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Small Firm Wins Big Honor

Who says size matters? At a black-tie dinner in London last week, the four-lawyer Miami boutique Cantor & Webb was awarded international recognition for its trusts-and-estates work, beating out two much-larger firms also nominated for the award, 400-lawyer Day Pitney and 650-lawyer Katten Muchin Rosenman. The international Society of Trust and Estate Practitioners honored the Miami firm as the inaugural recipient of its North American Private Client Team of the Year award. In announcing the award, the judges said:

"Cantor & Webb has a team which has a vast knowledge of estate planning structures in jurisdictions such as Mexico, Venezuela and the United Kingdom, are invaluable to private clients who seek financial security for their families. Their dedication to those clients and the industry make them this year’s winner."

While Cantor & Webb may be a small firm, its clients represent big money. The firm focuses exclusively in representing high net worth private international clients in tax planning, estate planning and related matters. It is an area of practice that STEP chief executive David Harvey says is seeing a resurgence. "With trillions set to pass between generations by 2040, the private client industry is booming," Harvey said. "With such a large amount of money in private hands, there is a need for good stewardship of assets." Here is proof that a small firm can be as good a steward as a larger one.

Posted by Robert J. Ambrogi on September 20, 2007 at 03:22 PM | Permalink | Comments (0)

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