Let’s take a look at the Carnegie Hill neighborhood of the Upper East Side, where a Cravath partner recently sold his ultra-luxurious residence — for a whopping $4.6 million. Interestingly enough, the buyer is a lawyer as well, in-house counsel at a major media company. Who are the parties to this transaction? And what does a $4.6 million apartment look like?
Many real estate lawyers are also real estate investors. It makes perfect sense: they know the market, they know the intricacies of complex transactions, and they see a lot of deals in the course of their practice. For example, Jonathan Mechanic, the renowned real estate lawyer who heads the practice at Fried Frank, owns retail […]
I became a lawyer without really understanding that the job cuts time off of your life. My work hours are long, I can’t see my family or friends, and I am constantly at the mercy of the partner or the client. On top of everything, at one point, I was paying 7% on my law school loans. […]