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Firm Overview

Instead of trying to be everything to everybody, we’ve made a name for ourselves by delivering what our clients need most: in-depth, hands-on legal counsel throughout the financial services sector — and beyond.

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There’s a lot going on at Schulte — we’re wrapping up high-profile matters, welcoming talented new lawyers, speaking on issues that affect our clients, and more.

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Pro Bono

Throughout our history, Schulte has provided comprehensive pro bono services to local and national nonprofit organizations. Today, we serve more than 50 nonprofits and work to advance a variety of social justice causes.

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Diversity and Inclusion

Inside the firm, we work hard to attract diverse, talented lawyers and encourage their career growth and advancement. And outside the office, we’re active in volunteer drives and local initiatives that support women and minorities’ professional success.

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Social Responsibility

We take doing “good work” seriously — whether we’re talking about our high ethical standards or the way in which we foster a positive and inclusive culture for our personnel and support local communities.

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  • New York

    • 919 Third Avenue
    • New York, NY 10022
    • United States of America
      • +1 212.756.2000 Phone
      • +1 212.593.5955 Fax
  • Washington, DC

    • 901 Fifteenth Street, NW, Suite 800
    • Washington, DC 20005
    • United States of America
      • +1 202.729.7470 Phone
      • +1 202.730.4520 Fax
  • London

    • One Eagle Place
    • London SW1Y 6AF
    • United Kingdom
      • +44 (0) 20 7081 8000 Phone
      • +44 (0) 20 7081 8010 Fax

On Aug. 31, 2020, the Commodity Futures Trading Commission announced that three of its divisions have respectively issued revised no-action letters providing additional relief to swap dealers and market participants related to the industry-wide initiative to transition from swaps that reference LIBOR and other interbank offered rates to swaps referencing alternative benchmarks.

The Division of Swap Dealer and Intermediary Oversight issued “CFTC Staff Letter No. 20-23” to provide relief to swap dealers from registration de minimis requirements, uncleared swap margin rules, business conduct requirements, confirmation, documentation and reconciliation requirements and certain other eligibility requirements.

The Division of Market Oversight issued “CFTC Staff Letter No. 20-24” to provide time-limited relief from the trade execution requirement.

The Division of Clearing and Risk issued “CFTC Staff Letter No. 20-25” to provide time-limited relief from the swap clearing requirement and related exceptions and exemptions.

Key Publications

CFTC Staff Letter No. 20-23 (Division of Swap Dealer and Intermediary Oversight)

CFTC Staff Letter No. 20-24 (Division of Market Oversight)

CFTC Staff Letter No. 20-25 (Division of Clearing and Risk)