Understanding Regulatory Nuances—Colleen Hart of Proskauer

When was the first moment that made you feel confident about your work as a tax pro?

As a junior associate, I spent hours immersing myself in a voluminous set of proposed regulations that had just been released. I ingrained myself in the rules to a point where I knew that my understanding of the rules would be as strong as anyone’s. I would be the expert for my partners and clients. The novelty of the proposed regulations—no one yet had full grasp on them—and the time I spent to understand the smallest nuances within them allowed me to showcase my ability as a lawyer.

Lawyers, especially younger attorneys, should see new laws and proposals as an opportunity to expand their practice, knowledge, and offering.

This article does not necessarily reflect the opinion of The Bureau of National Affairs, Inc., the publisher of Bloomberg Law and Bloomberg Tax, or its owners.

Author Information

Colleen Hart is a partner in Proskauer Rose LLP’s tax department and a member of the firm’s employee benefits and executive compensation group. She advises companies, executives, and boards on complex executive compensation matters.