That's Rich -- but Maybe Not for Someone Else: Issue of Who's Really Wealthy Can Also Affect Political Debate
Who's rich? Who's middle class? How can you tell the difference? The two front-running Democratic presidential contenders, Sen. Barack Obama (Ill.) and Sen. Hillary Rodham Clinton (N.Y.), sparred over tax policy and quickly got entangled in the question of whether someone making more than $97,000 a year is middle class or upper class.
How to Ensure Relatives Don't Rip You Off - Case of Astor's Son Highlights Risks of Powers of Attorney
This article discusses the risks of naming relatives as agent in durable powers of attorney and ways to mitigate such risks.
Axiom: A Different Kind of Legal Practice?
New York-based Axiom targets graduates of top-tier law schools and refugees from top firms who may have grown tired of billing 2200 hours a year, but who don’t want to take a full-time in-house job or abandon legal practice entirely. Once hired, lawyers get sent out to clients, where they might spend anywhere from several days to several months or more working on legal projects. According to Mark Rotenstreich “I truly enjoy what I do every day, which is something that most law firm lawyers and many in-house lawyers would never say,” he told the FT. “Plus, I feel appreciated by clients in a way that I never felt when I was at a firm or in-house.”
Thacher Proffitt Warns of Imminent Layoffs
Thacher Proffitt joins other firms, such as Clifford Chance in laying off structured finance lawyers.
Are you CEO Material? Take the Test
Do you have what it takes?
Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.
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