Proskauer Rose history

In 1907, Rose promoted associate Benjamin Paskus to partner and renamed the firm Rose & Paskus.

Until 1908, the partners were largely engaged in a personal, family, and real estate practice catering to Jewish families.

Rose's son Alfred L. Rose joined the firm in 1911, when it had four other lawyers besides the partners.

The adoption of the federal income tax in 1913 gave Rose & Paskus a new line of business in which Paskus excelled.

By 1923, both partners of Rose & Paskus were deteriorating in health.

In-house lawyers Lawrence Coit, Sylvan Gotschal, and Walter Mendelsohn were also made partners in 1926.

The firm was renamed Proskauer, Rose, Goetz & Mendelsohn in 1942.

1976: Partner David J. Stern helps arrange the merger of two pro basketball leagues.

In 1988, the firm recruited Arnold Burns, second-in-command at the United States Department of Justice, to head its Washington office.

By 1989, there was also a San Francisco office.

Proskauer Rose Goetz & Mendelsohn moved from its Park Avenue headquarters in 1990 to a new 43-story office building at 1585 Broadway, between West 47th and 48th streets.

In 1991, Proskauer Rose, Goetz & Mendelsohn entered another "grubby" field when it brought in Ronald Storette and Lowell Gettman to head a new practice in immigration and naturalization law.

In 1995, John Gross, formerly head of insurance litigation practice for Anderson Kill & Olick, joined the firm to assume its practice in that field.

Randy Levine, another of the firm's lawyers, was major league baseball's chief negotiator for the five-year agreement with the players' union signed in 1996.

Lipson, who became co-chair of the firm's real estate practice, reportedly brought in $6 million worth of fees in 1997 alone.

Proskauer Rose established a new-media practice, called iPractice, and in 1999 decided to cut its normal $450-an-hour fee for new-media and Internet policy.

The firm was employing, in early 2002, 550 lawyers in Boca Raton, Los Angeles, Newark, Paris, and Washington.