(CHICAGO) Katten announced today that the firm’s acclaimed Private Wealth practice received the Citywealth Magic Circle Award in the Law Firm of the Year – USA category. The firm was also a finalist in the International Law Firm of the Year category and was recognized with the silver award.
“We are so honored to be the recipient of these highly coveted awards,” said Joshua S. Rubenstein, national head of the firm's Private Wealth practice. “The awards distinguish Katten as an industry leader and a firm well-versed in handling intricate trusts and estates planning, administration and litigation matters and providing strategic solutions and pragmatic advice to meet the needs and goals of our clients in the private wealth arena.”
This year marks the second year in a row for Katten Magic Circle wins in the distinction of Law Firm of the Year – USA. Last year, Katten took home the top prize in both categories: International Law Firm of the Year – Large and Law Firm of the Year – USA.
The Magic Circle Awards, issued by the UK financial magazine Citywealth at its flagship event held virtually this week, recognize the achievements of the international private wealth industry, including leading law firms, trust companies, family offices, tax advisors, investment managers and bankers. The awards are based on nominations that illustrate innovative client service, talent development, firm performance, and leadership and vision, among other areas. The entries were evaluated by a judging panel and included online voting.
Katten’s Private Wealth practice unites three essential components — planning, administration and litigation — on the local, national and international levels. Attorneys offer sophisticated strategies to help ultra-high-net-worth (UHNW) individuals, families, business owners and entrepreneurs, corporate executives, investors, philanthropists, professionals and creative artists on complicated estate, gift and charitable planning matters, and trust and estate litigation. Specifically, attorneys help structure trusts and inheritances, plan for and implement business succession, administer complex estates, resolve family conflicts and estate and trust disputes as well as controversies with taxing and regulatory authorities, and work with beneficiaries, trustees, financial institutions, nonprofits and others involved in the administration of estates, trusts and other structures.
“Congrats to our shortlisted nominees and the winners today, you have been selected by judges who are industry peers and by a public online vote from peers and UHNW clients globally. You are the best wealth managers and advisors of 2020,” said Karen Jones, editor of Citywealth.