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Amanda Gold is a partner in the Executive Compensation and Benefits Department at Cravath. In the Season 7 premiere of On Tax, she and fellow Cravath partner and host Len Teti talk about beginning her legal career in Arizona and how she became interested in her current tax-adjacent practice. Amanda also discusses her decision to move to New York and join Cravath. Hosted on Acast. See acast.com/privacy for more information.
Jon Katz is a partner in the Executive Compensation and Benefits Department at Cravath who started his career as a tax associate at the Firm. In the Season 6 premiere of On Tax, he and fellow Cravath partner and host Len Teti talk about working together as associates on large transactions. Jon also discusses the unexpected conversation that led him to join the Firm's Executive Compensation and Benefits Department, and the advice he offers law students. Hosted on Acast. See acast.com/privacy for more information.
Jelena McWilliams, Former FDIC Chair & Cravath Swaine & Moore Partner, says regional banks must manage risk. Daleep Singh, PGIM Fixed Income Chief Global Economist, says congress is as polarized as its ever been. David Lebovitz, JPMorgan Asset Management Global Market Strategist, says the recent growth data and US jobs report don't suggest a recession. Subadra Rajappa, Societe Generale Head of US Rates Strategy, sees yields remaining range-bound. Adam Tooze, Columbia University Professor of History, sees a bifurcation of the US economy. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.
Deborah Farone has had the unique opportunity to play a role in developing the best practices in law firm marketing by working with the most respected and demanding professionals in the world. Her advisory practice focuses on helping professional service firms and individual lawyers in the US and abroad with their marketing strategy and department creation. She is known for business development training and development and strategic planning, as well as speaking at law firm partner retreats and workshops on related topics. Deborah is the author of the best-selling legal marketing book, “Best Practices: Marketing and Business Development for Law Firms” (PLI 2019), a work based on more than 60 interviews with successful law firm leaders and marketers, general counsel, and innovators in the profession. Over the past two decades, Ms. Farone has carved out a niche by distinguishing herself as the chief marketing officer of two of the United States' most prestigious law firms, Cravath Swaine & Moore LLP and Debevoise & Plimpton LLP. Prior to diving into the legal marketing profession, she honed her business development and communications skills by working at the global management consulting firm Towers Perrin, now Willis Towers Watson, In her early days, she worked both in the new business department and as an account executive at Ketchum Communications, where she represented a large publicly-owned, technology-based toy company based in South San Francisco. Ms. Farone has been involved in the academic arena. She recently spoke at University of Pennsylvania's Carey Law School, Cornell Law School, and Fordham Law School, and she has served as an adjunct Assistant Professor on the faculty of New York University. While at NYU, she developed and taught several courses, including “Effective Marketing and Public Relations for Professional Service Companies” and “Marketing and Public Relations for Law Firms,” the first course of its kind offered by a major university to ensure that law firms were creating operational business development departments. ---------------------------------------- This show is sponsored by Leopard Solutions Legal Intelligence Suite of products, Firmscape, and Leopard BI. Push ahead of the pack with the power of Leopard. For a free demo, visit this link: https://www.leopardsolutions.com/index.php/request-a-demo/ Links: https://www.linkedin.com/in/deborahfarone/ Order Deborah's book Best Practices in Law Firm Business Development and Marketing here: https://deborahfarone.com/best-practices/ For other resources and articles from Deborah, click here: https://linktr.ee/DeborahFarone
Jennifer Graff is a partner in the Corporate Department at Cravath who started her career as a tax associate at the Firm. In the Season 5 premiere of On Tax, she and fellow Cravath partner and host Len Teti talk about working together as associates and how her interest in investing led her to shift focus to investment management and funds. She also discusses how her tax background prepared her for her current practice, and her experience rejoining the Firm as a partner. Hosted on Acast. See acast.com/privacy for more information.
