Greenberg Traurig Expands Tax Practice with New Philanthropy Expert
In an exciting development, Greenberg Traurig, LLP is broadening its Tax Practice with the recent addition of philanthropy attorney Molly Unterseher as a shareholder. This move comes as the firm seeks to enhance its services in the specialized field of tax-exempt organizations and philanthropy.
Molly Unterseher's Background and Expertise
Molly Unterseher brings substantial experience to Greenberg Traurig, having previously practiced at Nixon Peabody LLP where she held the position of partner in the Nonprofit Organizations team. She has counseled a diverse range of tax-exempt clients, demonstrating her versatility and deep understanding of the nonprofit landscape.
Supporting Nonprofit and Philanthropic Endeavors
In her new role, Unterseher will provide legal guidance to high-net-worth individuals, private foundations, public charities, and charitable organizations affiliated with for-profit entities. Her knowledge in forming, governing, and operating philanthropic instruments is set to greatly benefit the firm’s clients.
Impact on the Firm and Clients
Erika Mayshar, chair of the Tax-Exempt Organizations & Philanthropy Practice, expressed enthusiasm about Unterseher's arrival. She emphasized the importance of seasoned legal advisors who can provide clients with both technical knowledge and practical judgment in philanthropy. As clients engage in significant philanthropic activities, Unterseher's expertise will help navigate the complexities of charitable planning and governance.
Addressing Complex Regulatory Frameworks
Unterseher is particularly adept at advising on the intricate regulations governing private foundations. This includes grantmaking, endowments, self-dealing, and investment strategies tailored for mission-related purposes. The collaborative nature of her work ensures that all transactions uphold the necessary tax-exempt status and comply with regulatory standards.
Collaboration Across Practices
Paul R. McIntyre, managing shareholder of the Philadelphia office, noted that Unterseher's experience is critical in meeting the rising demand for sophisticated tax-exemption counsel. He emphasized the firm's commitment to a multidisciplinary approach, which is fundamental in catering to the comprehensive needs of clients.
Looking Ahead: Resources and Opportunities
Molly Unterseher expressed her excitement about joining Greenberg Traurig, stating that the firm’s expansive resources and dedicated nonprofit practice will allow her to serve clients effectively. She looks forward to working collaboratively across various legal teams to support organizations and individuals in their charitable missions.
Greenberg Traurig: A Leader in Legal Services
Greenberg Traurig, LLP is a powerhouse in the legal industry, employing approximately 3,000 attorneys across 51 locations globally. This extensive network enables them to provide innovative legal solutions across various sectors and jurisdictions.
Recognized for excellence, Greenberg Traurig is consistently ranked among the top firms in key legal industry lists. Their commitment to philanthropy, culture, and pro bono work reflects their dedication to making a positive impact within communities. As they grow their practice and integrate exceptional attorneys like Unterseher, their influence in the philanthropic sector is expected to rise significantly.
Frequently Asked Questions
What is the significance of Molly Unterseher joining Greenberg Traurig?
Molly Unterseher's addition to Greenberg Traurig enhances their Tax Practice with her expertise in philanthropy, benefiting clients involved in nonprofit and charitable endeavors.
How does Greenberg Traurig support philanthropic clients?
Greenberg Traurig provides comprehensive legal guidance to high-net-worth individuals, private foundations, and charities, assisting with formation and governance of philanthropic initiatives.
What is the background of Molly Unterseher?
Before joining Greenberg Traurig, Unterseher was a partner at Nixon Peabody LLP, where she advised a variety of tax-exempt clients in the nonprofit sector.
What kind of legal issues does Unterseher focus on?
Unterseher specializes in navigating complexities related to private foundations, including grantmaking, self-dealing, and compliance with regulatory requirements.
What distinguishes Greenberg Traurig in the legal industry?
Greenberg Traurig is known for its large national footprint, innovative legal services, and strong commitment to philanthropy and community support.
