Jeremy Goldstein warns that executive pay can be potent wedge issue

While much is said about the state of executive compensation in the United States today, mostly from the perspective of those who believe that executives are overpaid, with multiples of typical executive pay being hundreds of times that of the average worker, they don’t take into account the many perils that today’s executives face. One of those is the prospect of the entire executive team being effectively divested from the company, which they built from the ground up. For many executives who are heavily emotionally and personally invested in their own companies, this should present a dire specter.

 

Jeremy Goldstein is one of the nation’s foremost executive compensation attorneys. He has served as a senior partner with famed law firm Wachtell, Lipton, Rosen and Katz for nearly two decades. One of the things that Goldstein recommends to executives today, even those of small to medium-sized businesses, which have proven to be just as attractive targets to activist shareholders as some of their larger counterparts, is to maintain a completely harmonious relationship between the executive suite and the corporate board. Goldstein warns that many activist shareholders view disagreement over executive compensation as one of the most potent wedge issues that can be used to gain hostile control of a board against the wishes of the executives who run the company.

 

With a Juris Doctor in law from New York University and experience working on some of the largest mergers and acquisitions in recent corporate history, including the Kmart acquisition of Sears Robuck, the Verizon merger with Alltel and the Phillips Petroleum acquisition of Conoco, among many others, Goldstein is perhaps the most talented and experienced executive compensation attorney in the country today. Recently, he struck out on his own, forming his own company, Jeremy L. Goldstein and Associates. He is a lawyer to continue watching in the years to come.

 

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Jeremy Goldstein’s Path To A Nationally Recognized Expert On Executive Compensation

The New York State Bar Association recently released a new way for people to find a lawyer when they need one. In addition to calling the state bar for a referral which has been the only way to get one for several years, people are now able to go to the association’s website. The website now features a Lawyer Referral and Information Service portal which will connect people with a lawyer in their area that has experience in the legal issue they need help on.

In order to receive a referral, the individual inputs the details of what their issue is as well as their personal contact information. A staffer at the State Bar reviews the information, which is handled confidentially, and then provides them with the contact details for the attorney. The fee for the first 30-minute consultation with this referred attorney is $35 although there are some exceptions to this. The service will help both people find nearby attorneys who meet their needs, as well as help lawyers earn new clients.

Jeremy Goldstein, the Partner at Jeremy L. Goldstein & Associates, is an attorney who works in the city of New York. After graduating from the New York University School of Law with his law degree, Jeremy Goldstein decided to specialize in executive compensation. Executive compensation can be a legally complicated area of the law, especially when a company merges with another one or is acquired. As such, Jeremy Goldstein provides his legal opinions to executive compensation committees, CEO’s, and the management teams that are involved in the transaction.

It was in 1999 that Jeremy Goldstein started his legal career at Shearman & Sterling LLP. In 2002, Jeremy Goldstein joined Wachtell, Lipton, Rosen, & Katz and eventually became a partner. He started his own law firm in 2014.

Visit http://officialjeremygoldstein.com/ for more information.