In an interview with IdeaMensch, Jeremy Goldstein states that the idea was born out of massive fall out of executive compensation consulting firms from large companies. The break off resulted from contentions in matters surrounding executive pay in these companies.
This created a gap that Jeremy felt was worth filling as a practicing lawyer. In a typical day, he is involved with his client offering advice, negotiating and drafting legal papers.
He says that all these activities are time-consuming and hence to ensure quality for his clients he has to limit the number of cases he will deal in a day. He is excited that lately the issue has been addressed and companies can now focus cooperate progress. To be an excellent you have to develop and maintain good relationship with your clients.
Make them feel like they can depend on you. One should not stop caring for their clients. His advice to the young generation that they should always approach every obstacle in their lives as an opportunity to grow. Besides, he advocates that business should learn to embrace technology in their practices. Read more: Jeremy Goldstein | Slideshare and Jeremy Goldstein | Quora
Additionally, Jeremy Goldstein recommends the use the knockout method when implementing stock options. The technique reduces accounting costs and also mitigates overhand threats hence the stock price will drop, and the value of shares will drop to certain level. This will encourage hard work among your employees.
Jeremy Goldstein is the founder of Jeremy L. Goldstein and Associates LLC; the firm works as an advisor to CEOS and managing teams on issue pertaining executive pay and other business practices such as transformative business events and related issues.
Goldstein has been involved in transactions involving companies like Goodrich and United Technologies, Verizon Wireless and Alltel Corporation to mention a few. Before founding his law firm, Jeremy Goldstein was a partner at Wachtell, Lipton, Rosen &Katz law firm. He currently the head of Mergers and Acquisition Subcommittee of the American Bar Association (business section).
Apart from being a successful lawyer, Jeremy Goldstein is philanthropic. He is director of Fountain House, a nonprofit organization that aims at helping people with severe brain ailments. Each year the foundation is positively impacting the lives of around 1300 people.
Jeremy is an alumnus of Cornell University, University of Chicago and New York University School of Law where he attained a B.A, an M.A, and J.D. respectively.