Steve Gordon served as Head or Co-Head of Cravath's Tax Department from 2000 through 2020. In this episode of On Tax, he talks to host and fellow Cravath partner Len Teti about the many different paths people take into tax law, how his interest in transactional work led him to the tax practice at Cravath—where high‑profile M&A and other corporate transactions are a cornerstone—and the collaborative, trusting culture he worked to cultivate in his years leading the Firm's Tax Department. (This episode of On Tax was originally published on April 13, 2021.) Hosted on Acast. See acast.com/privacy for more information.
Sharonmoyee Goswami is a Partner at Cravath, Swaine & Moore LLP in New York City. Sharonmoyee's practice focuses on intellectual property, antitrust and litigation involving complex scientific issues.She is a graduate of Princeton University (2009) and New York University School of Law (2012, Order of the Coif., magna cum laude). Sharonmoyee clerked for the Honorable Timothy B. Dyk on the Federal Circuit Court of Appeals in Washington, D.C.Connect with Sharonmoyee on LinkedIn. Find us online at https://www.personaljxpod.comFollow us on Twitter @PersonalJxPodPersonal Jurisdiction is powered and distributed with Simplecast. Our logos were designed by Lizzie L. O'Connor.Personal Jurisdiction is edited by Scott Donnell at Run and Drum Media https://www.runanddrummedia.comOur Theme Song is Pleasant Porridge by Kevin MacLeod.Link: https://incompetech.filmmusic.io/song/7614-pleasant-porridgeLicense: https://filmmusic.io/standard-license
Heather Benjamin is a partner in the Trusts and Estates Department at Cravath who joined the Firm as a corporate associate and completed banking and capital markets rotations before moving to her current practice. In the Season 4 premiere of On Tax, she talks to fellow Cravath partner and host Len Teti about why she decided to transition to trusts and estates and how she enjoys the combination of technical tax elements and complex interpersonal dynamics in the work she does now. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Mike Schler is a retired partner at Cravath. He joined the Firm's Tax Department in 1974, was elected a partner in 1982 and retired as a partner in 2014. In the Season 3 premiere of On Tax, Mike talks to Cravath partner and host Len Teti about his nearly five decades at the Firm, from his first assignment to the guidance he offers associates today. Mike also discusses his longstanding interest in tax policy and the work that made him a titan of the New York State Bar Association's Tax Section. See acast.com/privacy for privacy and opt-out information.
Eric Hilfers serves as Head of the Executive Compensation and Benefits Department at Cravath. In the Season 2 premiere of On Tax, he talks to fellow Cravath partner and host Len Teti about starting at the Firm as a corporate associate, the professional interests that later drew him to the Tax Department, and how his hybrid skillset enabled him to help pioneer the Firm's then newly created Executive Compensation and Benefits practice in the mid-2000s. See acast.com/privacy for privacy and opt-out information.
Lauren Angelilli is the Head of the Tax Department at Cravath, and Ting Chen is the Firm's Corporate Hiring Partner. In this special recruiting episode of On Tax, Lauren and Ting talk to fellow Cravath partner Len Teti about their own experiences coming to the Firm, what law students can expect during their call back interviews, and the types of meaningful work that associates take part in when they come to Cravath. See acast.com/privacy for privacy and opt-out information.
Kiran Sheffrin is a senior attorney in Cravath's Tax Department. In this episode of On Tax, she talks to Cravath partner and colleague Len Teti about how she has always wanted to be a lawyer; the opportunities she pursued while a student at Brooklyn Law School; and how she has embraced her role as a mentor, guiding junior associates much in the same way that she was brought up at the Firm. See acast.com/privacy for privacy and opt-out information.
Steve Gordon served as Head or Co-Head of Cravath's Tax Department from 2000 through 2020. In this episode of On Tax, he talks to host and fellow Cravath partner Len Teti about the many different paths people take into tax law, how his interest in transactional work led him to the tax practice at Cravath—where high-profile M&A and other corporate transactions are a cornerstone—and the collaborative, trusting culture he worked to cultivate in his years leading the Firm's Tax Department. Learn more about On Tax at cravath.com/podcast. See acast.com/privacy for privacy and opt-out information.
