Jeremy Goldstein Milestones in the Legal Field

Jeremy Goldstein Milestones in the Legal Field

In a recent article, Jeremy Goldstein explained how an options compensation might be a preferred way given to employees to choose from by employers. In fact, he asserts that although more equities and higher salaries are what most employees are resulting to due to economic fluctuations, allowing employees to choose stock options may increase productivity and efficiency ways. Since the individual earnings in this option are tied to increased shares value of the corporation, the staff are likely to work harder in a manner like attracting more clients, retaining the existing ones through customer satisfaction and eventually increased sales.

 

With that understanding as personal earnings increase, the organization’s share values will increase at a higher proportion. Also, options offer something of equal value to the employees and are easy to understand as Goldstein notes. Also providing shares for the employees over options may increase the tax burden of the firm thus increasing the operating costs in the long run. Thus the solution in realizing these benefits lies in the company’s ability to adopt the right strategy and minimize overhang and also ongoing and initial expenses.

 

Knockout option is an appropriate approach that eliminates most of the problems associated with option compensation. However, Goldstein gives a disclaimer, suggesting that it cannot be used blinds and cannot be assumed to solve all problems but it is a great alternative during this economic times. The advantage is if an organization is unsure of the best course of action, then Jeremy can provide legal advice on the best course of action.

 

Jeremy Goldstein, an Executive partner at Jeremy L. Goldstein & Associates

 

Jeremy L. Goldstein & Associates is a New York based boutique law firm whose commitment is providing advisory services to organizations’ management like CEOs, compensation committees, corporate governance, and executive compensation. The firm thrives even in sensitive events and transformative times of organizations that may present as murky waters for the organization.

 

This is not the first law firm that Goldstein partnered in but before he was a co-founder of the Wachtell, Lipton, Rosen & Katz. Mr. Jeremy Goldstein had participated in significant legal transactions in the past decades and registered great success. Such transactions include the acquisition by United Technologies of Goodrich, the Sanofi-Aventis by Genzyme firm and Kinder Morgan Inc. among others. Mr. Jeremy Goldstein is also a writer, philanthropist and a public speaker on various platforms. He graduated from the University of Chicago for his masters.

 

Visit http://jlgassociates.com/ to learn more.

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