Joshua Rubenstein

+12129407150

Joshua Rubenstein

National Chair Private Client  |  Katten Muchin Rosenman
JURISDICTION

United States (NY, NJ)

TOP 3 AREAS OF EXPERTISE

Cross border planning
Litigation
Family office

Enhanced Q&A

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

A phenomenal victory that saved our client millions of dollars.

How did you get into private client?

I am the fourth generation Rubenstein to do private client work and was expected to join my father’s firm. However, I never wanted to be a lawyer. I was a Greek and Latin major at university. I finished my coursework for a doctorate in Latin. When it was time to pick my doctoral thesis, everything had already been done – you had to do something so microscopic that it was boring. Even though I realised I loved the Classics, I wanted to be practical – dissecting conjunctions wouldn’t help anybody! Then I wanted to be a lawyer, but not a trust and estates lawyer. Then I did a rotation to trust and estates and realised that I figured it out for myself, and I did want to do it, versus what was expected of me.

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

While the nature of legal practice and being a lawyer is changing rapidly, the need for private client lawyers may be closer than most things to being a constant, since it is based upon greed or opportunity but rather upon mortality – for which at least at the moment there is no cure.

What is your favourite quote?

"Ain't no use worrying about the things you can do something about, 'cause there's always something you can do about them. Ain't no use worrying about the things ain't nothing you can do about, 'cause ain't nothing you can do about them.”

Do you have any outside interests or hobbies?

I love travelling, fine dining, music (and playing the piano and guitar).

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

Five Fields, London.

What do you think will be the biggest three challenges in your practice for the next 12 months?

1. When to resume in-person meetings. My answer is as soon as possible, but that depends upon everyone’s tolerance given the then state of affairs.
2. Crystal ball gazing. The world is in an unprecedented state of flux. Clients will want our best predictions, and wrong or right, they deserve them.
3. Client management. The easiest thing to do is exactly what our clients “say” they want. Because in reality they often don’t know what they really want, we will need to interpret their words, based upon our knowledge of them, and then help them achieve their actual as opposed to perceived goals. Tough job.

What advice would you give to your younger self?

I trusted my instincts at the start of my career, when I chose private client over transactional work. It was counter-trend, but it was what I cared about. I was stressed for a long time over whether or not I should not have become an investment banker. I would reassure my younger self to trust my instincts.

What are three top tips for dealing with your clients remotely?

1. Respond as soon as humanly possible, even if only to say that it will take more time to answer their question. Everyone is on tenterhooks and wants to know at least that you received their communication and are working on it.
2. Follow up proactively. Clients can be simultaneously exorcised about an issue but then in avoidance mode when it comes to responding.
3. Give practical advice. Clients want to benefit from our experience, not necessarily to know what saves the most taxes but more often what makes the most sense to do (which may or may not be the same thing).


Warren Whitaker

+12122972468

Warren Whitaker

Partner  |  Day Pitney
JURISDICTIONS QUALIFIED IN

United States
- New York
- New Jersey

TOP AREAS OF EXPERTISE

Personal and estate planning
Administration of estates and trusts
Succession planning

Q&A

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

Creating a US private trust company to act as trustee of a variety of US and offshore trusts for a cross-border family.

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

The cross-border estate planning field holds enormous opportunities, with increasing globalisation, exchange of information and pressures for compliance.

What is your favourite quote?

"The fault is not in our stars, But in ourselves,” Julius Caesar.


Andrew Weinstein

+13057897755

Andrew Weinstein

Senior Partner  |  Holland & Knight
JURISDICTIONS QUALIFIED IN

United States
- Pennsylvania
- Florida
- New York

TOP AREAS OF EXPERTISE

Tax disputes
Tax litigation
International private client planning

Q&A

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

Cross border private client matters

How did you get into private client?

Experience.

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

Understand your client's business and investment affairs and objectives, provide hands-on guidance on a consistent basis, timely return their communications, act as a consigliere and not as someone who knows it all.

Do you have any outside interests or hobbies?

Golf and teaching.


Hal J. Webb

+1 305 350 7278

Hal J. Webb

Partner  |  Bilzin Sumberg
JURISDICTIONS QUALIFIED IN

United States (FL)

TOP AREAS OF EXPERTISE

Personal and estate planning
Asset holding structures
Tax

Q&A

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

We recently had an amazing outcome for a European couple who started a business many years ago and received poor advice when forming their business. In trying to exit that business, we were able to restructure how the company was constituted with the IRS’s blessing in advance. We saved them $75m- $100m in income tax. Two large law firms prior to coming to us told them that their case was impossible!

How did you get into private client?

When I was in college, I decided I did not want to be an accountant. I went to law school knowing that I wanted to specialise in tax. I then did a Masters in tax law. I wanted to deal with people’s personal wealth versus corporate. When I first started, I was 1 of 5 people under 40 doing significant international private client work in the mid 1990s – I got rather lucky getting the job! I had an opportunity with the laws just being enacted and took advantage of this.

