Atty. Lawrence I. Richman
Larry is chair of the firm’s Private Wealth Services practice group. He facilitates successful legal strategies for entrepreneurs, tax-exempt organizations, fiduciaries and high-net worth families and individuals.
Profile Summary
About Lawrence I. Richman at a glance
Lawrence I. Richman is a trusts attorney based in Chicago, Illinois, practicing at Neal, Gerber & Eisenberg LLP. Admitted to practice in Illinois, Illinois State Bar Association. Educated at University of Chicago (J.D., 1977) and Columbia University (B.A., 1974). Recognitions include Best Lawyers in America — Trusts and Estates (2026). Serands clients in Chicago, IL and the surrounding metropolitan area.
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About
- Larry is chair of the firm’s Private Wealth Services practice group
- He facilitates successful legal strategies for entrepreneurs, tax-exempt organizations, fiduciaries and high-net worth families and individuals
- This work involves estate, gift and charitable planning issues, including business succession, tax-efficient ownership structures, sophisticated tax-exempt structures, trust and estate administration, executive benefits, life insurance and international estate planning for wealthy individuals
- Larry is nationally recognized for his ability to conceptualize effective methods that enable family offices and wealthy individuals to make well-informed business and legal decisions at every level of their operations
- Attorneys, businesses, families and entrepreneurs all over the country frequently retain him to provide a second opinion on sensitive or high-exposure matters not only because of his extensive experience in estate and trust and tax law, but also his experience dealing with the complex factors that motivate the affluent in managing their business and personal affairs
- Larry’s clients face singular challenges: planning for succession, constantly evolving estate and tax planning regulations, generation-skipping taxes and complex family issues
- Larry has served as chairman of the Trust Law Committee of the Chicago Bar Association, is a fellow of the American College of Trust and Estate Counsel, where he serves on its Business Planning and Fiduciary Income Tax Committees, and is a frequently published author and speaker
- He is also the Estate and Succession Planning columnist for CCH’s Journal of Passthrough Entities
- Larry has been recognized as a leader in Chambers High Net Worth in “Private Wealth Law” since 2018
- He was also recognized as a national leader in Chambers USA: America’s Leading Lawyers for Business in “Wealth Management” from 2006 to 2017
- He has also been named for inclusion in Super Lawyers, Who’s Who in America, and Who’s Who Legal: The International Who’s Who of Business Lawyers
- He was named to Worth magazine’s 2006, 2007 and 2008 “100 Top Attorneys” nationwide list in recognition of his private client work advising entrepreneurs, tax-exempt organizations, fiduciaries and high net worth families on estate, gift and charitable planning issues
Practice Areas Explained
Lawrence I. Richman's Areas of Practice
Each practice area below reflects the types of cases Lawrence I. Richman handles, with a brief overview of what that area of law covers.
Lawrence I. Richman is one of 104,171 trusts attorneys indexed nationally. Browse trusts attorneys in Illinois →
Jurisdictional Context
Why local counsel matters in Illinois
Practicing law in Illinois. Legal matters in Illinois are governed by state-specific rules of civil and criminal procedure, statutes of limitations, and substantive law. Cases originating in Chicago are typically filed in the local municipal court or the appropriate Illinois state district court, depending on subject matter and amount in controversy. An attorney licensed in Illinois brings working knowledge of local procedural deadlines, judicial practices in this andnue, and the substantive law that applies to cases brought here. Out-of-state attorneys generally cannot represent clients in Illinois courts without local counsel or pro hac vice admission.
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