Otterbourg, Steindler, Houston & Rosen, P.C.

What Otterbourg, Steindler, Houston & Rosen, P.C. does

Otterbourg, Steindler, Houston & Rosen, P.C. is a New York City-based business and financial law firm founded in 1909, operating as a privately held professional corporation with 51-100 employees. The firm represents financial institutions — including banks, asset-based lenders, hedge funds, finance companies, and insurance companies — as well as public and private corporations, insolvency stakeholders, and high-net-worth individuals. Its practice is organized across seven areas: Banking and Finance (the flagship), Corporate, Litigation, Privacy and Cybersecurity, Real Estate, Restructuring and Bankruptcy, and Trusts and Estates, with the Banking and Finance group further broken into Acquisition Finance, Asset Based Lending, Lender Finance, DIP Financing, Supply Chain and Trade Finance, International Lending, and Syndicated Lending.

The firm has built deep, durable relationships across the asset-based lending and syndicated loan markets, anchored by its role as co-general counsel to the Commercial Finance Association (now Secured Finance Network) and partner positions at the Loan Syndications and Trading Association, the Association of Commercial Finance Attorneys, and UNCITRAL's secured transactions project. The Restructuring and Bankruptcy practice, chaired by a former Chief Bankruptcy Judge of the Eastern District of New York, has been ranked third nationally for DIP financing counsel (Debtwire, 1H 2019) and earned five U.S. News Tier 1 rankings in 2017, including national Tier 1 in banking and finance law.

Revenue is generated through traditional professional services fees — hourly billing, fixed fees, and retainer arrangements — for complex, episodic, large-ticket matters such as financing transactions, Chapter 11 representations, M&A, and litigation. Client acquisition is partner-led through industry reputation, conference participation, and direct institutional relationships, with cross-border work supported by an ad-hoc international network of unaffiliated law firms. The firm maintains a single office at 230 Park Avenue, New York. There is no disclosed AI/ML or proprietary technology capability; the firm's competitive position rests on brand, talent, and institutional relationships rather than technology.

Name

Otterbourg, Steindler, Houston & Rosen, P.C.

Legal name

Otterbourg, Steindler, Houston & Rosen, P.C.

Website

https://otterbourg.com

Company type

Private

Founded year

1909

Operating status

Operating

Headcount range

51–100 employees

Short description

Otterbourg, Steindler, Houston & Rosen, P.C. is a New York City business and financial law firm founded in 1909, representing banks, asset-based lenders, hedge funds, insurance companies, and corporations across banking and finance, restructuring and bankruptcy, corporate, litigation, real estate, privacy and cybersecurity, and trusts and estates.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110), Legal Services (5411)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Mergers & Acquisitions (M&A) & Securities Law (BPAHAAAI)

akta.pro secondary industries

Business Valuation & Litigation Support (BPAHABAK), Litigation Support & Expert Witness (Valuation-Related) (BPAHANAG), Litigation & Dispute Valuation (damages, shareholder disputes) (FSAEAHAI)

Keywords

• Banking finance law
• Restructuring bankruptcy
• Corporate legal counsel
• Litigation services
• Financial services law

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Legal Services - Professional Fees: The firm generates revenue through legal fees charged to clients for representation in banking and finance transactions, litigation, restructuring and bankruptcy, corporate matters, real estate transactions, and trusts and estates. Fee arrangements include hourly billing, fixed fees for specific matters, and retainer arrangements typical of law firm practice.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Otterbourg, Steindler, Houston & Rosen, P.C. is a New York City law firm providing specialized legal services in banking and finance, corporate, litigation, privacy and cybersecurity, real estate, restructuring and bankruptcy, and trusts and estates. The firm primarily represents financial institutions (banks, asset-based lenders, hedge funds, finance companies, insurance companies) and corporations in domestic and cross-border financing transactions, mergers and acquisitions, restructurings, bankruptcy proceedings, litigation, and wealth transfer matters.

Product overview

Otterbourg, Steindler, Houston & Rosen, P.C. is a New York City law firm offering a comprehensive suite of legal services organized into seven practice areas: Banking and Finance, Corporate, Litigation, Privacy and Cybersecurity, Real Estate, Restructuring and Bankruptcy, and Trusts and Estates. The firm's flagship practice is its Banking and Finance group, which encompasses specialized sub-services including Acquisition Finance, Asset Based Lending, Lender Finance, Bankruptcy Financing (DIP Financing), Supply Chain and Trade Finance, International Lending, and Syndicated Lending. The Restructuring and Bankruptcy practice is also a cornerstone offering, providing insolvency representation nationwide. The firm's practices are supported by litigation capabilities and specialized services in privacy/cybersecurity and real estate.

