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McDermott Will & Emery is described as "one of the market leaders" in New York.Sources praise the firm's strength and depth, with one attorney commenting: "They have some real standout practitioners and a very, very deep bench. They have lots of good lawyers and a real depth and breadth of expertise. They set the standard for this work." Another interviewee notes: "The team is a one-stop shop that manages and coordinates all aspects of our families' trust and estate planning."
The firm provides advice on private client and wealth management matters and acts for very wealthy families, closely-held businesses and institutional trustees. "They are helpful, approachable and are excellent communicators. They have a very strong knowledge base and use this to very effectively deliver advice and guidance to us," reports an interviewee. The team's cross-border expertise is also highlighted, with sources describing them as "leaders for international planning" and "very good on both the domestic and international side."
Carlyn McCaffrey is co-chair of the firm's New York private wealth practice and is described by a peer as being "in a league of her own." Industry sources acknowledge her longstanding reputation in estate and tax planning and laud her as "a true leader in the field" who is "viewed as a superstar by the market." She has a wealth of expertise in both domestic and international matters. One legal insider comments: "She is best in class; there is just nobody better. She's tough by just being so much smarter than everyone else. She is so careful, thorough, strategic and can see things in ways that mortal human beings just cannot."
Toni Ann Kruse advises on wealth planning issues including charitable giving, business succession planning and estate and gift tax matters. "She was unbelievably responsive and attentive, and I cannot stress enough how good her client skills are;she marries this with a great technical expertise," reports one interviewee. Another legal insider notes that "she is a real up-and-comer," remarking that "she is prolific in our industry and has provided a lot of useful input for the wider industry."