Top firms for trusts and estates Forum

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Top firms for trusts and estates

Post by Anonymous User » Fri Apr 29, 2022 3:51 pm

What are the top firms these days in this practice area? Any heavy hitters in litigation particularly? How is demand for hiring in this area?

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Re: Top firms for trusts and estates

Post by Anonymous User » Fri Apr 29, 2022 4:18 pm

Anonymous User wrote:
Fri Apr 29, 2022 3:51 pm
What are the top firms these days in this practice area? Any heavy hitters in litigation particularly? How is demand for hiring in this area?
Day Pitney is one of the few big firms that has an active T&E dept., even in NYC. I don't know if there are any firms in the V20 or whatnot that handle that type of work.

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Re: Top firms for trusts and estates

Post by Anonymous User » Fri Apr 29, 2022 4:31 pm

Paul Weiss's Personal Representation Department and Sullivan & Cromwell's Estates & Personal Department do this type of work. Attorney positions in these departments are high-paying and much sought after.

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Re: Top firms for trusts and estates

Post by Anonymous User » Fri Apr 29, 2022 4:44 pm

Is it a good market for a 1L coming into OCI to express interest in T and E?

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Re: Top firms for trusts and estates

Post by Anonymous User » Fri Apr 29, 2022 4:55 pm

McDermott also has a very good T&E department AFAIK.

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Re: Top firms for trusts and estates

Post by Anonymous User » Fri Apr 29, 2022 5:08 pm

Anonymous User wrote:
Fri Apr 29, 2022 4:44 pm
Is it a good market for a 1L coming into OCI to express interest in T and E?
Not if the firm doesn't have an active T&E practice with multiple associates. You should check before interviews, my firm lists the practice but there is one associate in the department and would probably write you off if that's what you said you wanted to do.

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Re: Top firms for trusts and estates

Post by jake768 » Fri Apr 29, 2022 6:15 pm

McDermott Will & Emery generally, some standard player options are Skadden & K&E, see this list:

https://chambers.com/legal-rankings/pri ... 2633:225:1

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Re: Top firms for trusts and estates

Post by Anonymous User » Fri Apr 29, 2022 8:41 pm

PW associate. Our T&E group is extraordinarily small and - as I understand it - entirely a courtesy group for (1) significant clients and (2) partners. I would be shocked if we hired a law student in; I expect that the group will only recruit lateral midlevels as needed - and that won't happen often.

FWIW a friend of mine from law-school was focused on NYC T&E from the jump, ended up at Katten, and says the group there is quite good and active, especially as far as biglaw firms go.

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Re: Top firms for trusts and estates

Post by Anonymous User » Sat Apr 30, 2022 11:01 am

Is T&E lucrative as a solo practitioner?

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Lacepiece23

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Re: Top firms for trusts and estates

Post by Lacepiece23 » Sat Apr 30, 2022 12:12 pm

Anonymous User wrote:
Sat Apr 30, 2022 11:01 am
Is T&E lucrative as a solo practitioner?
Very. It's super easy. A lot of PI firms would even do it as a compliment to their contingency practices.

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mr_toad

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Re: Top firms for trusts and estates

Post by mr_toad » Sat Apr 30, 2022 2:52 pm

Milbank has a very well regarded and fairly active group, although it may be mainly for legacy clients at this point.

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Re: Top firms for trusts and estates

Post by Sackboy » Sat Apr 30, 2022 6:50 pm

Lacepiece23 wrote:
Sat Apr 30, 2022 12:12 pm
Anonymous User wrote:
Sat Apr 30, 2022 11:01 am
Is T&E lucrative as a solo practitioner?
Very. It's super easy. A lot of PI firms would even do it as a compliment to their contingency practices.
As a solo, it's "easy" because you're doing unsophisticated, low margin work. Biglaw T&E is pretty sophisticated and not something a solo would get to do.

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Re: Top firms for trusts and estates

Post by Sackboy » Sat Apr 30, 2022 6:53 pm

jake768 wrote:
Fri Apr 29, 2022 6:15 pm
McDermott Will & Emery generally, some standard player options are Skadden & K&E, see this list:

https://chambers.com/legal-rankings/pri ... 2633:225:1
Don't know about Skadden, but K&E doesn't remotely deserve to be on any T&E list. They have one equity partner in the group who probably wouldn't get equity in today's environment (he got equity in like 2002) and the group rarely hires. When he retires, they probably won't make a new equity partner in the group and will just replace whatever is lost with a highly paid nonequity partner, not that that's a terrible deal.

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Re: Top firms for trusts and estates

Post by Anonymous User » Sun May 01, 2022 3:46 pm

Laura Twomey at STB, is hands, feet and legs above all others mentioned here. She doesn’t get a lot of play on the website but she is the premiere practitioner when it comes to HNW trusts and estates. Clintons, Steve Schwartzman, Henry Kravis, she is the real deal. Has a selective small team.

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Re: Top firms for trusts and estates

Post by Anonymous User » Sun May 01, 2022 10:42 pm

Anonymous User wrote:
Sun May 01, 2022 3:46 pm
Laura Twomey at STB, is hands, feet and legs above all others mentioned here. She doesn’t get a lot of play on the website but she is the premiere practitioner when it comes to HNW trusts and estates. Clintons, Steve Schwartzman, Henry Kravis, she is the real deal. Has a selective small team.
If you say so, Laura

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Re: Top firms for trusts and estates

Post by Anonymous User » Mon May 02, 2022 11:33 am

Anonymous User wrote:
Fri Apr 29, 2022 3:51 pm
What are the top firms these days in this practice area? Any heavy hitters in litigation particularly? How is demand for hiring in this area?
Loeb & Loeb does a ton of T&E focused litigation, at least on the West Coast. Adam Streisand at Sheppard Mullin is a former Loeb guy and a huge heavy hitter in this space, but I'm not sure if he has been able to build a comparable practice around him.

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Re: Top firms for trusts and estates

Post by HarrisonK » Fri May 06, 2022 6:32 pm

Lacepiece23 wrote:
Sat Apr 30, 2022 12:12 pm
Anonymous User wrote:
Sat Apr 30, 2022 11:01 am
Is T&E lucrative as a solo practitioner?
Very. It's super easy. A lot of PI firms would even do it as a compliment to their contingency practices.
That's not true at all. T&E work is not easy if you have sophisticated clients.

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Lacepiece23

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Re: Top firms for trusts and estates

Post by Lacepiece23 » Fri May 06, 2022 7:21 pm

HarrisonK wrote:
Fri May 06, 2022 6:32 pm
Lacepiece23 wrote:
Sat Apr 30, 2022 12:12 pm
Anonymous User wrote:
Sat Apr 30, 2022 11:01 am
Is T&E lucrative as a solo practitioner?
Very. It's super easy. A lot of PI firms would even do it as a compliment to their contingency practices.
That's not true at all. T&E work is not easy if you have sophisticated clients.
Yeah, that's true with all legal work. Car crashes are simple. Med mal cases are not. Most solos do volume estate work and systematize it for efficiency and maximum revenue generation. My only point is that this type of work can be lucrative and is not rocket science to break into.

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