David Hornik is a General Partner at August Capital where he invests in consumer and enterprise software and services. He has worked closely with startups for the last 20 years. Prior to joining August, David was a litigator at Cravath Swaine & Moore, and corporate and licensing attorney at Venture Law Group and Perkins Coie. David is the author of the first venture capital blog, VentureBlog, and the first venture capital podcast, VentureCast. He is the founder and producer of The Lobby conferences, a series of events that gather the thought leaders in consumer and enterprise technology. David holds an AB in Computer Music from Stanford, an M.Phil in Criminology from Cambridge University, and a JD from Harvard Law School. David teaches entrepreneurship and venture capital at Harvard Law School and at Stanford Business School. Along with sitting on the boards of numerous technology startups, David also sits on the board of GLAAD.
Phil is a graduate of Stevens Institute of Technology with a Bachelor of Science in Physics. He has a Master of Science in Applied Physics from Harvard University and a Law Degree from Columbia University. He is a member of the New Jersey and New York Bar Associations.He had a long tenure as Mergers and Acquisitions and Regulatory Compliance Counsel for Johnson and Johnson, where he serves on various Boards for J&J affiliates. He also produced online compliance courses which were viewed over 1 million times.His successes include an investment in a company - BrightFlag (https://brightflag.com/) - that analyzes outside counsel bills for corporate law departments.Phil began his career as a scientist, went on to serve as a Mergers and Acquisitions Attorney with the Wall Street law firms of White & Case and Cravath Swaine & Moore. Although he was trained as a scientist, he was steered toward the law by the MMPI personality test and his love of people.Phil is a huge advocate for lawyers serving clients on the same side of the table as their clients and helping them “think through their decisions."He recites and lives by the 1943 Johnson and Johnson credo, which can be found here: https://www.jnj.com/credo/He has served his alma mater Stevens Institute of Technology for over 25 years as Alumni Association President and Trustee. He has received numerous awards from Stevens including the Outstanding Contribution Award at the 2019 Stevens Awards Gala. The presentation and acceptance of the award can be found here: https://www.youtube.com/watch?v=ktugmrkxg6I You can find Phil online at www.crowleylawllc.com. There are numerous informative videos on his website. I encourage you to take a look.
In this episode…Professor Allen Rostron, the Associate Dean of Students, William R. Jacques Constitutional Law Scholar and Professor of Law at the University of Missouri - Kansas City School of Law, explains the First Amendment as it relates to freedom of speech and provides an outstanding analytical framework for those challenged with answering a free speech question on an exam or the bar.Some key takeaways are... 1. Speech is both verbal and non-verbal communication and includes images, instrumental musical communication or even tattoos. 2. The Government can regulate speech in certain instances.3. The government may always regulate obscenity. 4. In order to understand whether the government can regulate non-verbal speech one must look at intent and understanding5. The government can regulate Commercial speech, student speech and spending limits in limited instances. About our guest… Professor Allen Rostron teaches and writes in the areas of constitutional law, tort law, products liability, and conflict of laws.Before becoming a teacher, Rostron worked in Washington, D.C. as a Senior Staff Attorney at the Brady Center to Prevent Gun Violence, where he was part of a nationwide litigation effort that included lawsuits brought against gun manufacturers by several dozen major cities and counties. Rostron began his career working as a law clerk for Judge Thomas S. Ellis III of the U.S. District Court for the Eastern District of Virginia, and then as a litigation associate at the Cravath Swaine & Moore law firm in New York City.Professor Rostron’s research and writing has had a significant impact on several areas of law. The Supreme Court of Wisconsin relied on one of his articles in a decision in which it became the first court in the nation to impose proportional or “market share” liability on manufacturers of lead paint. In another article, Professor Rostron suggested a new approach to regulation of high-powered sniper rifles, and that approach was subsequently enacted into law in the District of Columbia and incorporated into proposed federal legislation introduced in the U.S. Senate. As always, if you have any suggestions for an episode topic, please let us know! You can email us at leslie@lawtofact.com or tweet to @lawtofact. Don’t forget to follow us on Twitter and Instagram (@lawtofact) and to like us on FaceBook! And finally, your ratings and reviews matter! Please leave us a review on iTunes. Want to stay updated on all things Law to Fact? Join our mailing list by visiting us at www.lawtofact.com. If you're currently in law school, interested in attending law school, or simply want to learn more about law school or the legal field, subscribe to Law to Fact. This episode is sponsored by Kaplan Bar Review. Getting ready for the bar exam means you’ll need to choose the study program that’s right for you. Kaplan Bar Review will get you ready to take on test day with confidence by offering $100 off live and on-demand Bar Review with offer code Leslie100. Visit kaplanbarreview.com today to sign up.
