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Proskauer Rose provides comprehensive private client services for high net worth clients, including wealthy executives, entertainers, entrepreneurs and family offices. "They have a great practice with some very high-profile clients in the sport and entertainment industry," reports a wealth insider.
The firm is praised for its strength and depth in this area, with one wealth adviser stating: "We think, on a national level, they are one of the strongest firms in trusts and estates and they have an exceptionally deep bench." Another New York interviewee notes: "They are a top-end firm and they can do anything that we ask of them with no problem. It's been a long-term relationship and one that has been very fruitful at our end."
Jay Waxenberg advises on both contentious and non-contentious private wealth matters. "He has very good understanding of the law and also knows how to put things into context for the client and apply the law to our situation," enthuses a wealth insider. A local source says: "He doesn't waste your time and gets to the nub of the issue; he realises people's time is valuable and he understands that such clients are busy and their time is precious. He gets straight to the point."
Stephanie Heilborn leads the firm's international private client group and is described as "a seasoned lawyer" by one source. "She is strong on cross-border work," notes a legal insider, while another market source states: "She can establish a very, very strong rapport with the client. She is very good at putting them at ease while also being practical in her advice." The source continues: "She presents the advice in a very understandable way."