What's Happening?
Greenberg Traurig has announced the addition of Molly Unterseher as a shareholder in its tax-exempt organizations and philanthropy practice. Unterseher, who joins from Nixon Peabody, will be based in Philadelphia and New York. She brings extensive experience advising high-net-worth individuals, private foundations, and public charities on the formation, governance, and operation of philanthropic vehicles. Her expertise includes navigating complex rules related to private foundations, such as grantmaking, endowments, and program-related investments.
Why It's Important?
Unterseher's addition to Greenberg Traurig is a strategic move to bolster the firm's capabilities in the tax and philanthropy sectors. Her expertise is expected to enhance the firm's service offerings
to high-net-worth clients and philanthropic organizations, potentially attracting new business and strengthening existing client relationships. This move reflects the growing importance of specialized legal services in managing complex philanthropic and tax-related matters, which are critical for clients seeking to maximize their impact and compliance.
What's Next?
As Unterseher integrates into Greenberg Traurig, the firm is likely to leverage her expertise to expand its client base and deepen its involvement in the philanthropy sector. This could involve developing new service offerings or enhancing existing ones to better meet the needs of clients in this niche market. The firm may also explore opportunities to collaborate with other practice areas to provide comprehensive solutions to clients' legal and financial challenges.
