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By Amanda O'Brien | March 28, 2024
While sources pointed to failed discussions over how to transition beyond the leadership of founding partners Angelo Genova and James Burns, Burns said the firm has "built a brand which will continue beyond its founders."
4 minute read
By ALM Staff | March 26, 2024
Join us in Chicago for our first Live Leadership Roundtable of the year, focusing on a perennial challenge: Succession planning.
2 minute read
By New Jersey Law Journal | March 19, 2024
This year's Trusts & Estates and Wealth Management Special Section runs the gamut. It includes articles about prenups and divorce, elder fraud, the SECURE Act, the Corporate Transparency Act, and much more.
3 minute read
By Amanda O'Brien | March 6, 2024
"For many law firms, this is an ongoing frustration ... Everybody's thinking about it."
7 minute read
By Amanda O'Brien | March 1, 2024
"The future is unpredictable and lawyers must strive to lessen the impact of unexpected interruption to their relationships with clients by proactively protecting the clients' interested in the event of the attorney's death, disability, or other unanticipated absence," the board's explanatory report reads.
3 minute read
By Meagan Truong and Martha "Frannie" Reilly | March 1, 2024
As board members, lawyers have a fiduciary duty to provide good governance to nonprofit organizations and, as volunteers, lawyers help nonprofit organizations fulfill their missions of providing for the greater good. As lawyers representing nonprofits, we have a responsibility for advising clients to maintain this adherence to the greater good and counsel clients on good governance.
6 minute read
By Mason Lawlor | February 21, 2024
Helmick is currently an assistant U.S. attorney and has served as the Columbus branch chief for the Middle District U.S. Attorney's Office and will succeed retiring Magistrate Judge Stephen Hyles.
2 minute read
By Jeffrey A. Galant | January 26, 2024
In the annals of family business succession planning, this article discusses some clever, albeit flawed, attempts to transfer ownership interests in a mature enterprise to family members while avoiding the transfer tax toll.
8 minute read
By Amanda O'Brien | January 16, 2024
COVID-19 court closures put pressure on some firms' economic models, and most players in the arena don't regularly bring in fresh talent to create a pool of future leaders.
5 minute read
By Sharon Meit Abrahams | January 5, 2024
Attorney retirement and succession planning are critical issues that are often overlooked at the management level of law firms. A key question arises: What should come first, retirement or succession planning? Although they go hand in hand, many firms avoid addressing both.
7 minute read
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/