Pachulski Stang Ziehl & Jones LLP

What Pachulski Stang Ziehl & Jones LLP does

Pachulski Stang Ziehl & Jones LLP (PSZJ) is a US-based law firm founded in 1983 and headquartered in Los Angeles, California. With 251-500 employees including 80+ attorneys each holding 15+ years of experience, the firm describes itself as the largest US law firm devoted primarily to corporate restructurings. PSZJ operates through five offices strategically positioned in the country's most active bankruptcy jurisdictions: Los Angeles, New York, San Francisco, Wilmington (Delaware), and Houston.

The firm's four core practice areas are Business Reorganizations & Workouts, Bankruptcy Litigation, Corporate (M&A and debt financings), and Business and Commercial Litigation. These are supported by specialized sub-practices covering cross-border insolvency (Chapter 15), municipal bankruptcies (Chapter 9), assignments for the benefit of creditors (ABCs), Section 363 asset sales, bankruptcy financing disputes, avoidance actions and claims litigation, and bankruptcy appeals. PSZJ represents all principal bankruptcy constituencies: debtors, creditors' committees, trustees, bondholders, asset purchasers, and third-party plan proponents. Notable representations have included the Weinstein Company, Vital Pharmaceuticals (acquired by Monster Beverage for $362 million), Red Lobster (over $1 billion in debt), At Home Group, the Archdiocese of New Orleans ($230 million abuse-claimant settlement), Carbon Health Technologies ($33 million new capital, $100 million debt-for-equity exchange), and STS Renewables (Chapter 15 foreign representative).

Revenue is generated through hourly billing on multi-year restructuring engagements; rates are not publicly disclosed. The firm markets via industry rankings (Chambers USA, Best Lawyers, Law360, Super Lawyers, Benchmark Litigation, Lawdragon), thought-leadership publications (ABI Journal, American Lawyer, Daily Journal, Bloomberg Law), and conference participation (ABI, TMA, IBA). Client acquisition is partner-driven and reputation-led, with direct engagement from the firm's five US offices. PSZJ is structured as a limited liability partnership with no parent entity or institutional ownership disclosed.

Name

Pachulski Stang Ziehl & Jones LLP

Legal name

Pachulski Stang Ziehl & Jones LLP

Website

https://pszjlaw.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

251–500 employees

Short description

Pachulski Stang Ziehl & Jones LLP is the largest US law firm devoted primarily to corporate restructurings, providing bankruptcy, insolvency, and litigation representation to enterprises, mid-market companies, and creditor constituencies across five US offices.

Ownership category

akta.pro rank

Product category

Bankruptcy and Corporate Restructuring Legal Services

NAICS

Legal Services (5411), All Other Legal Services (541199)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Bankruptcy, Restructuring & Insolvency Law (BPAHAAAH)

akta.pro secondary industries

Distressed M&A & Special Situations Advisory (BPAHAOAH), Distressed M&A & Special Situations Advisory (BPAHADAN)

Keywords

• Bankruptcy legal services
• Corporate restructuring law
• Chapter 11 representation
• Creditors committee counsel
• Insolvency litigation

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Legal Services - Hourly Billing: PSZJ generates revenue through hourly billing for legal representation in bankruptcy cases, out-of-court workouts, and related litigation. Services are provided to debtors, creditors' committees, trustees, bondholders, asset purchasers, and third-party plan proponents across chapter 11, chapter 9, and chapter 15 proceedings.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Pachulski Stang Ziehl & Jones LLP provides specialized legal representation in corporate restructuring and bankruptcy matters. Its core offerings span four practice areas: Business Reorganizations & Workouts (chapter 11 cases and out-of-court workouts for debtors, creditors' committees, trustees, bondholders, asset purchasers, and plan proponents), Bankruptcy Litigation, Corporate (M&A, financings, commercial matters), and Business and Commercial Litigation, supplemented by specialized practices in Chapter 15 cross-border insolvency, Chapter 9 municipal bankruptcies, Assignments for the Benefit of Creditors (ABCs), Section 363 asset sales, DIP financing disputes, avoidance actions, and bankruptcy appeals.

