Kevin Lee

+85225332843

Kevin Lee

Partner  |  Stephenson Harwood
JURISDICTIONS QUALIFIED IN

Hong Kong
Cambodia
British Columbia
England and Wales

TOP AREAS OF EXPERTISE

Succession planning
Asset holding structures
Tax

Q&A

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

I led the private group restructuring for a Philippines family which involved assets in multiple jurisdictions, cross-border tax and compliance, capacity issues, and succession advice. I advised my Hong Kong clients on very difficult family dispute issues connected to certain trusts and charitable foundations and which turned on the concepts of legal capacity, undue influence and fiduciary duties. I led our team on an urgent pre-IPO project to establish trusts for numerous PRC founders within a very tight timeline which was achieved to the satisfaction of the clients and the intermediaries. I have taken on added management duties for both the private wealth and corporate teams at our firm and am relishing learning new skills and responsibilities even at this stage of my career.

How did you get into private client?

There is a real need for expert ethical professional advice in private wealth. Related to this, it is no longer enough to just plan or build structures but the lawyer also needs to guide clients through a minefield of compliance issues these days These needs will spread down to the next generation and these are the clients of the future so we need to be careful to create sustainable succession structures and not make things so complicated that the next generation will eventually abandon the structures out of frustration or mishandling. Wealth lawyers need to be agile thinkers and need to respond to an ever evolving regulatory landscape where oftentimes our clients may face challenges from populist agendas or adverse media coverage.

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

There is a real need for expert ethical professional advice in private wealth. This need will spread down to the next generation and these are the clients of the future who can relate more easily to a new breed of private wealth advisers.

What is your favourite quote?

“I've seen things you people wouldn't believe. Attack ships on fire off the shoulder of Orion. I watched C-beams glitter in the dark near the Tannhäuser Gate. All those moments will be lost in time, like tears in rain,” Blade Runner.


Nicholas Holland

+44 (0)207 570 1406

Nicholas Holland

Partner  |  McDermott Will & Emery
JURISDICTIONS QUALIFIED IN

England and Wales
Cayman Islands
Canada (Ontario, British Columbia)

TOP AREAS OF EXPERTISE

Offshore trust restructuring
Trust law and disputes
Art disputes

Q&A

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

Trust issues and the litigation arising from a Middle Eastern criminal investigation involving various the Caribbean, Middle East, and European jurisdictions.

How did you get into private client?

Initially, I was interested in wills and estates work. I was a summer associate at a law firm in Vancouver with an incredible private client practice (Donovan Waters QC had been there for years). I articled and was an associate at a firm in Vancouver with an incredible litigation practice where I was involved in some interesting and high profile Chancery work. From there I moved to Toronto where I was involved in some very high profile litigation originating from some Swiss trusts. From Toronto, I moved to Cayman to head up the commercial estates and trust litigation department of a small law firm which is now Bedell Cristin. I moved to England in 2010 and have been based here specialising in trust controversies ever since.

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

Work with as many different kinds of people as you can and learn as much as you can from each of them. Eventually you will sort out what will (and will not) work for you.

What is your favourite quote?

“The heart has its reason that reason knows not of” - Pascal

Do you have any outside interests or hobbies?

My family! I love history, walking my dog, reading, travelling, hiking and ice skating.

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

The Bull & Butcher in Turville (think Vicar of Dibley) – kid and dog friendly with lovely walks nearby.


Paul Gibney

+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.