+1 416 864 9245

Paul Gibney

Partner  |  Thorsteinssons
JURISDICTIONS QUALIFIED IN

Canada (Ontario, British Columbia)

TOP AREAS OF EXPERTISE

Personal and estate planning
Tax

Q&A

What has been the highlight of your practice over the past 12 months?

First, to be able to mentor so many junior lawyers and to see their practices grow. Second, working on a large number of multinational transactions. With the recent Covid pandemic, we embarked on a number of restructuring transactions. My high net worth clients are concerned about what the future holds for families with wealth and they are looking to rearrange their affairs to provide more flexibility for the future.

How did you get into private client?

When I started in 1989, I worked for two senior lawyers – one who focused on public company work and the other on private client work. I found I enjoyed the work more in dealing with the private clients. The firm asked me to move to Toronto in 1994 and I decided to pursue the private client practice at that time. I was later seconded to the government for 2 years as a policy advisor, where I met a lot of influential people and made a number of contacts within the government.

What advice would you give rising stars/new lawyers in the private client world?

It is important to get involved in the community – you must write, attend conferences and be active in the various associations.

What is your favourite quote?

“Continuous effort – not strength or intelligence – is the key to unlocking our potential." Winston Churchill.

Do you have any outside interests or hobbies?

I enjoy hiking – West Highland Way, Coast To Coast, the Adirondacks, the Himalayas – biking and being the outdoors generally.

When the restaurants reopen, where would you like to go?

Scaramouche, Toronto.