Michael Hagele Puts His Client First

Michael Hagele has worked for various technology companies during his career as a third party counsel. With his experience in negotiating, he has helped the aerospace and technology industries in closing deals and making decisions. When a company needs someone to assist them with IP rights, sales, purchases or just need some advice on a particular subject, Hagele is there to help.

Michael Hagele graduated from the University of California, Berkeley in 1997 and began a career as general counsel for venture capital backed internet companies. His responsibilities at these companies consisted of dealing with legal problems such as employment issues, and merger and acquisition procedure.

Now, the days of Hagele primarily consist of handling problems that technology clients have brought to his attention. Usually these problems are related to IP related legal counsel. After he has the problem figured out, he provides the legal documents required such as technology licensing agreements. Hagele says that everydayhe takes a break from the office to go for a bike ride. He says that during this time is when he is most creative, this is when he comes up with his solutions. When he makes it back to the office he will have a new point of view on the issue and sometimes have the perfect solution to the problem at hand. Michael Hagele ends his days by making phone calls to overseas investment partners.

Michael Hagele says that by making use of social media and always putting your customers first, you can make great progress in becoming a successful businessman and entrepreneur. He says it is very easy to overuse social media, but if you use it effectively, you are able to have conversations with people regarding your product and services. Social media helps the businessman put the customer first. As a lawyer, the livelihood of your clients depends on you, so you should always do the best job possible.

Learn more: https://www.whitepages.com/name/Michael-Hagele

Jeremy Goldstein On Knockout Options

According to Jeremy Goldstein, stock options are on the way out, but there’s an alternative that may be a better choice. It’s become common for corporations to choose not to offer stock options to their employees. The reason given is often to save money, but the underlying reason for the trend are market volatility.

 

When stock prices go down, employees lose the ability to exercise the options, but they stay on the books and continue to incur accounting costs. This has made employees less than enthusiastic about stock options. At the end of the day, it may be more cost effective to pay employees a higher salary than carry the costs of options that are underwater.

 

These problems have begun to make stock options less attractive to employees in recent years, but this doesn’t mean they should be abandoned. Stock options add an incentive to the employee to work for the betterment of the company. When the company succeeds and its stock price rises, the employee is rewarded by stock options. This encourages employees to work hard to satisfy their customers.

 

Another advantage to stock options is that they are not subject to the same IRS rules that apply when stock is given to employees as compensation. The employer can end up with a greater tax burden if they do this, as opposed to stock options, which don’t count as actual ownership of stock.

 

Jeremy Goldstein’s solution avoids these problems and keeps the advantages to stock options. It’s called a knockout option. By adding a clause to stock options that causes them to expire if the stock price drops too far or for too long, the cost of keeping useless options on the books is eliminated. It also retains the incentive for employees to work towards the company’s success. Learn more: http://officialjeremygoldstein.com/philanthropy/

 

Jeremy Goldstein is a partner at the boutique law firm bearing his name, Jeremy L. Goldstein & Associates LLC. The firm consults with corporate compensation committees, CEOs, and executives to resolve sensitive situations and transformative events. He has worked with clients involved in large corporate transactions, such as United Technologies’ acquisition of Goodrich. Jeremy Goldstein is also chair of the Mergers & Acquisition Subcommittee of the Executive Compensation Committee of the American Bar Association Business Section.