This week, I invited my friend and business colleague, the former U.S. Ambassador to Belgium, Howard Gutman, into the studio to talk about what every CEO needs to know about the world right now. I know I say this a lot, but it’s really true this time around: We covered a lot of ground in this conversation. Howard provides his perspective on what to pay attention to with regard to Brexit, energy policy, climate change, trade, the globalized economy, and the 2020 presidential election. Ambassador Gutman also provides advice on how to manage business perception, create opportunities from regulatory changes, and even shares some helpful thoughts on how to fill board seats to be more innovative. Howard’s resume is, well, extraordinary. He is a Harvard educated lawyer, who clerked for the U.S. Court of Appeals for the Fifth Circuit. He worked for Cravath Swaine, left its employment to clerk for Supreme Court Justice Potter Stewart, then worked for the celebrated Washington D.C. powerhouse litigation firm, Williams & Connolly, which is where Howard and I became friends, as he counselled Bergeson & Campbell. Howard went on to become Special Assistant to FBI Director Bill Webster, and then rejoined Williams & Connolly. Throughout his legal career, politics was always part of Howard’s DNA. Howard has worked with Al Gore, Bill Clinton, and Barack Obama, who named Howard U.S. Ambassador to Belgium in 2009, a post he served until 2013. Howard is also an actor -- he is a card carrying member of the Screen Actors Guild and has appeared in the HBO series K Street, Tim Robbins’ Film Noise, and the 2009 film Fame. Howard’s consulting firm, The Gutman Group, focuses on a broad array of cross-border investment, market access, venture capital, and international relations issues. ALL MATERIALS IN THIS PODCAST ARE PROVIDED SOLELY FOR INFORMATIONAL AND ENTERTAINMENT PURPOSES. THE MATERIALS ARE NOT INTENDED TO CONSTITUTE LEGAL ADVICE OR THE PROVISION OF LEGAL SERVICES. ALL LEGAL QUESTIONS SHOULD BE ANSWERED DIRECTLY BY A LICENSED ATTORNEY PRACTICING IN THE APPLICABLE AREA OF LAW.
In this week's episode we travel to the Big Apple to meet with Richard Hall, a partner in the corporate team at Cravath Swaine & Moore LLP. With offices in New York and London, Cravath was voted the nation's most prestigious law firm. If you are interested in working in a large firm and have an interest in transactional work, in a prestigious jurisdiction like New York, this will be an episode of interest to you.
