2/21/2024 0 Comments Sandra model bonus setsIt is an exceedingly rewarding but hard job that requires time and tenacity. The profession is not right for everyone one. And there's more focus that you can pursue career and family. How do you assess the pace of change for women in the last 30 years ? There are a lot more programs and discussion about making sure that women know that they can succeed. And if an opponent underestimated me, I thought that was great because I made sure they paid for it! You've succeeded phenomenally, but that's not true for women overall. But did people underestimate me? Absolutely. I never thought men didn't want me to succeed. Did you ever experience sexism in your own career? I didn't experience bias on a global level. There's obviously been progress since your mother's time. When I graduated from NYU, I didn't feel like a pariah the way my mother did. The school held a private ceremony for her, but it was a male student who gave the graduation speech. 1 from Brooklyn Law School, but it was not acceptable at the time for a woman to be in that position. If she was able to do it, I could, too, because she had it much harder. She was always there, and I never wanted for attention. There was never a time in my childhood when I wished she was present. My mother was committed to her career and her three children. I've talked to a number of women partners who credit having a working mother for their careers. She's in her late 80s, and she is still working at the appellate division as a judicial hearing officer. She was a trial lawyer for 22 years with my dad, then became judge of New York Supreme Court, and then elevated to the appellate division. I had a spectacular role model in my mom. By any measure-for men or women-you've been extremely successful. Let's talk about how you got where you are. Did you jump ship for the money? I did not decide to leave Cravath after 30 years for monetary reasons. I have to ask about that fat elephant in the room-that fat compensation package you reportedly are getting at Kirkland. It's not changing but expanding my practice. ![]() There's greater breath of practice here, like private equity. I'll still be doing securities litigation and commercial litigation. I've already been introduced to new clients. ![]() There's an extraordinary culture of collaboration at Kirkland. Did you find that a culture shock? Culture is a big word. They strike me as polar opposites-Cravath is traditional and lockstep, while Kirkland has a reputation of being the Wild West where partners eat what they kill. I was at Cravath for 30 years and I have friends there, but this was a choice to go to firm with an even greater platform. Why did you leave it for Kirkland? Kirkland has energetic, business-minded people and an enormously diverse practice. You went there right out of NYU Law School in 1987, and you were the youngest associate to make partner (at age 30). So who is Goldstein? How did she do it? And what advice does she have for other women? Below is an edited version of my chat with Goldstein at Kirkland's midtown office in Manhattan. (According to The New York Times, which broke the story about her compensation, the amount "is an estimate and not technically a guarantee," though two people involved in discussions with her confirmed the amount.) Any way you look at it, Goldstein is making buckets of moolah-particularly at a time when women still lag behind men at most firms. Though it's hard to say if she's officially the highest paid female partner in Big Law, I'm willing to bet she's way up there. That describes Sandra Goldstein, who recently vaulted to Kirkland & Ellis from Cravath. But when that move comes with reports that she'll be making $11 million annually for the next five years (not counting the sign-up bonus), the news is a showstopper. And even bigger news when the partner is a woman. (Courtesy photo) It's big news when a partner leaves the hallowed halls of Cravath, Swaine & Moore.
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