LAWYER PROFILE
Stephen L Ascher

Stephen L Ascher

USA 2026

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Chambers ranking badge

Ranked in 1 practice area

Litigation: Securities

New York

6 years ranked

About

Provided by Jenner & Block LLP

USA

Career

When Fortune 500 companies, hedge funds, and high net-worth individuals face complex financial disputes, Stephen Ascher is relentless in pursuing their desired outcomes. Stephen is a first-chair trial lawyer, regularly representing both plaintiffs and defendants. His clients gain more objective and advantageous perspectives thanks to his extensive experience on both sides of the “v.”

Co-chair of Jenner & Block’s Investor and Securities Litigation practice, Stephen began his career as a white-collar criminal defense lawyer at a small firm where he learned to think strategically and creatively, addressing an unusually broad variety of situations and challenges. He gains a deep understanding of his clients’ businesses, enabling him to communicate with companies in their industry-specific language, and then simplify and explain these concepts to judges, arbitrators, and juries. Using keen quantitative skills, Stephen is particularly effective when cross-examining traders, accountants, and other witnesses with technical expertise.

Stephen takes on the big cases with extraordinary complexity and sophistication. While representing a major asset manager in a dispute with AIG concerning interest rate swaps, he led one of the largest balance sheet solvency analyses in history, helping to secure a $600 million gain for the client.

Chambers Review

Provided by Chambers

Chambers Guide to the USA

Litigation: Securities - New York

Band 5
Band 5

Individual Editorial
Stephen Ascher handles a diverse range of securities and broader financial litigation. His client base includes hedge funds, CMBS trusts and real estate companies.

Strengths

Provided by Chambers

  • Stephen's responsiveness and depth of experience is absolutely paramount. His counsel is spot-on and he can take a complex issue and break it down into its simplest form.

    Litigation: SecuritiesChambers Guide to the USA
  • Stephen is very knowledgeable about our business and its various nuances, and is very efficient.

    Litigation: SecuritiesChambers Guide to the USA
  • Stephen is a go-to outside adviser who doesn't hesitate to provide support through strategic thinking and making his network available to the client. His litigation experience is broad, which gives him commercial insight into how things work on the client side. He is a great quarterback for complicated matters.

    Litigation: SecuritiesChambers Guide to the USA
  • Stephen is a very good writer and a creative thinker.

    Litigation: SecuritiesChambers Guide to the USA

Ranked Individuals at Jenner & Block LLP (102)

California

District of Columbia

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