Wall Street Journal Blogs
Master the Universe? First Master the Tax Code. For those young associates and law students out there interested in rising to the top ranks of an elite investment banks, we just want to say two words to you - just two words: tax law.
Phil Knight Goes Back to School. Nike founder and billionaire, Philip Knight, goes back to school to at Stanford, primarily taking classes on creative writing.
A MySpace for Millionaires. The online social-networking boom has joined the wealth boom to create a new industry: Web networks for the rich. The idea is simple. Wealth likes to be with wealth, and with the Web creating new tools for connecting, the rich can expand their social and business networks by creating gated communities online.
Is the Law-Firm Bonus System Economically Irrational? In his Sunday DealBook column, the NYT’s Andrew Sorkin delivers an indictment of the way Big Law pays its associates. Loyal Law Blog readers are hip to the lemming-esque way in which corporate law firms award bonuses. Last month Cravath announced its largesse, which ranges from $45,000 to $110,000 depending on seniority. And, as sure as night follows day, the usual suspects – Debevoise, Sullivan, Simpson, etc. – followed suit.
Business Week
What to Do When a Customer Complains. An attorney representing a New York City dry cleaner suing a customer for defamation offers advice on responding to client complaints.
Posted by Lewis J. Saret, General Editor, Wealth Strategies Journal.
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