Jeremy is a highly reputed business lawyer who has saved many corporate firms in their management affairs from suffering significant losses that would have led to them quitting the market. To protect from effects of the shareholder’s wave of currents in corporate business of today’s business environment, various companies must review their compensation program. This is where Jeremy Goldstein, a business lawyer comes in to provide insightful advice in the management of companies.
Jeremy’s academic achievements added to his exceptional wealth of experience are a plus to the professional practice in offering advice to various company managers. Mr. Jeremy Goldstein acquired his J.D from New York University School of Law, an M.S from the University of Chicago, and B.A from Cornel University with distinction in all subjects.
Jeremy Goldstein has an over fifteen-year experience as a business lawyer where he has been providing legal advice pertaining to employee’s benefits. Jeremy has carried out major transactions that involve most recognized top corporate companies. Of the transactions that Jeremy has been involved in, some include; the acquisition of Goodrich by United Technologies, the Dow Chemical company, Duke Energy, Bank of America Corporation, Phillips Petroleum Company, among other reputed companies.
Most firms opt to stop providing employees with stock options in order to save money. Companies are convinced to curtail these benefits due to three major problems which include; the probability of significant drop of stock value that may hinder employees exercising options, many employees becoming wary of the compensation method, and the considerable accounting burdens. The compensation method do however provide equivalent value to all employees. This boosts individual earnings in case of the rise of the corporation’s share values.
Currently, Goldstein is a partner at Jeremy Goldstein & Associates. This is a boutique law firm that is dedicated to advising compensation committees, management teams, CEOs , among other corporate governance matters. Before Jeremy started his firm, he partnered at Wachtell, Lipton & Katz.
Jeremy advises firms to adopt the right strategy and embrace a “knockout” barrier option to continue awarding employees option and at the same time get the benefits and cuts on the cost The “knockout” mechanism helps firms reduce the initial accounting costs if the company’s stock is comparatively volatile. Stockholders’ worries on shrinking ownership shares as well are reduced. The knockout clauses that result in compensation figures being lower, looks better for shareholders.
Connect with Jeremy Goldstein on LinkedIn.