Financial literacy and independence are important for everyone, but even more important for women given the gender wealth gap. According to Forbes, “in the U.S., women-headed families only have 55% of the median wealth as compared to families headed by men.” As part of our observance of Women’s History Month, Proskauer hosted a workshop on the importance of financial literacy with Savvy Ladies, a non-profit committed to empowering women through financial education. Stacy Francis, founder of Savvy Ladies, and Lisa Zeiderman, Board Chair, shared best practices for taking charge of one’s finances, regardless of economic status or stage in life. They explained the difference between financial advisors, consultants and planners, and the mistakes to avoid when seeking a financial advisor. Above all, the pair highlighted the importance of staying engaged, prepared and in control when dealing with finances and not to leave financial matters up to a spouse, partner or family member.

On October 23, 2023, Proskauer attorneys submitted an amicus brief in connection with the U.S. Supreme Court case of Moore v. United States[1] on behalf of the American College of Tax Counsel—a nonprofit professional association of tax lawyers in private practice, law school teaching positions and government that is widely recognized for its excellence in, and substantive contributions to, the tax profession. Moore is widely viewed as a significant case, as it represents the first time in decades in which the Supreme Court will consider the constitutionality of a federal income tax statute. Furthermore, the Court’s decision has the potential to upend years of well-settled tax law and planning principles, introduce unprecedented uncertainty into the Code and spawn voluminous litigation.     

As we recognize Asian American and Pacific Islander Heritage Month, I recently sat down with our friend Wayne Ho, CEO of the Chinese-American Planning Council (“CPC”), to learn more about the community issues the nation’s largest Asian American social service organization is working to address.  Since 2021, Proskauer has partnered with the CPC to host several educational workshop series with CPC teens, centering on social justice and academic enrichment. Proskauer employees volunteer as mentors on a regular basis, through programs like those sponsored by the CPC, imparting their expertise beyond the law to inform and inspire students to succeed in college, their careers and other aspects of their lives.

Proskauer and co-counsel Disability Rights Advocates (“DRA”), a nationwide nonprofit disability rights legal center, triumphed in a Chicago court this month, obtaining a ruling that will lead to historic accessibility improvements for the more than 65,000 people with vision difficulties who live in Chicago. The Court granted summary judgment on claims that the City of Chicago discriminated against blind and low vision pedestrians under federal disability rights laws by failing to install accessible pedestrian signals (APS) at signalized intersections.  American Council of the Blind of Metropolitan Chicago, et al. v. City of Chicago, No. 1:19-cv-06322 (N.D. Ill.). 

Last week, Proskauer was honored to host a summit in its New York office, led by United States Senator Kirsten Gillibrand, on efforts to ensure public safety and economic opportunities for Asian American and Pacific Islander (AAPI) communities. The event, moderated by Frank Wu, the president of Queens College, brought together over 50 business, academic and community leaders, including the presidents of the Ford Foundation, Fordham University, Teachers College (Columbia University), Baruch College and the Asian American Business Development Center. The discussion focused on ways to battle anti-Asian xenophobia and racism and offered ideas to build capacity and investment in AAPI communities through federal policies and action.

Last week, hundreds of lawyers and staff gathered across Proskauer for the 15th Annual Golden Gavel Awards ceremony to honor those who have made significant contributions to the Firm’s pro bono, corporate social responsibility and Diversity, Equity & Inclusion efforts this past year.  The evening began with a special guest.  Preet Bharara, the former United States Attorney for the Southern District of New York, shared insights from his time in office, impressed the importance of public service, and addressed several issues he raised in his best-selling book Doing Justice: A Prosecutor’s Thoughts on Crime, Punishment, and The Rule of Law.  Also of note were remarks from Labor & Employment associate Godfre Blackman who is currently serving as the Firm’s NAACP Legal Defense and Educational Fund (LDF) Fellow. As part of the Firm’s Collaborate for Change initiative, Proskauer created this fellowship for one of our associates to work directly with the LDF on strategic matters focusing on eliminating disparities and achieving racial justice and equality.