Milton S. Wakschlag has practiced as a municipal bond tax lawyer for more than 34 years. He concentrates his practice primarily in the areas of tax-exempt bond financing, IRS bond audits and private rulings, public-private partnerships, financial derivatives, workouts and arbitrage rebate. Milton provides counsel on the tax-exempt financing of sustainable and clean energy facilities, health care facilities, airports, affordable housing, assisted living, public power, sports facilities, public infrastructure, community development projects including tax increment financings (TIFs), and waste disposal facilities.

Over the course of his career Milton has held numerous professional leadership and faculty positions, including serving as chairman of the Tax-Exempt Financing Committee of the American Bar Association Section of Taxation, a member of the Steering Committee of the National Association of Bond Lawyers Bond Attorneys’ Workshop, a principal faculty member for the Government Finance Officers Association’s national training seminar “Understanding and Calculating Arbitrage Rebate,” co-chair of The Bond Buyer’s Ninth Annual Midwest Public Finance Conference and chairman of the Center for Business Intelligence’s national conference “Stadium Development.”

Milton is a frequent speaker on tax and municipal finance, appearing at conferences sponsored by the American Public Power Association, The Bond Buyer, the Center for Business Intelligence, the Council for Urban Economic Development, Georgetown University Law Center, the Government Finance Officers Association, Grant’s Municipal Finance, Information Management Network, the National Association of Bond Lawyers, the National Association of Health and Educational Facilities Finance Authorities, the National Council of Development Finance Agencies, the National Council of State Housing Agencies, the Northwestern University Tax Law and Sports Law societies, Performance Trust Investment Advisors, the US Conference on Municipal Reinvestment, and numerous governmental bodies and banking firms. He has been widely quoted in the media, including American City and County, Bloomberg.com, Debtwire, Grant’s Municipal Finance, Engineering News-Record, Modern Healthcare, Project Finance, Reuters International Financing Review, Tax Notes, The Exempt Organization Tax Review and The Bond Buyer. In addition, he is acknowledged in the article “Tax-Exempt Bonds and Municipal Telecom Facilities: A Modest Proposal (or Two)” (Journal of Municipal Telecommunications Policy, Winter 2006), The Fundamentals of Municipal Bonds, Fifth Edition (2001) and The Stadium Game, Second Edition (2001). Milt has published on tax-exempt finance topics in Infrastructure Finance, The Exempt Organization Tax Review and The Tax Lawyer.

Milton serves as the Chicago chair of the firm's Pro Bono Committee and was the first partner recipient of the firm's annual Pro Bono Service Award. He is a founder of Keshet, a parent organization for persons with disabilities, was a recipient of its "Guardian of Hope" award, and is a member of the Leadership Steering Committee for the Supported Community Living Initiative that it co-sponsors. He is acknowledged in Roth, Chaya, “The Fate of Holocaust Memories: Transmission and Family Dialogues.”