Lawyers & Professionals

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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Firm News

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, Equity 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 underrepresented groups.

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Alumni

If you’re a current or former Schulte lawyer, join our Alumni Network on LinkedIn to stay connected with old friends, make new contacts, and share your successes, ideas and insights.

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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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Offices

  • 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

In 2021, private fund managers faced a persistent wave of cyberattacks with potential to inflict devastating harm. In a ransomware attack—the fastest-growing type of cyberattack—perpetrators threaten to take action that would result in a wholesale inability to access critical systems if the ransom is not paid.

Cyberattacks continue to grow in frequency and scope, as new reports claim that the group responsible for the SolarWinds attack targeted more than 600 organizations with nearly 23,000 attacks in its latest campaign.

The Securities and Exchange Commission has been increasingly aggressive in enforcing requirements for managers to maintain reasonable cybersecurity policies.

While many fund managers have stepped up their cybersecurity programs, cybercriminals continue to develop new ways to circumvent security measures. As fiduciaries that hold sensitive financial information, fund managers should be periodically evaluating and testing their preparedness for a cyber event.

The foundation of an effective cybersecurity breach response is the development and maintenance of an incident response plan. An IRP can be included as part of, or attached to, the firm's information security policy. By establishing policies and identifying resources for responding to a cyberattack before it happens, an IRP frees up resources to focus on assessing the nature of the specific attack at hand and taking measures to remediate and contain it.