November 16, 2011 // Franchising.com // Boston, MA. Nixon Peabody LLP furthered its leadership in managing trusts, estates, and assets of individuals and families in the U.S. and abroad with the move of a significant group of attorneys and staff from Edwards Wildman (formerly Edwards Angell Palmer & Dodge LLP and Wildman, Harrold, Allen & Dixon). Partners Lawrence B. Cohen and Jay D. Rosenbaum, highly regarded by their peers and in the community, bring to Nixon Peabody a team providing estate planning, international private client advisory, asset management and investment, and tax services. With the addition of this team, Nixon Peabody holds in custody or under management for clients approximately $4 billion in assets.
“Nixon Peabody’s Private Clients practice is second to none, with particular strength and resources in Boston,” said Andrew I. Glincher, CEO & managing partner of Nixon Peabody. “Larry, Jay, and their team are an excellent fit with our innovative and collaborative approach to meeting the needs of our clients. We are delighted to welcome them to Nixon Peabody.”
Mr. Cohen focuses on estate planning, estate and trust administration, and business succession planning. His clients are high-net-worth individuals, successful closely held businesses, and people and institutions seeking advice on probate, transfer and income tax, and related issues. He is the president of the board of trustees of the Jewish National Fund of New England, and is a member of the board of trustees of the Brookline Music School. He has served on the board at the Judge Baker Children’s Center and the Boston Estate Planning Council. He earned his JD from Georgetown University Law Center, cum laude, and his B.A. from Wesleyan University, cum laude.
Mr. Rosenbaum brings significant domestic and international private client skills to Nixon Peabody, concentrating his practice on wealth transfer planning, estate and trust administration, and estate, gift and income tax minimization strategies for clients in the United States and abroad. He has specific experience with business succession and skillfully integrating business planning with wealth transfer planning, and advises companies and their owners on a variety of corporate transactions and transitions.
Mr. Rosenbaum will expand Nixon Peabody’s international private client efforts as he advises from the Boston and London offices on estate planning to U.S. citizens living abroad; non-citizen residents of the U.S.; and non-citizens with business or other significant assets in the U.S. Mr. Rosenbaum is a co-chair of the Day School Education Commission of Combined Jewish Philanthropies (CJP), a member of CJP’s Development Committee, and a trustee of Gann Academy in Waltham, Massachusetts. He is a member of the Boston Bar Association and former co-chair of its Trusts and Estates Section, and serves on the Estate Planning Curriculum Committee for Massachusetts Continuing Legal Education (MCLE). He earned his JD, cum laude, from Boston University School of Law, and BA, magna cum laude, from Boston University.
Both Mr. Cohen and Mr. Rosenbaum are members of the prestigious American College of Trust and Estate Counsel (ACTEC).
“Larry and Jay are outstanding attorneys and are well-respected in the industry. We have worked beside them both throughout the years,” said Deborah Anderson, leader of Nixon Peabody’s Private Clients practice. “The addition of this team builds upon a decades-long foundation of excellence in meeting the needs of our clients.”
Nixon Peabody LLP is a full-service law firm that helps clients navigate complex challenges in litigation, real estate, corporate law, and finance. With approximately 700 attorneys throughout the U.S., Europe, and Asia, our focus is on working collaboratively to serve clients ranging from private individuals and entrepreneurs, to large corporations and financial institutions. Employing innovative and client-centered approaches, the firm helps to anticipate and capture opportunities, prepare for and manage risks, protect intellectual property, and forecast and overcome obstacles. Nixon Peabody is committed to the clients it serves, the communities in which it serves them, and the diverse professionals who have helped make it a “Best Law Firm” and a “Best Place to Work.”
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