NEW YORK, January 19, 2024 – Leading international law firm Proskauer today announced that Timothy “Tim” Mungovan has been elected by its partnership to serve as the next Chair of the Firm, commencing in April 2024. Tim currently serves as a member of Proskauer’s Executive Committee, is Chair of the Securities Litigation Group and is the immediate past Chair of the Litigation Department. Tim will succeed Steven M. Ellis, who has served in the role since January 2020.
During Steve’s tenure, Proskauer achieved record revenue and profits. With a particular focus on private capital and the sectors in which they invest, the Firm advises leading asset managers such as Apollo, Ardian, Ares, Hg Capital and Sixth Street. In addition, the Firm recently extended its private capital platform into Paris by attracting one of the best corporate teams in the market.
Tim joined Proskauer over a decade ago and has successfully built the Firm’s widely respected asset management litigation practice. He is nationally recognized for his experience in private fund litigation and disputes, having focused on asset management litigation for more than 25 years. He was appointed Chair of the Litigation Department in 2017 and served in that role for six years.
“It is an honor to step into this role and I am truly grateful for the support and confidence of my partners. Thanks to Steve’s tremendous leadership, Proskauer is experiencing great momentum,” said Tim. “From cutting-edge transactions to high-stakes litigation and trials, there is significant opportunity across all our practices. I look forward to working with everyone at the Firm to continue to execute on our strategic vision.”
“It has been a privilege to serve as Proskauer’s Chair and I am immensely proud of everything we have achieved together as a community,” said Steve. “I am delighted that Tim has been elected as my successor. He is a proven leader and a trusted counselor to his clients and colleagues. I have every confidence that Tim will continue to drive Proskauer forward as a destination firm for talent and clients across the globe.”
Proskauer is extremely proud of its culture and that it is a long-term destination for sought-after talent. It is regularly rated as a best law firm to work for and widely recognized for its diversity and inclusion programs, pro bono work and CSR initiatives.
We are 800+ lawyers serving clients from 12 offices located in the leading financial and business centers in the Americas, Europe and Asia. Since 1875, Proskauer has been devoted to our clients’ successes. Our lawyers are known for their unusually high accessibility, responsiveness and attentiveness. We go the extra mile to understand a client’s business — and think like savvy businesspeople in the process.