As a trusted and sought-after corporate, regulatory, and government services adviser, Steve Herst is dedicated to solving the most complex legal challenges for those he serves. Clients regularly seek Steve’s counsel across a broad array of legal needs, including contracts and negotiations, regulatory and administrative matters, and legislative and political issues. He also provides leadership on high-profile initiatives involving managing multidisciplinary teams.

A primary focus of Steve’s practice is untangling the complex web of unclaimed property and escheat issues for clients. Complicated unclaimed property laws exist in every state and underpin an important state regulatory function, but the associated liabilities can also significantly impact a company’s bottom line. In solving unclaimed property puzzles, Steve is dedicated to explaining arcane laws and regulations in plain English and earning his clients’ trust by solving problems and addressing their specific concerns.

Steve has helped business and government clients navigate the intricacies of abandoned property matters in all states and reporting jurisdictions. He has successfully resolved hundreds of unclaimed property audits and voluntary disclosures across diverse industries. Steve has also consulted on unclaimed property in mergers and acquisitions, contract negotiations, and internal compliance procedures. His work has spanned the e-commerce, fintech, healthcare, manufacturing, oil and gas, retail, and securities industries.

Steve's practice involves representing large corporations, state agencies, trade organizations, startups, non-profits, and small businesses in various corporate and government services matters. Steve’s professional experience also includes experience leading an unclaimed property audit firm, a Delaware judicial clerkship, an internship with a U.S. District Court Judge, and time spent as a body man for a U.S. Senator.

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I strive to be a translator for my clients, simplifying the dense landscape of laws, regulations, and contracts into actionable strategies for client success.”
Credentials

Education

  • Rutgers Law School, J.D., 2011
  • University of Delaware, B.A., politics and history, 2007

Bar Admissions

  • Delaware
  • Pennsylvania

Clerkships

  • HonorableResident Judge Richard R. Cooch, Delaware Superior Court
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