Firm Name Change and Other Significant Developments from Klug Counsel

FOR IMMEDIATE RELEASEWashington, DC, February 12, 2024— Basswood Counsel (formerly Klug Counsel) announces some exciting developments at the firm that further their commitment to provide customized services to their clients.”We have long believed that the firm is larger than any one person and it is time for the name of the firm to reflect this value,” Chris Klug shares.In 2024, the name of the firm will transition over time from Klug Counsel PLLC to Basswood Counsel PLLC.  The Basswood Tree is known as a symbol of unity, prosperity, versatility, and justice.  The Basswood Tree is found all over the world and in some cultures important meetings and outdoor celebrations occur under the shade of a Basswood Tree.  Pulling this all together and in line with the firm ideals, Basswood symbolizes that “we have you covered.”Along with the change to the firm name, there will be new partners and of-counsel attorneys at the firm who have extensive experience in new practice areas including corporate, securities, private equity, global mobility, public finance, venture capital, and anti-money laundering compliance.  Basswood Counsel will be providing periodic announcements introducing these new practice areas and the background of the new professionals associated with the firm.In order for the name change to proceed smoothly, it will transition over time.  There will be notifications when the official name change occurs along with new contact information.  Clients who contact the tax planning attorneys through the Klug Counsel contact information after the name change will still receive the messages, so there will be no disruption as a result of the name change.Basswood Counsel: Trusted Legal Advisors for Global Businesses and Individuals!About Basswood Counsel:Basswood Counsel (formerly Klug Counsel) represents companies, start-ups, private equity funds, family offices, and high-net-worth individuals. The firm also assists clients in practice areas including corporate, securities, private equity, global mobility, public finance, venture capital, and anti-money laundering compliance. Through their strategic partnerships with law firms and other professional service firms in the U.S. and around the world, they are able to meet the tax and business needs of their clients in the U.S. and globally.Media Contact:Christopher KlugBasswood Counsel (formerly Klug Counsel)+1 202-980-4788[email protected]