For Points #1-3, please see Part I of this article
4. Don’t try to do it yourself.
Board members sometimes blindside presidents, deans and other academic executives by asking to discuss a termination package before anything has been put... Read More
What College Presidents Must Do Before the Axe Falls: Part 1
Why presidents and other seasoned executives can benefit from seasoned counsel
The higher education press has been filled recently with stories about abrupt firings of presidents and other senior executives at universities and colleges across the nation. What was once an... Read More
When To Keep Quiet So As Not To Jeopardize an Executive Employment Deal (Part II)
In addition to maintaining important legal protections, there are also significant practical considerations which should motivate all executive clients to keep quiet about the circumstances of their hiring or firing:
1. Telling co-workers, friends and non-spouse family members about the particulars... Read More
When To Keep Quiet So As Not To Jeopardize an Executive Employment Deal (Part 1)
Here are the essential reasons why every executive client -- both before as well as after they have retained an executive employment attorney -- should not be speaking or writing or emailing or connecting on social media, even to friends much less... Read More
Romantic Relationships in the Executive Workplace
A lengthy article in the Business section of The New York Times of February 11, 2018 recalled -- explicitly in response to the #MeToo movement -- all the turmoil and controversy when, in the early 1980’s, a young woman executive with a... Read More
The Value of an Indemnity
Achieving a senior executive position in any organization is a substantial accomplishment. With such a position ordinarily comes expanded responsibilities as well as meaningfully increased compensation. However, such jobs also bring the real possibility of greater personal liability. In what is frequently... Read More
Pay for Business CEO’s and Presidents of Colleges and Universities: Too Much or Not Enough?
Earlier last year, in anticipation of favorable legislation under a Republican administration, the consulting firm Korn Ferry (in an on-line Commentary dated June 11, 2017), in response to criticism that the gap between the compensation paid to... Read More
The Basics of Non-Disparagement Clauses
Up until several years ago, we consistently argued that including a so-called “non-disparagement” clause in an executive employment agreement or an executive’s separation and severance agreement was not only a potential breeding ground for further controversy between the parties, but was unnecessary... Read More
Adding Value: The Benefits of Representation Versus the Costs in Legal Fees
Contemporary consumers of legal services are highly cost-conscious.
As lawyers who concentrate on executive contracts and compensation, we constantly challenge ourselves to make certain that the benefits of legal representation justify the cost to our clients.
Did we add value? Is the... Read More
Benefits for Presidential Spouses
We recently were successful in obtaining a tangible and well-deserved reward for the spouse of a university president, a concept also applicable to potential CEO spousal benefits in commercial sectors such as finance and media as well as the academic sphere.
Any... Read More