Jeremy Goldstein: A Man of Great Heights

Jeremy Goldstein gives legal advice to valuable companies around the nation, particularly, those involving employee benefits. Goldstein has over 15 years of experience in employee benefits and as a corporate lawyer. In fact, he has even established his own law firm in New York, after working for a large-scale corporate law firm. Goldstein’s advice is crucial for companies. One of his explanations on “knockouts” option has gained traction and exemplifies his greatness in the industry.

 

Many companies have stopped giving employees the stock option within their organization. Some of them merely wanted to save money, others, however, did so for complicated reasons. Jeremy Goldstein explains there are three main hurdles: stock value could drop, employees become skeptical of the process, and there are huge accounting and other financial strains. If the stock value drops, then there is not a reason to have the option in the first place. Moreover, employees are fully aware of the economic downturn and that it can potentially make the option worthless. With the company itself, there are accounting practices, which require large operating expenses — all factors not worth risking.

 

Despite the fact, stock options can provide to be valuable. They can motivate the employee to work achieve greater output or give them a “prize” if the company succeeds. The question then becomes: is there an effective measure to solve this issue? Jeremy Goldstein’s solution is “knockouts” options. Goldstein states that “knockout” option could provide all the benefits of the stock option without its threats. With “knockout,” if the stock price falls below a certain limit, then employees are no longer guaranteed their share of the option — causing stockholders to worry less and achieve more.

 

These types of solutions have shaped Jeremy Goldstein into one of the best business coaches in the industry. He has managed large transactions with companies such as Chevron, Duke Energy, and Verizon, thus proving he is more than capable of making a company “great.” Learn more: https://www.facebook.com/pages/Jeremy-L-Goldstein-Associates-LLC/411406302333227