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Chambers USA is repeatedly recognizing Rick as a top Bankruptcy and Restructuring lawyer. "He is commended for his ability to defuse tense situations: 'Throughout heated negotiations and tricky lender discussions he ensured that both sides understood the issues,' reveals a source." Another client said, "He is professional, knows his category and does a great job." Chambers & Partners reported he "receives plaudits for his forward-thinking approach and ability to anticipate what needs to get done in a matter." Sources have described him as a "very tough negotiator" who is "very result-oriented" with a "superb ability to quickly and effectively resolve issues." "He is very commercial and looks to make smart business deals. He's also very eloquent in front of bankruptcy judges and really has a great demeanor in court," said one client. The directory noted that Rick has "very deep bankruptcy and restructuring experience" and is "very attentive to client needs." He has been repeatedly praised for his astute financial and business understanding.
Rick has been named to the BTI Client Service All-Star Team for Law Firm, repeatedly recommended in The Legal 500 United States for his Corporate Restructuring practice, and selected as one of the top outstanding restructuring lawyers by Turnarounds & Workouts and Global M&A Network. He has been selected as a 2022 Lawdragon 500 Leading Bankruptcy & Restructuring Lawyer and recognized as an Illinois Super Lawyer. He was also included in the, Who's Who Legal in the Restructuring & Insolvency category and has been recognized by Turnarounds & Workouts as one of the Outstanding Lawyers in their recent report.
American Jewish Committee honored Rick with the Judge Learned Hand Human Relations Award on October 2014. This award recognizes those who have taken up Judge Hand’s clarion call to the spirit and ideals of justice, safeguarding the rights of individuals and our democratic values.
Rick has also served a number of pro bono clients in the US and globally, and received the Firm's Pro Bono award in 2016.