Biography

Brian Donnelly is Farella’s Managing Partner and a partner in the Tax practice group. Brian advises clients on issues involving partnership and corporate tax law for transactional matters and federal and state tax controversies. He has a special focus on tax issues affecting real estate development projects and startups. His clients encompass the real estate, technology, energy, wine, and professional services industries.

The majority of his work involves real estate, typically in the role of counseling clients on transaction structure and strategy. He represents, among other clientele, large commercial and residential developers and homebuilders, and assists them in negotiating and documenting the various agreements with capital investors in these projects. In this context, he helps fund projects, formulates tax-advantaged deal structures, negotiates and structures incentive compensation, and is involved in various other related tasks for these real estate projects.

In addition to real estate, Brian’s experience includes mergers and acquisitions, equity compensation, and various general corporate matters. He works extensively with partnerships, S corporations, joint ventures, and limited liability companies and with other members of the firm on federal and state tax controversies and property tax matters. He works with many entrepreneurs when they are ready to sell their business or transition ownership to the next generation or key employees.

He also does a significant amount of work advising clients on the use of historic tax credits, which provide a financial incentive for owners and developers rehabilitating historic properties, while preserving the historic character of these properties. As part of utilizing these credits, Brian typically begins by exploring the availability of these tax credits with owners, and then works to shape the project in order to utilize them in the most efficient manner.

As a practitioner, Brian provides his clients with a unique combination of highly sophisticated technical guidance and a collaborate approach. In addition to being an attorney, he is a CPA and has an LL.M in taxation. He uses his technical qualifications to work collaboratively with his clients’ advisers, particularly other CPAs and wealth advisers.

In addition, when beginning to structure a transaction, he strives to factor other, related topics into his thinking, including broader business and economic issues, as well as the personal and emotional priorities of his clients. Simply engineering a tax-efficient transaction is less significant than using creativity, responsiveness, and emotional intelligence to understand what the client is seeking to accomplish. Technical ability is assumed, but when a client has built up and is now selling a business, the most important service Brian renders his clients is asking “What do you want?” and listening carefully and deeply to the answer, then putting a comprehensive plan into effect.

Distinctions

  • Distinguished Leader Award finalist, The Recorder California Legal Awards (2023)
  • The Best Lawyers in America in the area of Tax Law (2021-2024)

Firm Highlights

News

A Hoteling Success Story? A Look Inside Farella's New San Francisco Office

Managing Partner Brian Donnelly and Real Estate Partner Tony Ratner spoke to The Recorder about Farella's move to One Bush Plaza in San Francisco and adopting office space hoteling. In the article, Tony noted that...

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Publication

Federal and California Taxpayer Relief: Reprieve From Wet Winter Weather

2023 started California off with weather that escapes recent memory. Rain, snow, and surf seemed unrelenting for the first two weeks of January. While this spell of winter storms has brought snow to our...

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News

Midsize Firms Scrutinize Sporadic Partner Attendance in Return to Office Push

Brian Donnelly spoke to Jessie Yount for the ALM Pro Mid-Market article, "Midsize Firms Scrutinize Sporadic Partner Attendance in Return to Office Push." The article mentioned that since the firm moved to One Bush Plaza...

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News

How Farella Notched Top Workplace Rankings Under Brian Donnelly's Leadership

Brian Donnelly Headshot
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News

Brian Donnelly Named a Distinguished Leader Award Finalist by The Recorder

Brian Donnelly Headshot
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News

Viewpoint: Why a San Francisco law firm recommitted to the Financial District

Farella Braun + Martel has been an institution in the San Francisco Financial District since its founding more than 60 years ago. We’ve seen inflation, deflation, recession, boom, bust, dot-com, earthquakes and natural disasters...

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News

Farella Lawyers Recognized in The Best Lawyers in America® 2024 Edition

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