"You gotta know the territory!!"
---- Meredith Willson's The Music Man
Our executive employment law and compensation practice serves senior executives in a variety of both for-profit and not-for-profit settings, including finance,... Read More
Deferred Compensation for College and University Presidents: Old and New Planning Techniques
As executive employment attorneys dealing with compensation issues for university and college presidents, we were aware of the pressures on presidential compensation even before the global pandemic. These pressures come from below and above.
From below, the faculty is critical that the... Read More
Important Considerations for the First Contract of College and University Presidents and Provosts
As executive employment attorneys, in addition to our representation of executives in finance, industry and media, one of our concentrations is the negotiation of contracts for university and college presidents, provosts and senior deans in charge of major academic departments.
Some of... Read More
Some Differences Between First-Time and Renewal Contracts for College and University Presidents (Part 2)
Renewal Contracts for the President: A Different Focus
By contrast, when a college or university president’s contract is up for renewal, the situation is different and a different... Read More
Some Differences Between First-Time and Renewal Contracts for College and University Presidents (Part 1)
As executive compensation attorneys, we represent college and university presidents in their contract negotiations. As I have written at length elsewhere, for a prospective president to “do it yourself” or to be represented... Read More
What College Presidents Must Do Before the Axe Falls: Part 2
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
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
College and University Presidents: Worth Every Penny
In response to the question George Birnbaum posed in his recent article, “Executive Compensation for College and University Presidents: Are They Really Overpaid?,” I would like to add my resounding no, and direct your attention to further support for our... Read More