In December, Proskauer laid off 35 associates and 25 staffers; and a few weeks ago the firm reported a drop in profits. In February, the firm poached a bankruptcy group from Winston & Strawn.
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Founded in 1875, Proskauer Rose, formerly known as Proskauer Rose Goetz & Mendelsohn, is one of the United States’ largest law firms, with offices in (deep breath!) New York City, Los Angeles, Washington DC, Boston, Boca Raton, Chicago, Newark, New Orleans, São Paulo, London, Hong Kong, and Paris.