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Pro Bono

Am Law 100 firm with practices in Business, Digital Assets and Data Management, Intellectual Property, Labor & Employment, Litigation and Tax.

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John Carney Chairs and Speaks, Jimmy Fokas Speaks at PLI Basics of Accounting for Lawyers 2025

Webinar Series: Transforming Legacy Management Experience

Rebecca Schrote Presents on APEX Depositions at Columbus Bar Association CLE Session

To Help the New Administration Help Your Industry, You Need an Agency Strategy (Real Estate Finance Journal)

On Nov. 17, 2022, Partner Alexander Reid was quoted in a Law360 Tax Authority analysis titled “Benefits of Patagonia Donation Model Could Draw Followers.”  The founder of outdoor apparel company Patagonia recently transferred all of his and his family’s voting stock to a trust and their nonvoting stock to a nonprofit organization. This contrasts with the approach taken by Newman’s Own after the death of Paul Newman. Newman’s Own transferred the entire ownership of its business to a private foundation.  Reid told Law360 that it makes sense for a company to follow the Newman’s Own model following a death, “while the Patagonia model is more attractive for gifts during life,” particularly when a company owner wants to stay involved in the business and take part in political activity.  <a href="https://www.law360.com/tax-authority/articles/1550583/benefits-of-patagonia-donation-model-could-draw-followers" target="_blank" rel="noopener">Read the article.</a>

core/freeform

Washington, D.C.

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Alexander L. Reid

Tax-Exempt Organizations and Charitable Giving

Alexander Reid Discusses Two Models for Keeping a Business Running While Sending Future Profits to Charity

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