Learn More About Carolyn
Big Firm Know How
Prior to launching her own practice over a decade ago, Carolyn Hochstadter, the firm’s managing attorney, spent 18 years practicing with 2 major large law firms in New York and Philadelphia. Most recently, she was Of Counsel to Klehr, Harrison, Harvey, Branzburg & Ellers LLP in Philadelphia. Prior to joining Klehr, Carolyn was an Associate at LeBoeuf, Lamb, Greene & MacRae LLP in New York.
Carolyn has been a Lecturer at The Wharton School of the University of Pennsylvania for almost a decade and enjoys sharing her expertise in business law with her students. Her course, entitled The Legal Aspects of Entrepreneurship, comprises a survey of the myriad of legal and risk management issues that arise in a business setting. It covers the full story of business ownership from formation to growth and success, including continued operation or exit. In her capacity as Faculty Advisor, Carolyn mentors the members of the Wharton Business and Law Association and serves as "General Counsel" for the club. She also serves as an Advisor to the Weiss Tech House Innovation Fund and the Penn-Wharton Entrepreneurship Ecosystem.
Carolyn serves as the full time managing partner of her boutique firm, functioning as a “solo practitioner” within the context of a vast cohort of professional and business alliances across the country and abroad. The firm’s practice focuses on the niche areas of business, employment, and bankruptcy law with an emphasis in the international space. This model enables us to provide clients with direct access to the full spectrum of large firm know-how combined with the personalized attention, reliability and price point experience of a small firm. We are dedicated to professionalism and service, offering a concierge experience of legal counsel to fit our clients’ needs. We enjoy being responsive to client requests and collaborating to produce creative solutions and satisfactory outcomes.
Carolyn speaks French, Arabic, Hebrew and German, and the firm’s practice includes French, Israeli and Chinese clients. Carolyn sits on the Executive Board of the Philadelphia Israel Chamber of Commerce (PICC) and is a member of the French American Chamber of Commerce. Carolyn is actively involved in doing business abroad, including in Israel and France and has travelled to China and Hong Kong in the Healthcare space. She has served as a PICC delegate to Israel on a mission co-sponsored by the Commonwealth of Pennsylvania and has lectured to European delegations to Israel on doing business in the U.S. She has also presented in Paris on the legal issues involved in establishing a business entity in the U.S. for non-immigrant visa purposes.
The firm is certified as a Woman Owned Business Enterprise (WBE) and a Woman Owned Small Business (WOSB) by the Women’s Business Enterprise National Council (WBENC) qualifying it to partner with large companies or law firms, as well as the state and federal government seeking minority collaborations. We advise clients seeking minority certification as to how to structure their operations and organizational agreements in a manner that will render them eligible for certification.
Carolyn is admitted to practice in the states of Pennsylvania, New Jersey and New York, as well as the federal Third Circuit Court of Appeals, the Eastern District of Pennsylvania, the District of New Jersey and the Southern and Eastern Districts of New York. Carolyn has practiced pro hac vice in the Delaware District Court, as well as in federal courts across the country. The firm’s alliances with its co-counsel networks provide it with national and global resources to serve clients in courts and regions across the U.S. and abroad.
Over the course of her practice, Carolyn has been recognized by her peers in numerous ways. She has received an AV rating from Martindale Hubble and has been elected a Philadelphia Super Lawyer. She has also been the recipient of the Chancellor’s Award by Philadelphia’s Volunteer for the Indigent Program and appointed to the Honor Roll of the First Judicial District of Pennsylvania for her pro bono representation of homeowners as part of Philadelphia’s Residential Mortgage Foreclosure Mediation Program in the Court of Common Pleas. Please click here to view a video featuring Carolyn with the Honorable Annette Rizzo discussing this program.
Carolyn has significant experience with conflict resolution. She currently serves as an Arbitrator for the Court of Common Pleas. She has successfully helped individuals save their homes through the mediation process of Philadelphia’s Mortgage Foreclosure Conciliation Program. Please click here to view a video featuring Carolyn in action. Carolyn has also served as a judge for mock trials hosted by the American Bar Association’s Law Student Negotiation Competition, The Wharton Business and Law Association’s Business Case Competition, and the University of Pennsylvania Law School’s Annual Ben Franklin Invitational for high school students.
Carolyn has engaged in numerous pro bono activities including working with Philadelphia’s Consumer Bankruptcy Assistance Project (CBAP) to provide representation to consumer debtors filing for bankruptcy protection, as well as assisting homeowners to avoid foreclosure or sheriff’s sale via Philadelphia’s Mortgage Foreclosure Conciliation Program.
Carolyn enjoys serving her community partners. She is President of Lechu Neranena, serves as Chair of JOFA’s Philadelphia Chapter and on its Journal Editorial Board. She also sits on the Board of Trustees of both Kohelet Yeshiva and the Jewish Federation of Greater Philadelphia.
Carolyn received her Juris Doctor from Columbia University School of Law, where she served on the Editorial Board of the Columbia Journal of Transnational Law and was named a Harlan Fiske Stone Scholar. She also earned a Master of Arts degree in Arabic Language and Literature from Columbia University’s Graduate School of Arts and Sciences and was awarded a fellowship in the Department of Middle East Languages and Cultures. Carolyn received her Bachelor of Arts degree, magna cum laude and Phi Beta Kappa, from Barnard College where she majored in English.
In the business space, the firm’s clients include start-up and early stage entrepreneurs, professionals and consultants, as well as emerging growth and mature companies.
In the employment law, debtor-creditor and bankruptcy areas, our clients include individuals, business entities, institutions and organizations on both sides of the employer-employee, debtor-creditor and financial distress equation.
Our institutional clients have included French, Chinese and Israeli companies with U.S. affiliates, as well as the City of Philadelphia, AmerisourceBergen, Hershey, Fiserv, Barneys, Phoenix Information Systems, the Equity Security Holders Committee of Columbia Gas, the Bondholders Committee of Federated Department Stores, DBSI Diversified Realty REIT and the Trustee of Cajun Electric.
The firm’s matters have involved numerous industries and professional practice areas, including Cannabis, Cryptocurrency, Investor Visas, Digital Health, Biotech, Life Sciences, Pharmaceutical, Mental Health, Social Sciences, Telecom, Environmental, Gaming, Entertainment, Tourism, Airline, Municipal Taxes, Equipment Leasing, Insurance, Grocery, Retail, Financial Services, Construction, Flooring, Architecture, Real Estate and Education.