September 2, 2020
I recently had an “OMG. Are you kidding me?!?!” moment when I came across NYT reporter John Eligon’s article on a law firm breakup, “For the Lords of Divorce, A Breakup.” The principals of Sheresky, Aronson, Mayefsky & Sloan were no babes in the woods, wet behind the ears, green, unsophisticated, inexperienced, naive [insert synonym of your choice for “shoulda known better”] innocents. They were lawyers. They were divorce lawyers (who have more experience than other lawyers in the “no promise lasts forever” department). They were divorce lawyers who had handled hot, high-profile, and/or bitter breakups of celebrities and muckety-mucks (and, as a firm, was highly regarded as a boutique matrimonial practice). They had no written partnership agreement. Are ya kidding me? The senior partner, Sherefsky, filed a $26 million lawsuit in New York Supreme Court, alleging breach of contract and fraud. Being senior, he expected to have some form of retirement buyout, or transition program, and believed he had worked that out with his partners. The other partners claim that he received his just due…
Continue ReadingI was having lunch the other day with Sam. His business is bursting at the seams—a problem you think he’d be thrilled to have—yet, he’s losing his mind. “So much of my day is spent…
Read MoreI’ve seen this joke in many guises. There’s the information technology specialist and the businessman; the politician and the scientist. Here’s one for lawyer and client (and, yeah, they were all written as “he”). Enjoy! “Business…
Read MoreListen to the Episode Below: How much of your business is in your head? If you’re not in the picture (even for extended vacation), can your employees–or a new owner–easily pick up where you leave off? …
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