ST&G is widely recognized as one of the premier bankruptcy law boutiques. When local and national publications put together their "Best Lawyers" lists, the attorneys from ST&G are always well-represented, if not over-represented, in the field of bankruptcy. As one such publication stated, "The bankruptcy attorneys in California (particularly the enclave at Stutman, Treister & Glatt) are the best in the country . . . ."
The firm's practice is fast moving and constantly challenging. Because a debtor's general business and legal problems often become acute when it encounters financial difficulties, members of the firm are required to deal with diverse areas of substantive business law, including bankruptcy, commercial, tax, securities and real property law. Moreover, the "debtor's attorney" must develop a high degree of competence in all skills performed by lawyers, e.g., negotiation, litigation, legal drafting, client relations and, most importantly, understanding the business and financial issues facing our clients. At ST&G, associates are immediately given as much responsibility and independence as they are capable of handling in all of these areas.
The firm places great emphasis on superior academic and professional achievement. Members of the firm have taught on the faculties of the University of Southern California, Loyola, University of Utah, Brigham Young and Arizona State law schools. Many members teach specialized courses sponsored by the American Law Institute/American Bar Association, California Continuing Education of the Bar, and several other organizations. Members of the firm include former law clerks to United States Supreme Court Justices; several former law clerks to federal appeals and district court judges; several former editors and members of law reviews from Harvard, Stanford, Columbia, Boalt, Duke, New York University (NYU), University of California at Los Angeles (UCLA), University of Southern California (USC), University of California at San Diego (UCSD) and University of Maryland; a contributing author of Collier on Bankruptcy; members of the National Bankruptcy Conference and American College of Bankruptcy; a former Chair of the Business Bankruptcy Committee of the American Bar Association Section on Business Law; several past Presidents of the Los Angeles Financial Lawyers Conference; and numerous Chairs of State and Los Angeles County Bar Committees (on Debtor/Creditor Relations, UCC, and Bankruptcy).
The firm's outlook on life in the legal profession is progressive and democratic. ST&G is fully committed to its longstanding "lock-step" compensation system, by which all members of the same class receive the same salary and bonus as all other members, in order to maximize collegiality and minimize intra-firm competition. Advancement in the firm is also designed to eliminate intra-firm competition; currently, a qualified associate becomes a principal approximately 5 years after joining the firm, and a senior principal approximately 12 years later.
Because ST&G hires only the most highly qualified and motivated associates (i.e., those who demonstrate clear potential for becoming principals of the firm), it compensates them accordingly. Thus, associates at the firm are paid at rates that are competitive with, and sometimes exceed, those paid by most other leading Los Angeles firms.
In addition to providing competitive fringe benefits, the firm has a long-standing sabbatical program for attorneys who have become principals. Approximately once every five years, each attorney is entitled to a fully paid three-month sabbatical. Attorneys can do whatever they please during their sabbatical. Traditionally, most attorneys spend their sabbaticals traveling or teaching. Those attorneys who join the firm directly out of law school can plan on taking their first sabbatical approximately one year after becoming a principal.
For recruiting information, please contact us at: recruiting@stutman.com.
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