What are the obligations of a Board member regarding the FCPA? Are the obligations of the Compliance Committee under the FCPA at odds with a director’s “prudent discharge of duties to shareholders”? Do the words prudent discharge even appear anywhere in the FCPA? In webinar, entitled “Reporting to the Board on Your Compliance Program: New Guidance and Good Practices”, Rebecca Walker and Jeffery Kaplan, explored these and other issues. As to the specific role of ‘Best Practices’ in the area of general compliance and ethics, Walker looked to Delaware corporate law for guidance. She cited to the case of Stone v. Ritter for the proposition that “a duty to attempt in good faith to assure that a corporate information and reporting system, which the board concludes is adequate exists.” From the case of In re Walt Disney Company Derivative Litigation, she drew the principle that directors should follow the best practices in the area of ethics and compliance. In a recent Compliance Week article, Melissa Aguilar examined the duties of Board members regarding FCPA compliance. The conclusions of several of the FCPA experts that Ms. Aguilar interviewed for the article were that companies which have not yet had any FCPA issues rise up to the Board level are usually the ones which are the most at risk. Albert Vondra, a partner with PricewaterhouseCoopers stated that such companies “don’t have the incentive to spend the resources or take the rigorous approach to their anti-compliance programs. Their attitude is, ‘We’ve got it covered,’ but they don’t”. Richard Cassin, managing partner of Cassin Law, stated that there must be written records demonstrating that the audit committee and that the board members asked questions and received answers regarding FCPA compliance issues. Such documentation demonstrates the Board members have “fulfilled their fiduciary obligations,” Cassin says. Board failure to head this warning can lead to serious consequences. David Stuart, a senior attorney with Cravath Swaine & Moore, noted that FCPA compliance issues can lead to personal liability for directors, as both the Securities and Exchange Commission (SEC) and DOJ have been “very vocal about their interest in identifying the highest-level individuals within the organization who are responsible for the tone, culture, or weak internal controls that may contribute to, or at least fail to prevent, bribery and corruption”. He added that based upon the SEC’s enforcement action against two senior executives at Nature’s Sunshine, “Under certain circumstances, I could see the SEC invoking the same provisions against audit committee members—for instance, for failing to oversee implementation of a compliance program to mitigate risk of bribery”. According to Haynes and Boone in its publication, “Corporate Governance and the Role of the Board” a board’s role is not to actually manage the company, but instead to oversee and monitor the management of the company. In the realm of compliance, this means the Chief Compliance Officer. The board has the responsibility to fulfill the role of strategic and business advisor to management of the company. In addition, the board has the role of monitoring the performance of the compliance function, including monitoring the performance of it using customary economic metrics, and by overseeing compliance with applicable laws and regulations. While the board is not responsible for auditing or ferreting out compliance problems, it is responsible for determining that the company has an appropriate system of internal controls. The board should also monitor company policies and practices that address compliance and matters affecting the public perception and reputation of the company. Every company should ensure that it conducts appropriate compliance training for employees and conducts regular compliance assessments. Finally, the board must take appropriate action if and when it becomes aware of a material problem that it believes management is not properly handling. Alas, there is no reference to prudent discharge in the FCPA itself. However, if I were a remaining member of the Board of China Northeast Petroleum, I might well think more than twice about my prudent discharge of duties to the shareholders as both the DOJ and SEC now might well wish to look into this matter under a Board’s prudent discharge of duties under the FCPA. Three Key Takeaways What is ‘prudent discharge’? What is your process for doing compliance at the Board level? A Board must have active rather than passive engagement around compliance. For more information, check out my book Doing Compliance: Design, Create and Implement an Effective Anti-Corruption Compliance Program, which is available by clicking here. Learn more about your ad choices. Visit megaphone.fm/adchoices
Maybe you've watched "Old Jews Telling Jokes" on YouTube. But have you heard Morgan Stanley M&A head Rob Kindler and his brother, stand-up comedian Andy Kindler, telling jokes about old Jews? Yes, the Kindler brothers are this week's Deal of the Week guests. You can even rate their jokes (listen until the end!). Rob is one of the world's renowned M&A bankers after spending 20 years as a corporate lawyer at Cravath Swaine & Moore. Andy is one of the world's funniest people. He delivers a hilarious annual keynote speech on the state of the comedy world at Montreal's "Just for Laughs" festival. How did their parents produce these two people, whose professions aren't exactly similar? And for M&A diehards, Rob gives a prediction on if we'll see any more megadeals in 2016. They chat with host Alex Sherman.