Associate Attorney

DescriptionStonehage Fleming Law US1 is a boutique law firm based in Philadelphia, Pennsylvania, that focuses on international and domestic tax planning, tax compliance, and trust and estate planning and administration for private clients and private investors. Because our client base consists almost exclusively of ultra-high net worth individuals, many of whom own or control closely-held businesses; our practice also involves establishing tax-efficient structures and governance arrangements for operating and investment entities, as well as developing and implementing business succession plans. The founder of the law firm, Peter Rosenberg, is also President of Stonehage Fleming US LLC, which manages the United States operations of Stonehage Fleming. Stonehage Fleming is one of the world’s largest international multi-family offices, with eleven offices in North America, Europe, Africa and the Middle East. We work closely with Stonehage Fleming attorneys and advisors for mutual clients all over the world, many of whom have widespread assets and family members and therefore face myriad multijurisdictional legal issues.OVERALL PURPOSEBased in our Philadelphia office, this role has a heavy tax focus and requires an attorney who is both interested in and capable of dealing with income, estate, gift, and generation-skipping transfer tax concepts on a daily basis. To succeed in this role, the attorney must also have the ability to understand applicable United States tax treaties and basic taxation principles of a number of other nations common to many of our clients. The role requires an attorney with excellent writing skills, both in preparing legal documents and in communicating complicated legal concepts to lawyers and non-lawyers alike. We emphasize a multi-faceted approach to client advice and service, which involves cultivating long-term relationships with clients and family groups in a recurring role as counselor and advisor. The role involves frequent interaction not only with clients and their family members but also with other professional advisors and fiduciaries. Consequently, strong interpersonal skills are critical to success in this role.Key ResponsibilitiesPRINCIPAL ELEMENTS AND ACCOUNTABILITIESProvide advice on legal and tax matters for residents and non-residents, including:Applicability of Federal and state taxes generallyUnited States (“US”) estate, gift, and generation-skipping transfer taxesUS income taxation of individuals, estates, trusts, corporations and partnershipsUS income taxation of foreign trusts, controlled foreign corporations and passive foreign investment companiesUS estate and trust planning and administrationClosely-held business governance and succession planningPrepare legal documents, including:Wills, trusts, powers of attorneyPartnership agreements, operating agreements, shareholder agreementsMinutes, resolutions, assignments, transfersPurchase/sale agreements, promissory notes, security/pledge agreementsResearch and writing, including:State and Federal tax and common law research memorandaComprehensive writings explaining legal concepts and related documentsLegal opinionsTax compliance, including:Preparation and review of Federal estate and gift tax returnsPreparation and review of state and Federal fiduciary income tax returnsPreparation and review of Federal tax compliance forms, such as Forms 3520, 3520-A, 5472, 8832.Consult with and coordinate advice from third-party professionals.Engage in training, lecturing and writing for specific clients and wider audiences.Moderate international travel required.Qualifications And Experience RequiredActive bar license for a jurisdiction in the United States. PA, DE, FL and/or NY preferredMaster of Laws (LL.M.) in taxation preferred but not requiredExperience of 3-5 years in tax or private-client practiceLarge firm experience preferred but not requiredExcellent oral and written communication skills requiredCandidates completing an LL.M program in tax with top academic credentials but no experience will be consideredCompensation And BenefitsExcellent compensation and benefits based on applicant qualifications.Education Level

Degree or EquivalentExperience Level

Mid Level

#J-18808-Ljbffr