Why are so many lawyers interested in making the jump to business? One obvious reason: money.
Look at the list of lawyers who made this year’s Forbes 400. Of the almost 40 lawyers / holders of law degrees who made the cut, only one, Joe Jamail, is a practicing attorney. And he’s all the way down at #269, with a net worth of just $1.5 billion. Poor Joe!
If you’re a partner at a major law firm in a big city, you might someday own a $3 million apartment. But if you want a $30 million apartment, you need to move into business.
A $30 million-plus apartment, in the Trump World Tower. That’s what lawyer turned businessman Dominick D’Alleva, a 1977 graduate of Yale Law School and a former Simpson Thacher associate, has placed on the market.
It’s the weekend, when people like to attend open houses for fun real-estate voyeurism. So let’s take a take a look at D’Alleva’s digs….