Product overview

Pachulski Stang Ziehl & Jones LLP is a law firm offering specialized legal services primarily focused on corporate restructuring and bankruptcy. The firm's core offerings consist of four main practice areas: Business Reorganizations & Workouts (handling chapter 11 cases and out-of-court workouts for various constituencies), Bankruptcy Litigation (representing parties in bankruptcy-related disputes), Corporate (M&A, financings, and commercial matters), and Business and Commercial Litigation. These core practices are supported by specialized sub-practices including Crossborder Insolvency and Chapter 15, Municipal Bankruptcies (Chapter 9), Assignments for the Benefit of Creditors (ABCs), Asset Sales, Bankruptcy Financing Disputes, Avoidance Actions and Claims Litigation, and Bankruptcy Appeals. The firm represents debtors, creditors' committees, trustees, bondholders, asset purchasers, and other constituencies across diverse industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Reorganizations & Workouts
• Bankruptcy Litigation
• Corporate
• Business and Commercial Litigation
• Crossborder Insolvency and Chapter 15
• Municipal Bankruptcies - Chapter 9
• Assignments for the Benefit of Creditors (ABCs)
• Asset Sales
• Bankruptcy Financing Disputes
• Avoidance Actions and Claims Litigation
• Bankruptcy Appeals

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Bennett JonescoreImplementation/ SI/ Consulting Partner · 1 January 2026Canadian co-counsel partnership in STS Renewables chapter 15 case. PSZJ worked alongside Bennett Jones as Canadian co-counsel representing the foreign representative in cross-border insolvency proceedings.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Latham & Watkins LLP: Latham's restructuring and special situations practice represents debtors and creditors in major bankruptcies. Comparable to PSZJ in sophisticated restructuring work and cross-border mandates.
• Skadden Arps Slate Meagher & Flom LLP: Skadden's restructuring group is a leading player in large chapter 11 matters and cross-border insolvency. Comparable to PSZJ in complex restructuring mandates and creditor/debtor representation.
• Kirkland & Ellis LLP: Kirkland's restructuring group is among the most active in the country, frequently representing both debtors and creditors in mega-bankruptcies. Comparable to PSZJ in major chapter 11 mandates and committee work.
• Jones Day: Jones Day fields a substantial bankruptcy and restructuring practice with deep bench strength across multiple US offices. Comparable to PSZJ in major chapter 11 work and creditor committee representation.
• Weil, Gotshal & Manges LLP: Weil is the historical gold-standard dedicated restructuring firm with a massive chapter 11 practice. Directly comparable to PSZJ as a bankruptcy specialist serving debtors, creditors' committees, and trustees in the largest restructurings.
• Akin Gump Strauss Hauer & Feld LLP: Akin Gump operates one of the largest dedicated restructuring practices in the US, with deep creditor-side and debtor-side capabilities. Comparable to PSZJ in committee representation and large chapter 11 mandates.
• Sullivan & Cromwell LLP: Sullivan & Cromwell's restructuring group handles many of the most complex large-cap restructurings and cross-border insolvencies. Comparable to PSZJ in high-end bankruptcy advisory and litigation.
• Paul, Weiss, Rifkind, Wharton & Garrison LLP: Paul Weiss has a top-tier restructuring practice frequently engaged on the largest chapter 11 cases. Comparable to PSZJ in debtor-side representation and complex bankruptcy litigation.
• Davis Polk & Wardwell LLP: Davis Polk's restructuring practice handles many of the largest US chapter 11 cases for debtors and creditors. Comparable to PSZJ in high-end bankruptcy representation and SDNY/Delaware filings.
• Young Conaway Stargatt & Taylor LLP: Young Conaway is the dominant Delaware bankruptcy boutique, representing debtors and committees in Delaware chapter 11 cases. Comparable to PSZJ in Delaware court practice and committee-side engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Pachulski
• Facebookfacebook.com/pszjlaw
• LinkedInlinkedin.com/company/pachulski-stang

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Pachulski Stang Ziehl & Jones LLP