Jeremy Goldstein talks about importance of well defined executive pay

Jeremy Goldstein has become one of the nation’s premier attorneys for mergers, acquisitions and executive compensation packages. After a 15-year career with famed law firm Wachtel Lipton, Goldstein walked away to start his own private practice. During his long career with Wachtel Lipton, Goldstein gained expertise in the field of executive compensation law that is perhaps unmatched by anyone else in the United States today.

 

After leaving Wachtel, Goldstein has made an effort to become more well-known among medium to small business owners and executives. Coming from a firm that handled some of the largest mergers and acquisitions in recent corporate history, this test proved to be surprisingly difficult. Although Goldstein had worked on some of the most high-profile legal cases of our time, including the Kmart acquisition of Sears Roebuck, Verizon’s acquisition of Alltel and the Phillips Petroleum Company merger with Conoco, Goldstein is still not a household name, even though he is well-known within the field of corporate finance and law.

 

Part of this effort has included Goldstein getting himself listed with the New York State Bar Association and their new online lawyer referral service called the Lawyer Referral and Information Service. The New York State Bar Association is the oldest in the country, operating continuously since 1876. It was also the first bar association to begin the widespread referrals of clients to the relevant lawyers within their immediate vicinity, who hold the expertise necessary to take on their respective cases. By being listed with this referral service, Goldstein has made major inroads to running a successful private practice.

 

But his passion is still alive with the practice of executive compensation law. When asked what the greatest piece of advice he could give executives today would be, Goldstein replied that they should have a clearly defined compensation package tied to sensible goals which are aligned with the corporate strategy of growth and creation of shareholder value.

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