The law firm, headquartered in Washington DC, said it has formalized its existing work for family offices into a coordinated team.

Venable LLP has expanded its family office practice, bringing work it already carried out for family offices and high net worth families across the firm under a single team.

The group advises across the lifecycle of family capital, from governance, tax and wealth planning to M&A, direct and fund investments, enterprise protection, philanthropy and succession. It also covers specialist assets held by wealthy families and public figures, including art, real estate, media and entertainment interests, sports teams, intellectual property, royalties, rights of publicity and name, image and likeness (NIL) rights.

“Venable has been advising family offices and high net worth families across many areas of the firm for years. This expansion formalizes that work and gives clients a coordinated team that can address a range of issues,” Chuck Morton, managing partner of Venable’s Baltimore office, said. 

Morton, a corporate attorney, advises family offices, closely held businesses and investors on M&A, strategic investments and other complex business matters. Sandra Newman, a partner in Venable Private Wealth Planning, advises on structuring and administering family offices, with a focus on investment structures, risk management, multigenerational wealth planning, succession and tax.

The firm has more than 900 professionals in California, Colorado, Delaware, Florida, Illinois, Maryland, New York, Virginia, and Washington, DC.