What are the responsibilities and job description for the Trusts and Estates Partner position at Simpson Judge USA?
Trusts and Estates Partner / Senior Associate — Long Island, New York
A well established and highly regarded Long Island law firm is seeking an experienced Trusts and Estates attorney to join its team and take over a thriving HNW practice from a senior partner who is transitioning to semi retirement.
This is a rare and genuinely exceptional opportunity for the right attorney. You will not be starting from scratch. You will be stepping into an established book of business in the region of $700,000 to $1 million and working with a sophisticated client base of high net worth individuals and families. You will benefit within a firm that has the infrastructure, the cross referral pipeline and the culture to support your long term growth while building your own practice.
The Role
You will chair the firm's Trusts and Estates Department, taking on full responsibility for the practice with the support of existing associates and paralegals. Day to day you will advise clients on complex estate planning and administration matters, oversee junior staff, manage client relationships and identify cross referral opportunities across the firm's active litigation, real estate, healthcare and corporate practices.
The Work
The client sweet spot is $2 million to $25 million in net worth with some significantly larger matters. You will be expected to advise on sophisticated planning instruments including complex wills, revocable and irrevocable trusts, GRATs, SLATs, IDGTs, ILITs, DAPTs, dynasty trusts, charitable structures and business succession planning. Estate administration, fiduciary accounting and Surrogate's Court proceedings are also part of the practice.
What They Are Looking For
- 10 plus years of dedicated Trusts and Estates experience
- Strong technical knowledge across sophisticated estate planning and administration
- Polished client handling skills and the gravitas to inherit long standing HNW client relationships
- A genuine work ethic and entrepreneurial mindset
- New York Bar admitted
- A portable book of business is a plus but not a requirement for the right candidate
What You Get
- A near $1 million book of established HNW client relationships to inherit and grow
- Compensation structured to reward your effort, base salary plus origination and billable upside
- Realistic total compensation range of $250,000 to $400,000 depending on experience and origination
- No rigid billable hour targets, 125 to 150 hours per month is the expectation
- Genuine hybrid flexibility, three days in office with remote working available
- Cross referral opportunities across a diverse full service firm
- A long term home with real succession and growth potential
The Culture
This is not a big Manhattan firm. The attorneys here work hard, service their clients at a high level and go home to their families. Quality of work and quality of life are not in conflict here. The firm has been successfully placing and growing attorneys for decades and has a strong track record of making lateral arrangements work for the right people.
Salary : $250,000 - $400,000