[Anonymous User]

Not a big name in this space. Not even a name really.

[Anonymous User]

OP here. That’s surprising to me. Can you elaborate?

https://chambers.com/legal-rankings/pri ... 29:12788:1

[Anonymous User]

It's a solid firm, not sure what you expect to find out (or what the first reply has against them).

[Anonymous User]

OP here. Just curious whether people like working there. What’s the climate in the group, any major red flags.Thanks!

[Anonymous User]

OP here. That’s surprising to me. Can you elaborate?

https://chambers.com/legal-rankings/pri ... 29:12788:1

Well, these chambers rankings for this group are barely a year old, which makes sense given how young of a product private credit is. I like proskaeur a lot in other contexts (their sports group is well regarded) but you asked for my opinion on their private credit practice and my experience is that I don't see them very often on deals. I see STB, Paul Weiss (Apollo) and K&E a lot more than any other firm named in that list (besides Akin, who pops up occasionally).

[Anonymous User]

OP here. That’s surprising to me. Can you elaborate?

https://chambers.com/legal-rankings/pri ... 29:12788:1

Well, these chambers rankings for this group are barely a year old, which makes sense given how young of a product private credit is. I like proskaeur a lot in other contexts (their sports group is well regarded) but you asked for my opinion on their private credit practice and my experience is that I don't see them very often on deals. I see STB, Paul Weiss (Apollo) and K&E a lot more than any other firm named in that list (besides Akin, who pops up occasionally).

Are you like in-house at a mid-market PC firm that mainly does assignments or in a creditor side private credit group? You named mostly borrower focused shops. Proskauer has a very strong market share in UMM private credit (DPW and Latham have edged it out on mega-unitranches) and private credit is likely their strongest group.

[Anonymous User]

OP here. That’s surprising to me. Can you elaborate?

https://chambers.com/legal-rankings/pri ... 29:12788:1

Well, these chambers rankings for this group are barely a year old, which makes sense given how young of a product private credit is. I like proskaeur a lot in other contexts (their sports group is well regarded) but you asked for my opinion on their private credit practice and my experience is that I don't see them very often on deals. I see STB, Paul Weiss (Apollo) and K&E a lot more than any other firm named in that list (besides Akin, who pops up occasionally).

Are you like in-house at a mid-market PC firm that mainly does assignments or in a creditor side private credit group? You named mostly borrower focused shops. Proskauer has a very strong market share in UMM private credit (DPW and Latham have edged it out on mega-unitranches) and private credit is likely their strongest group.

Echoing the last response above. I don't know what the first anon is talking about. Speaking from bias, as I work at Proskauer (not in PC, but a tangential group and we work together frequently), but the PC group is extremely well-regarded and busy and is probably the fastest growing practice at the firm, and I've always enjoyed working with everyone I've interacted with over there

[Anonymous User]

I'm a borrower-side lawyer at one of the three borrower-side firms mentioned above. Prosk does a lot of private credit deals and I'm across from them often. People seem reasonably pleasant; quality seems equivalent to the not-tippy-top broadly syndicated tree shops (Milbank, STB, etc).