Herrick, Feinstein has picked up a partner from Kaye Scholer to co-chair its tax and personal planning group.
Louis Tuchman, a former partner in Kaye Scholer’s tax department, will assume the newly created co-chair position at New York-based Herrick, which has about 150 lawyers. Tuchman will help lead the 12-lawyer Herrick group that handles income and estate planning and corporate tax matters.
"I’ve been a tax practitioner for a long time, but this is a new environment that’s going to give me a chance to build a department and build a practice on my own," said Tuchman, a 1984 graduate of Yale Law School.
Tuchman’s move is not part of any strategy at Kaye Scholer, which has about 430 lawyers, to downsize its trusts and estates practice, as other big firms recently have done, said Gary Gartner, chairman of Kaye Scholer’s tax department. "In fact, we’re expanding the practice," Gartner said.
Law firms that have reduced or eliminated their trusts and estates groups since 2010 to focus on higher-dollar practices include Wilmer Cutler Pickering Hale and Dorr; Wilson Sonsini Goodrich & Rosati; and Weil, Gotshal & Manges.
Gartner noted that in February Kaye Scholer added an estate-planning partner in its West Palm Beach, Fla., office. Tuchman’s work at Kaye Scholer focused on private equity tax matters, not trusts and estate work, Gartner said.
Tuchman, who started at Herrick on April 3, said he’s handled a variety of tax matters, including those pertaining to wealth management. While he won’t be drafting wills and trusts at Herrick, he said, he will work with estate planning attorneys in Herrick’s tax and personal planning group.
Tuchman will co-manage the Herrick practice with partner Daniel Swick.
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