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37 Philadelphia Bar Rep. 1 (2008)

handle is hein.barjournals/phlbrrpr0037 and id is 1 raw text is: Reoorter The Monthly Newspaper of the Philadelphia Bar Association Vol. 37, No. 1 Tax Reform, Equal Opportunities, Aiding Needy Top Pratt's Agenda 1 By Jeff Lyons THE VALUES LEARNED FROM HIS mother - family, education, giving back to those less fortunate and equal opportunity for all - will be the values A. Michael Pratt will stress in his year as Chancellor of the Philadelphia Bar Association. In a packed ballroom at the Park Hyatt Philadelphia at the Bellevue on Dec. 4, Pratt offered his ideas for 2008. He was joined by two of his children, his mother and stepfather, nine of his siblings and their spouses, an aunt from Texas and his granddaughter. More than 600 people attended the program. Pratt praised his mother, Joan Tracy, throughout his remarks, recalling her strength at raising 12 children by herself in a small house in Western Pennsyl- vania. I was the fourth of 12 children and, sometimes we did have to share beds. We didn't have running water to our home and our bathroom was an outhouse. To say that we were not people of means, well, that would be a gross understatement. But thanks to my mother, we did have means. We had the means to hope, the means to dream, the means to keep faith with ourselves and our family. And we also had the means to work hard and to help one another. Mom, thank you for your love, teach- ings and sacrifices that now allow me to stand here today, he said. As Chancellor, the Philadelphia legal community is all my family. The Bar Association will, first and foremost, continue to look out for the interests January 2008 Foundation Distributes Record $5501000 . By Mark A. Tarasiewicz Thirty-one groups that provide legal services to the disadvantaged in Phila- delphia received an early holiday gift from the Philadelphia Bar Foundation in December as the Foundation distributed a record $550,000. This figure does not include the more than $100,000 in other types of fellowships, grants and support that the Bar Foundation has already made in 2007. This year's grants from the charitable arm of the Philadelphia Bar Association represent nearly a 40 percent increase over last year. Most of the money is raised from or through Philadelphia lawyers and continued on page 20 A. Michael Pratt credited his mother, Joan Tracy, with instilling in him the values that have made him a success. of its members. In 2008, that will start with tax reform in the City of Phila- delphia, which we know is a big issue for our new mayor. I would first like to pledge to Mayor-Elect Nutter and his administration the support of the entire Philadelphia legal community in his ef- forts to achieve real solutions for a range of issues affecting our city, Pratt said. For too long, city businesses have paid the nation's highest local busi- ness tax. And there is no reason that professional firms that are organized as partnerships should pay a higher tax rate than those organized as corpora- continued on page 13 KNIPES-COHEN CoiU REPORTING VER ITEXT BET TER INEVEY CASE 215-928-9300 COURT REPORTING * VIDEOGRAPHY * VIDEOCONFERENCING ReDc)rte_--.r 0 Bar

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