Meet the Sponsors - David Palay, Reinhart Boerner Van Deuren s.c.

by Molly Barnes
February 3, 2021

The Wisconsin Family Business Center sponsors are an invaluable resource to FBC members. They are experts in the areas of finance, law, insurance, and investment, and they recognize the importance of family businesses to the health and well-being of the economy, the community, and of society in general. In the latest Meet the Sponsors feature, you’ll meet David Palay from Reinhart Boerner Van Deuren s.c.

David Palay,
Reinhart Boerner Van Deuren s.c.

Tell us about your role at Reinhart Boerner Van Deuren s.c. What do you enjoy most about it?
I'm an associate attorney at the firm. I really enjoy working closely with my colleagues in the Family Business Group, and I love getting to know our family business clients and getting to watch their businesses grow and mature.

Do you have a specialty or area of focus in your role that our community would find helpful?
All matters of family business law.

How long have you been a part of the Wisconsin Family Business Center?
Two years

Please tell us about your time as a sponsor of the Wisconsin Family Business Center. What have you enjoyed most? What value have you received from being a part of the FBC community?
I really enjoy the programming, from which I always learn really practical information I can put to work. But I also love the sense of community and comradery, the fact that local family-owned businesses come together to share information, and just to get to know one another.

What the biggest challenge you see family businesses face?
Probably the uncertain economic environment from the ongoing pandemic. On top of that, because it is an election year, there are also uncertainties with respect to changes in the tax code that could substantially affect business and succession planning.

What is your all-time favorite book?
The Woman Who Lost Her Soul by Bob Shacochis

What professional accomplishment are you most proud of?
Becoming a family business lawyer at Reinhart!

What do you want business owners and family business leaders to know about your industry?
We care about families, not just businesses, and we are in it for the long haul.

Please tell us about yourself, your education, and background.
I'm a Madison native. I attended the University of Michigan and received a B.A. in social anthropology. After that, I worked for a few years as an investigator at a public defender agency in the Bronx, New York. I then attended the University of Chicago Law School and worked as a litigator in a large Chicago law firm for a few years. Eventually, I went and clerked for federal district court judge in New York, after which I moved back to Madison and joined Reinhart.