Rich People

The Richest Lawyers (or Law School Graduates) in America: Lawyers on the Forbes 400

Who are the richest lawyers (or law school graduates) in America? Let's look at the 40 or so who made the 2012 Forbes 400.

New Data on Law Firm Partner Compensation

How much are law firm partners earning these days? And are they happy about it? A new survey has some answers.

Quote of the Day: Or You Could Also Buy a Less Expensive Car

It's hard out here for a 1 percenter...

Lawsuit of the Day: Nightmare Vacation for Rich ‘Honkeys’

Don’t you just hate it when rude and inefficient airline administrators ruin your vacation by stranding you on the ski leg of your vacation in Aspen, causing you to almost miss your cruise leaving out of Florida? It’s so annoying to have to stay in a series of luxury hotels across the country because the […]

Can Somebody Break a Hundred for John Quinn?

John B. Quinn, managing partner of Quinn Emanuel, is one of our favorites here at Above the Law. We like people who have a personality. We also like people who are so rich they just don't give a f***. Quinn seems to have gotten to the point where he can legitimately start a Twitter account called "rich people problems." We have evidence of his tribulations from the Quinn Emanuel San Francisco firm reception....

The Other Half

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”?

Super-Rich Law School Graduates: Lawyers on the Forbes 400

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....

Super-Rich Law School Graduates: Lawyers on the Forbes 400

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....

How Much Money Do You Need To Feel Rich? Let’s Start With $7.5 Million.

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 […]

Estate Tax Compromise Could Save Thousands of Lives (of Millionaires)

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 […]

Opulence: New York City Has It.
(And what about other cities?)

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 […]