Posts in Category: New York

Jeremy Goldstein Focuses On Helping Company Directors And Management Teams With Valuable Compensation Advice

In times of stress, lawyers are often the first professionals to be contacted. Most individuals generally believe that their problems are solved once they get legal help. With the current wave of shareholder activism, many companies are already seeking out helpful ways to review their compensation programs.

Jeremy Goldstein has garnered quite a lot of experience working with public companies of various sizes and in several industries to enable them to set the right program. Basically, his main role is to provide company directors and management teams with valuable compensation advice.

In a bid to establish a reliable, go-to online hub for individuals and businesses seeking legal help on compensation matters in New York, a new online technology has been developed by the New York State Bar Association. With this technology, a greater number of New Yorkers can now be able to access legal services from lawyers within their community at a lower cost.

Ultimately, it offers a new, convenient means of obtaining legal services from professional lawyers like Jeremy Goldstein who are experienced in handling diverse compensation matters.

To this end, those seeking to hire a qualified professional adviser on legal matters to represent them in court can get on the newly launched online portal to make a search. Read more: Jeremy Goldstein | Slideshare and Jeremy Goldstein | Slideshare

Whether you need a lawyer to solve a landlord-tenant problem, write a will, help with a child custody issue, handle a criminal matter or any other legal issue, you can conveniently find a reputable lawyer like Jeremy Goldstein with this technology. Individuals can make use of this service at any time of the day as it is always available 24/7.

It is good to know that this confidential service which was recently launched by the trusted Lawyer Referral and Information Service (LRIS) is fully supported by the New York State Bar Association.

The system involves a quick and easy process that isn’t complicated in any way. Basically, individuals seeking legal services just need to describe their legal issue and location while filling out a confidential questionnaire on the website – (https://nysbalris.legal.io).

You can only be matched with a lawyer in your community after your questionnaire has been reviewed by the State Bar staff. Usually, a $35 fee is required for the first 30-mins of consultation if you talk to an attorney to whom you’ve been referred. But there are exceptions for matters involving worker’s compensation, unemployment, military law, medical malpractice, social security, and personal injury.

Jeremy Goldstein has been in the business for over a decade and he fully recommends this service because he understands what it means to find the right lawyer to handle a legal issue.

A Solution For Executive Compensation

Whenever we get a reward for good work, we tend to repeat the rewarding action often. This psychological concept is vivid in the business world. Where, the top executives, who earn more, tend to put in more effort. Thereby increasing the profitability of their firms.

 

 

Compensation has always been a bone of contention. This is because the people who do most of the work in companies are paid very little compared to what the top executives in the same organization earn. Studies show that there is a mismatch between the compensation of the CEO and that of lower-ranking employees.

 

 

Executive remuneration is made up of fiscal incentives and other non-fiscal incentives. This is typically made up of salary, bonus, insurance, and other benefits. Other examples of incentives include share and stock options. Executive pay is good for corporate governance.

 

 

Corporations aim to retain talent by rewarding the performance of their top executives. In the compensation packages, CEO’s are increasingly being paid with stock options. This is seen as a motivating factor for the executives since they will endeavor to align their interests with the interests of the shareholders.

 

 

This situation, however, creates a ticking time bomb because it is prone to manipulation by top executives. This creates a battleground because shareholders could lose all their value in the long-term.

 

 

One of the share options offered to executives is Earnings per Share (EPS). It indicates the value of each share relative to the profit of the whole company. It determines the prices of shares in the stock market. The use of EPS in determining compensation packages increases the overall productivity of the employees.

 

 

Jeremy Goldstein recommends a middle ground between the argument for and against the use of share options in compensation packages. What he provides is a solution that will see executives held responsible for matching their pay performance with the long-term goals of the company.

 

 

‘The legal 500’ lists Jeremy Goldstein as one of the leading compensation lawyers. He is also the chair of the mergers and acquisitions subcommittee of the American Business Association’s business arm and a board member of the Professional Advisory Board of the NYU Journal of Business and Law.

 

 

He is an alumnus of New York, Chicago, and Cornell Universities. Jeremy was a partner at Wachtell, Lipton, Rosen and Katz law firm before starting his practice, Jeremy Goldstein & Associates LLC, which is an advisory law firm dealing in executive compensation. Learn more: http://officialjeremygoldstein.com/philanthropy/