Morgan Stanley Squeezes Brokers on Compensation. Useful incentive or Recipe for Disaster?

  • Posted by Admin
  • On December 14, 2016
By Phil Ciano, Partner Last week, Morgan Stanley announced broad pay cuts for its brokers, unless, according to the Wall Street Journal, the brokers “boost the fees and commissions they collect from retail investors.” According to the Journal, starting in January, 2017, Morgan Stanley is raising the bar for broker compensation “to incentivize [the brokers] […]
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Alternative Legal Fees

  • Posted by Admin
  • On February 15, 2016
Alternative Legal Fees Three years ago, the Wall Street Journal wrote: “leading attorneys in the U.S. are asking as much as $1,250/hour, significantly more than in previous years.” Fast forward to 2016. On February 9, 2016, the Wall Street Journal reported that legal fees crossed the $1,500/hour barrier. According to the Wall Street Journal: “Partners […]
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