Modern executives face a number of serious risks to their livelihood. Most of these involve poor performance of the company . But some of them are mostly unrelated to that executive’s performance or the performance of the underlying stock of the company. In today’s environment of rampant shareholder activism, no executive team is immune from the possibility of being removed and having their compensation put at risk through adverse votes by the board of directors.
Jeremy Goldstein is one of the nation’s foremost executive compensation attorneys. He has helped litigate hundreds of cases and has experience with some of the most notable corporate mergers and acquisitions in recent history. Through his 15 years as a senior partner at Wachtell, Lipton, Rosen and Katz, Goldstein has gained perhaps more top-level experience than any other executive compensation attorney in the United States.
But now, Goldstein has struck out on his own. He has just successfully added his firm’s name, Jeremy L. Goldstein and Associates, to the Lawyer Referral and Information System, a system run by the New York State Bar Association, which specializes in finding the right local lawyer for any customer in the state of New York who needs legal counsel. This is an important first step in Mr. Goldstein’s effort to build his new practice.
Goldstein has decided to focus on providing the same level of quality and service to small and medium corporations as he had done for so long at Wachtell, Lipton, Rosen and Katz. One of the things that Goldstein strongly warns small-to-medium corporate executives against is the sloppy construction of corporate governance documents, particularly those pertaining to executive compensation. Goldstein says that, like scavengers to a carcass, shareholder activists are attracted to week executive compensation provisions.
For more details, visit http://officialjeremygoldstein.com/.