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

It is vital to use every opportunity to gain knowledge and continue to develop areas of expertise. Being a successful private client attorney takes hard work, dedication, patience, and being a good listener.

What is your favourite quote?

"Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do." Steve Jobs.

Do you have any outside interests or hobbies?

Spending time with my family and my two teenage daughters. I enjoy boating and fishing, college football and I love to travel.

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

Prime 112, South Beach, Miami.


Rashad Wareh

+1 212 980 9809

Rashad Wareh

Partner  |  Kozusko Harris Duncan
JURISDICTIONS QUALIFIED IN

United States (NY, VA, D.C.)

TOP AREAS OF EXPERTISE

Cross-border tax and estate planning
Family governance
Tax

Q&A

How did you get into private client?

Having the good fortune of joining a long-standing private client practice over 23 years ago.


Kathryn von Matthiessen

+1 212 940 8517

Kathryn von Matthiessen

Partner  |  Katten Muchin Rosenman
JURISDICTIONS QUALIFIED IN

United States (NY, FL)

TOP AREAS OF EXPERTISE

Global succession planning
Inbound planning into the United States for investment or U.S. family members and pre-residency planning

Q&A

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

Getting named Citywealth Power Women of the year for North America was a big highlight for me.

How did you get into private client?

I always wanted to work with families and individuals and was lucky enough to be a summer associate at Katten and work with their private client department.

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

Find and attend the best conferences with the highest quality speakers addressing the tax laws and planning issues in their respective jurisdictions. Invest in your education and professional network. Stay abreast of current events on a worldwide basis.

What is your favourite quote?

"Perhaps he knew, as I did not, that the Earth was made round so that we would not see too far down the road." Isak Dinesen.

Do you have any outside interests or hobbies?

This summer I have resumed horseback riding and taken up paddle-boarding.

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

Isola.


Matthew Sperry

+1 212 940 6667

Matthew Sperry

Partner  |  Katten Muchin Rosenman
JURISDICTIONS QUALIFIED IN

United States (NY, IL, FL)

TOP AREAS OF EXPERTISE

Personal and estate planning
Family office
Tax

Q&A

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

The privilege to have represented some of the preeminent trust companies in the world and connection with some of their most complex US-related tax and private client issues. But my personal practice and professional highlight was my law partners' appointment of me to lead McGuireWoods' Global Private Client practice. This was particularly fulfilling professionally given the quality of the private client lawyers in my firm and the firm's overall ranking in the US for private wealth law.

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

I suspect the normal advice, like working hard, building a thoughtful network and being a subject matter expert/ thought leader. But I think that it is critical to listen, especially when working with private clients with global interests well beyond your home jurisdiction. And do not let ego take over your practice and professional relationships with colleagues.

What is your favourite quote?

As it relates to my career:
“Keep interested in your own career, however humble;
it is a real possession in the changing fortunes of time.
Exercise caution in your business affairs;
for the world is full of trickery.
But let this not blind you to what virtue there is;
many persons strive for high ideals;
and everywhere life is full of heroism.” Max Ehrmann, Desiderata


Von Sanborn

+1 212 297 2483

Von Sanborn

Partner  |  Day Pitney
JURISDICTIONS QUALIFIED IN

United States (NY, CT, NH)

TOP AREAS OF EXPERTISE

Family office
Tax
Art

Q&A

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

Moving to set up my own firm with partner Wendy Battleson, formerly of Christies.

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

Be passionate. Be thoughtful. Be professional. Be technical first and foremost.

What is your favourite quote?

“Where do bad folks go when they die?
They don't go to heaven where the angels fly
They go down to the lake of fire and fry
Won't see 'em again till the fourth of July.”


Ivan Sacks

+1 212 848 9820

Ivan Sacks

Chairman  |  Withersworldwide
JURISDICTIONS QUALIFIED IN

United States (NY)

TOP AREAS OF EXPERTISE

Personal and estate planning
Asset holding structures
Family office

Q&A

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

One recent highlight was being asked to organise and serve as trustee of the first blind trust for an Italian politician, the Mayor of Venice, wishing to adopt best practices in conflict of interest avoidance through the use of a common law trust.

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

Devote yourself to your craft first, keep your eyes open to the growth in new areas and concerns of the emerging demographics of private client wealth and focus on practical solutions and providing trusted advice for the better uses of private capital and wealth.

What is your favourite quote?

“Dont ask others to do what you would not do yourself.”


Gideon Rothschild

+12125547806

Gideon Rothschild

Partner  |  Moses & Singer
JURISDICTIONS QUALIFIED IN

United States (NY)

TOP AREAS OF EXPERTISE

Personal and estate planning
Succession planning
Asset protection

Q&A

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

Helping a contentious estate get settled.

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

Pay attention to client expectations.

What is your favourite quote?

“Don’t let the little stuff get you.”