LAWYER PROFILE
Rachel Strickland

Rachel Strickland

USA 2026

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Ranked in 1 practice area

About

Provided by Ropes & Gray LLP

Practice Areas

Rachel Strickland is global chair of the firm’s business restructuring practice and brings decades of experience to advising distressed companies and investors in complex restructuring matters. Companies turn to Rachel in Chapter 11 cases and out-of-court restructurings, while top private equity firms, hedge funds, and strategic investors seek out her guidance when maximizing recoveries and acquiring distressed targets. She also has significant experience in mass tort restructuring matters.

Consistently recognized in Chambers USA and Chambers Global as a leading bankruptcy and restructuring lawyer, Rachel has advised debtors, creditors, and other stakeholders in precedent-setting restructurings across industries, including media, transportation, financial services and technology, along with financial and strategic investors. Clients have included Walgreens Boots Alliance, DISH Network, KKR, and JPMorgan Asset Management, among many others.

Rachel is known for being “smart and effective” and “can command a room and drive the process,” according to Chambers. In addition to Chambers, she has been lauded by The Legal 500 US, Crain’s New York Business, Turnarounds & Workouts, and Business Insider, which named Rachel among “ten lawyers who navigated the biggest bankruptcies in history” in 2021.

A leader in the bankruptcy law community, Rachel was elected a Fellow of the American College of Bankruptcy, recognizing “exceptional bankruptcy professionals for their work, their contributions to the administration of justice, their public service and their integrity.” She has served as a member of the Committee on Bankruptcy and Corporate Reorganization of the Association of the Bar of the City of New York. Rachel lectures on bankruptcy-related matters for seminars and panels sponsored by the Turnaround Management Association, the Association of the Bar of the City of New York, and other professional organizations.

Rachel holds leadership roles in several New York-based organizations. She currently serves on the board of directors for Her Justice (formerly known as inMotion), which provides pro bono legal services to women living in poverty in New York City, and has also supported Tina’s Wish, a cancer research nonprofit named in memory of former chief judge of the Southern District of New York Bankruptcy Court, Tina Brozman.

Personal

JD, New York University School of Law, 1998.

BA, Michigan State University, 1994.

Chambers Review

Provided by Chambers

Chambers Guide to the USA

Bankruptcy/Restructuring - New York

Band 1
Band 1

Individual Editorial

Rachel Strickland is highly regarded for her broad bankruptcy practice, which includes acting for groups such as noteholders, lenders and claimants. Her recent practice also includes cases with mass tort aspects and related litigation.

Bankruptcy/Restructuring - USA - Nationwide

Band 2
Band 2

Individual Editorial
Rachel Strickland is noted for her expertise in bankruptcy matters, such as Chapter 11 proceedings and restructurings. She acts for a range of clients including bondholders, lenders and committees of mass tort claimants.

Strengths

Provided by Chambers

  • Rachel fights hard for her clients' best interests and utilizes her experience and expertise to achieve superior outcomes for her clients. She has a track record of delivering top results.

    Bankruptcy/RestructuringChambers Guide to the USA
  • Rachel knows how to be a strategic-thinker and senior leader. She instils confidence in the board of directors and management. She is a great negotiator and is also good in court.

    Bankruptcy/RestructuringChambers Guide to the USA
  • She is one of the smartest legal tacticians out there, with the business-savviness to match.

    Bankruptcy/RestructuringChambers Guide to the USA
  • Rachel is a top notch lawyer. She digs into every issue, is detailed-oriented, but also strategic in her advice. She is highly engaging and creative in problem-solving for the business.

    Bankruptcy/RestructuringChambers Guide to the USA
  • She is a world class attorney and is exactly the person you would want for a complex, sophisticated bankruptcy or restructuring transaction.

    Bankruptcy/RestructuringChambers Guide to the USA
  • Rachel knows how to be a strategic thinker and senior leader. She instills confidence in the board of directors and management. She is a great negotiator and is also good in court.

    Bankruptcy/RestructuringChambers Guide to the USA

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