Differentiator

Problem solved

Functional benefit

Products and services

• Banking and Finance Legal Services
• Corporate Legal Services
• Litigation Services
• Privacy and Cybersecurity Legal Services
• Real Estate Legal Services
• Restructuring and Bankruptcy Legal Services
• Trusts and Estates Legal Services

Quantifiable outcome

• Ranked third among law firms as lead counsel in DIP Financing (Debtwire 2019)
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Commercial Finance Association (CFA) / Secured Finance NetworkcoreStrategic or Co-development PartnerOtterbourg serves as co-general counsel to the Commercial Finance Association (now known as Secured Finance Network), the national trade association for lenders engaged in asset-based lending. This position places the firm at the forefront of addressing issues that affect the industry and its clients.
• Goldberg Kohn Ltd.coreStrategic or Co-development PartnerOtterbourg and Goldberg Kohn Ltd. jointly serve as co-general counsel to the Commercial Finance Association and have collaborated on amicus briefs, including submissions to the U.S. Court of Appeals for the Ninth Circuit.
• Loan Syndications and Trading AssociationminorStrategic or Co-development PartnerOtterbourg attorneys have given programs on intercreditor agreements sponsored by the Loan Syndications and Trading Association, addressing issues affecting syndicated loan markets.
• Association of Commercial Finance AttorneysminorStrategic or Co-development PartnerOtterbourg attorneys collaborate with the Association of Commercial Finance Attorneys on educational programs and legal developments in commercial finance.
• United Nations Commission on International Trade Law (UNCITRAL)coreStrategic or Co-development PartnerDavid Morse represents the Commercial Finance Association to UNCITRAL in its current project on secured transactions law, providing unique understanding of international secured lending issues.
• Asset Based Finance AssociationminorStrategic or Co-development PartnerPartner in the International Lending Conference along with the Commercial Finance Association and International Factoring Association, bringing together lenders and practitioners from around the world.
• International Factoring AssociationminorStrategic or Co-development PartnerPartner in the International Lending Conference along with the Commercial Finance Association and Asset Based Finance Association.
• International Network of Law FirmsminorStrategic or Co-development PartnerOtterbourg has created a network of legal practitioners around the world so clients can select the best practitioners in any country to work on cross-border transactions and cases.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cadwalader, Wickersham & Taft LLP: Historic NYC law firm with a parallel focus on banking and finance, restructuring, and corporate transactions. Highly comparable to Otterbourg in client base (financial institutions), practice mix, and NYC-centric boutique structure.
• Fried, Frank, Harris, Shriver & Jacobson LLP: NYC-headquartered law firm with strong banking and finance, restructuring, and private equity practices. Direct peer serving similar financial institution clients with overlapping restructuring and finance capabilities.
• Kramer Levin Naftalis & Frankel LLP: NYC law firm with comparable strength in banking and finance, restructuring, and commercial litigation. Similar mid-sized boutique structure serving institutional financial clients.

Broad incumbents

• Akin Gump Strauss Hauer & Feld LLP: Global law firm with one of the largest restructuring practices globally and a strong finance practice. Competes for the same large creditor committee and DIP financing mandates as Otterbourg but with much broader geographic and practice reach.
• Latham & Watkins LLP: Global law firm with leading banking and finance, restructuring, and M&A practices. Competes with Otterbourg for major finance transactions but as part of a much broader full-service platform with global offices.
• Davis Polk & Wardwell LLP: Premier NYC-headquartered law firm with elite banking, finance, and restructuring practices. Competes for the highest-value finance and restructuring mandates from large financial institutions.
• Skadden, Arps, Slate, Meagher & Flom LLP: Major global law firm with strong banking and finance, restructuring, and corporate practices. Competes for large creditor committee and M&A mandates similar to Otterbourg's core work.
• Goodwin Procter LLP: Law firm with strong lender finance, banking and finance, and restructuring practices, particularly serving asset-based lenders and private credit funds. Overlaps significantly with Otterbourg's lender finance and specialty finance sub-practices.
• Holland & Knight LLP: Large law firm with a strong banking and finance practice serving asset-based lenders and commercial finance companies. Competes with Otterbourg in the secured lending and trade finance space.
• ArentFox Schiff LLP: National law firm with banking and finance, restructuring, and corporate practices. Comparable to Otterbourg in serving middle-market financial institutions and commercial finance companies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Otterbourg, Steindler, Houston & Rosen, P.C.