Rich People

As The People's Therapist, Will Meyerhofer's door is always open. He doesn't turn away poor clients. “Pay whatever you can afford,” he tells them. Naturally, they get what they pay for. Just kidding. But let's be real -- are things any different with the the high-fidelity first-class traveling set than they are with folks flying “comfort class”?

For some holders of the Juris Doctor degree, "J.D." has depressing meanings: Just Debt, Job Disabled, Justifiably Depressed. But for others, "J.D." stands for something happier: Just Dollars. Lots and lots and lots of them. The 2011 Forbes 400 list has been issued -- and it contains a number of lawyers and law school graduates....

And now is the time on Above the Law where Elie gets to say “I told you so.” About five months ago, I mentioned on this site that making $250,000 a year does not make you rich. People got angry with me for saying that. In the comments and around the internet. Apparently stating an […]

Late last night, Congress passed a compromise tax bill that will, among other things, cap the estate tax at 35% (with a $5 million exemption). If not for this compromise, the estate tax would have returned in 2011, at rates as high as 55 percent (with a $1 million exemption). Hallelujah. Anytime you can save […]

If you’re going to generate million-dollar fees, you’re going to need million-dollar clients. And in New York, the self-proclaimed center of the universe, America’s millionaires come to live and mingle. So says the Metro Wealth Index, which has completed its annual report on high-net worth individuals: New York City continued to top the Index and […]