There's some problems with that scene but some things I really like about it ...
1) fights in real life are never how they play out in the movies; they are awkward, kicks don't connect, people think they look like Van Damme but look closer to ... well ... 2k19 De Niro
2) how Scorsese shoots the entire thing in one wide take with the exception of the split second close-up on his daughter. This is hugely important throughout the course of the film and the beatdown is the start of their strained relationship. I like that it doesn't have a bunch of stupid cuts in it.