June 1, 2005 (New York, NY) - Proskauer Rose LLP, an international law firm with over 625 lawyers in the U.S. and Europe, has been recognized in the new Chambers USA, an annual directory of America's leading business lawyers. Thirty-one Proskauer attorneys and 18 practice areas were included in this year's edition, widely acknowledged as one of the world's top arbiters of legal achievement.

Proskauer's national commercial litigation practice received Chambers' highest ranking, and was cited for its hiring of Howard Shapiro, one of the nation's foremost ERISA attorneys and the head of the firm's New Orleans office. The firm's national sports law practice also received the highest ranking, with the group's attorneys described as a "dream team" with some of "the finest skills in the country."

In addition, Proskauer's New York employment practice was given the highest ranking and was recognized as the "big daddy in town" for its broad base of services, range of quality clients and sizeable market share in addition to "understanding the practical needs of the client." The firm's Boston private equity practice was also ranked first, with its attorneys described as among the "deepest and most experienced in the country." A number of individual Proskauer attorneys were also ranked first in their practice areas.

The annual Chambers rankings are determined from interviews with clients and attorneys across the country. The results are independently audited and based on a number of criteria including technical legal ability, professional conduct, client service, commercial awareness/astuteness, diligence, commitment, and other qualities most valued by clients.

"It is an honor for our attorneys to be included in Chambers USA and we are proud of their achievements," said Allen Fagin, Chairman of Proskauer Rose. "We are especially proud of the recognition we have received across Proskauer's practice areas and offices – it is a testament to our commitment to providing the highest level of integrated and strategic service to our clients."

The Proskauer Rose attorneys included in this year's Chambers USA as among the nation's leading practitioners in their areas are:

Bankruptcy/Restructuring:

New York
Alan Hyman

Employee Benefits & Executive Compensation:

New York
Mike Sirkin

Employment:

California
Anthony J. Oncidi

New Jersey
Edward Cerasia
Marvin M. Goldstein
Lawrence Sandak

New York
Allen Fagin
Howard Ganz
Bettina Plevan
Bernard Plum
Paul Salvatore

Environment:

New York
Robert Kafin
Gail Port

Healthcare:

New York
Edward S. Kornreich

Insurance:

New York
John Gross

Intellectual Property:

Massachusetts
Steven M. Bauer
Joseph A. Capraro Jr.

District of Columbia
Jon Baumgarten

Litigation - General Commercial:

National
Howard Shapiro

California
Richard Marmaro

Media & Entertainment:

New York
Charles Ortner
Charles Sims

Private Equity:

Massachusetts
Daniel P. Finkelman
Malcolm B. Nicholls III
Robin A. Painter
David W. Tegeler

Real Estate:

New York
Lawrence Lipson
Ronald D. Sernau

Sports Law:

National
Howard Ganz
Joseph M. Leccese
Bradley I. Ruskin

Tax:

Massachusetts
Arnold P. May

In addition, the following practice areas were recognized in the 2005 Chambers USA:

National:

Litigation: General Commercial
Sports Law

New York:

Bankruptcy/Restructuring
Corporate/M&A
Employee Benefits & Executive Compensation
Employment
Environment
Healthcare
Insurance
Media & Entertainment
Real Estate

California:

Employment
Litigation: General Commercial (California)

Massachusetts:

Intellectual Property
Private Equity
Tax

District of Columbia:

Intellectual Property

New Jersey:

Employment