Scott Edelman > Milbank > New York, United States > Lawyer Profile

Milbank
55 HUDSON YARDS
NEW YORK, NY 10001
NEW YORK
United States
Scott Edelman photo

Position

Chairman of Milbank LLP and Partner

Career

Recognized as one of the country’s top litigators and corporate advisers, he specializes in high-stakes, bet-the-company litigation and trials across several substantive areas of the law, including securities, commercial and white collar.

While serving as Chairman of Milbank, Mr. Edelman maintains a busy and active litigation practice, which includes trials, appeals, white collar and regulatory matters, and corporate governance issues.

Over the course of his career, Mr. Edelman has taken more than 18 cases to trial and argued dozens of appeals, accumulating a slew of honors along the way. He has tried dozens of civil and criminal cases representing numerous corporations and individuals.

In 2017, Mr. Edelman was inducted as a fellow into The American College of Trial Lawyers (ACTL). Mr. Edelman has successfully led trial teams in a string of high-profile victories. In 2016, he secured a significant victory against the DOJ on behalf of Broadcast Music, Inc. (BMI) on music licensing affecting the more than $2 billion music performing industry which garnered him recognition by The American Lawyer as “Litigator of the Week.” He also prevailed on behalf of BMI in a trial victory against Pandora in 2015 in the historic music licensing rate case that set the new market rate for all digital music services and awarded BMI a significant fee increase of revenue from Pandora. On behalf of Citi Global Markets in 2014, he secured an injunction preventing an arbitration under FINRA in a high-profile case brought by a Saudi investor. Mr. Edelman also won a major trial victory for Cerberus Capital Management related to the multi-billion dollar merger with United Rentals in the first M&A litigation arising out of the troubled credit markets to proceed to trial in Delaware in 2007.

Highly regarded for his extensive legal skills in and out of the courtroom, clients describe Mr. Edelman as “a phenomenal attorney whose courtroom style is nothing short of perfection” (Chambers). As one of the most versatile litigators in the country, Mr. Edelman is the only attorney in New York who is ranked by Chambers as a leading lawyer in each of the following areas: Securities Litigation, General Commercial Litigation, Media & Entertainment Litigation and White Collar Crime and Government Investigations. In 2023, Mr. Edelman was recognized by Billboard as a Top Music Lawyer.

Education

Mr. Edelman received his law degree from Harvard Law School, where he was a member of the Harvard Law Review and a John Olin Fellow in Law and Economics and received his B.A. (summa cum laude) and M.A. degrees, both in Economics, from Yale University.

Lawyer Rankings

United States > Dispute resolution > General commercial disputes

Counting major financial institutions among its key roster of clients, Milbank handles a range of commercial disputes concerning breach of contract, in addition to business torts, such as fraud, breach of fiduciary duty, and tortious interference with contractor prospective business relations. The New York-based team also has demonstrable experience advising on state and federal regulatory mandates. Global head of the firm’s litigation and arbitration practice, George Canellos jointly leads the team group alongside Daniel Perry, who focuses on disputes involving securities and corporate law, M&A, insurance and reinsurance, as well as financial restructuring issues. Scott Edelman’s ‘judgment is second to none and his advocacy is first-rate’, while David Gelfand is praised for his ‘impressive ability to dive deep’ into class actions, securities and bankruptcy litigation cases.

United States > Dispute resolution > Securities litigation: defense

Milbank has a deep bench of experienced partners in New York, whose track record in some of the most influential, high-stakes, and high-profile cases ever brought under federal and state securities laws sees the firm climb the ranking. The firm frequently acts for issuers, underwriters, banks, broker-dealers, investment advisers, accounting firms, and individuals in securities class actions and derivative suits. Global head of litigation and arbitration George Canellos and practice group leader Daniel Perry oversee the firm’s securities litigation work, for which Sean Murphy is a standout partner. Murphy has tried most of the private securities cases to go to trial under the Investment Company Act of 1940 Act in the last 20 years, winning all of them. Firm chair Scott Edelman handles high-stakes litigation in diverse areas of law, including securities, commercial and white collar. David Gelfand and up-and-coming partners Jed Schwartz and Robert Hora are also key partners in the practice. Edelman, Gelfand and Hora are acting for AXA Equitable Life Insurance Company in eight cases in federal and state courts, including putative class actions, that challenge the company’s 2016 increase in the cost of insurance rates on a block of universal life insurance policies.