David Pratt

I hired David Pratt and his firm, Proskauer, for asset protection strategies for my portfolio. I was deeply disappointed in his work. Time has passed and I have become more forgiving because money is not everything but I don't want anyone else to fall into this trap. In asset protection I was trying ...to protect what I had already earned. It's a different kind of law, not necessarily involving litigation or defense. I simply wanted to keep what I owned and to pass it to my family when deceased. Pratt made unnecessary mistakes that exposed me to unexpected tax burdens. He created opaque entities and then removed me, the owner, and put himself in authority over those entities, which gave me great anxiety. and distracted his focus. He became difficult to communicate with, hard to get in touch with, and adversarial when I did get in touch with him. I paid all his bills, which were heavy and added an even greater diminishment to my portfolio.

A number of years ago we went to David Pratt, Proskauer Rose, for pre-planning work and he made a lot of sense to us, proposing creating complex structures, that impressed us. But we have another attorney who handles our company's commercial contracts work. She showed us how the documents Mr. Pratt h...ad written for us to sign would have given him absolute control over everything we owned, we were basically signing everything over to him. In a worst case scenario he could deplete and mismanage all we had built up, with nothing we could do about it. So we paid his bill, walked away, no harm done. But in the last few years we have heard that the worst case scenario has happened to others, so we decided to write this review to recommend caution.