Andrew Katzenstein, a veteran trust and estate attorney, doesn’t have a problem dealing with the hand of death. What he keeps struggling with are the real-life concerns of his partners, who increasingly view his practice as a drag on a big firm’s bottom line.
In earlier decades, most full-service firms, in addition to the usual core practices, provided expertise in drawing up a will or building a bridge to carry fortunes from one generation to the next. Not so anymore, at least in California, with one firm after another deciding it’s just not profitable to keep a stable of estate attorneys.
