Entrepreneurs, Lawyers

Anthony Petrello is the chief executive officer of a renowned corporation, Nabors Industries. In 2013, he made $68.2 million, an increase of 246 percent from what he generated in 2012. To this end, he ranked number one on AP and on the list of the country’s 50 top-paid chief executive officers as published by Equilar. However, his fate of defending this title was dependent on shareholders reaction.Shareholders felt that his perks and paycheck were too high. Notably, most shareholders did not approve the generous executive compensation plans passed by the board in 2011.

With intensive pressure from the shareholders, Nabors gave in and changed its corporate governance and compensation practice. These changes included splitting the functions of the CEO and chairman, limiting severance payment and allowing shareholders to elect any person to the board of directors provided he or she has at least 5 percent stake in the corporation.Tony is also the chairman of the company. Nabors engages in the lucrative oil business not as a producer, but as an oil-field service and contract driller. Over the years, the company has developed a voracious appetite for acquiring other companies. The entity has around 500 rigs in 25 nations. To this end, they believe that they have the largest land-based drilling rigs in the globe. Nabors has a high demand in the flourishing shale-fracking business.

Tony was appointed to Nabors’ board in 1991. Previously, he was working for a renowned law firm, Baker & McKenzie. Here, he zeroed in on taxation, international arbitration and general corporate law. Between 1986 and 1991, when he resigned, Petrello worked in the law firm’s New York office as a managing partner. He is an alumnus of the revered Harvard Law School where he earned his J.D. degree. In addition, the executive holds B.S. and M.S. degrees in Mathematics from the prestigious Yale University.Owing to his vast experience, Tony’s services have been enlisted by different companies.

He is a director of Hilcorp Energy Company and Stewart & Stevenson LLC. He is also affiliated with the Texas Children’s Hospital where he serves as a member of the board of trustees. Over the years, Petrello has been advocating for clinical programs and research to provide solutions to the problem of neurological disorders in children.

Lawyers

Karl Heideck
Karl Heideck

Defined as a person that “specializes in taking legal action against people and organizations”, a litigator is the attorney usually responsible for covering the most ground during a lawsuit. From beginning to end, the litigator is the attorney covering all aspects of the preparation for the case, not just the one to enter the courtroom and address the judge, jury and witnesses. This procedure is left to the trial attorney, though the two are not necessarily mutually exclusive, depending on the size of the firm.

Once an attorney accepts a client’s case, pleadings are filed with the appropriate court in regards to the client’s requests. The litigator then begins the arduous task of gathering every single detail pertinent to affecting the outcome in the client’s favor. Once the information is gathered and exchanged, pre-trial conferences and hearings commence and if possible a settlement is reached. If the settlement is not reached the case goes to a courtroom to be decided.

These attorneys must go through a rigorously demanding education curriculum before they can become licensed to practice law. While the exact requirements may vary by state, their education will always include at least the following: a four year undergraduate degree, three years at a law school, passing a bar exam for the state and in some states they will also have to pass an ethics exam.

For those in the Greater Philadelphia area your choice to contact first in matters regarding risk management and compliance practices needs to be Karl Heideck. Already practicing for nearly ten years, Karl Heideck is skilled in matters involving corporate and employment law, legal writing/research, product liability and commercial litigation. Karl Heideck’s name is one that’s already considered with respect in regards to litigation in the Philadelphia area. Competency and reliability are key when deciding on an attorney for your case and Karl Heideck is proving himself time and again to be the right choice for counsel.

Karl Heideck works as a contract attorney for Grant & Eisenhofer in Philadelphia by reviewing discovery materials for clients that focus on acquisitions, transactions, risk managements and liquidity positions.

Karl Heideck graduated with honors from the Temple University Beasley School of Law.

Follow Karl Heideck on LinkedIn.

Lawyers

Legal terms are all so confusing. People often question the differences between lawyers, attorneys, and litigators. Litigation seems to be a lesser-used term, but one of great importance nevertheless. So, what is litigation and who is a litigator?

Defining Litigation
Litigation involves providing assistance in prosecution and defense in civil lawsuits. Unlike a lawyer, a litigator helps the prosecutor or defendant in the entire course of a lawsuit including things to do with investigation, discovery, pleadings, pre-trial, trial, appeal, and settlement. Litigation is considered a subset of an attorney’s practice, but a litigator has just as much responsibility and power as a lawyer.

Much of a litigator’s work is conducted outside the court, but some litigators may appear in the court for certain phases of the case.

What Makes a Litigator?
It takes a smart mind to become a litigator, and how smart you are depends on your education background. You have to take the following education path to become a litigator.

Graduate with a bachelor’s degree
You need to graduate with an appropriate bachelor’s degree to get into law school. Commonly accepted majors include History, English, and Economics. You also need high grades to make the cut.

Sit for LSAT
LSAT stands for Law School Admission Test. This test evaluates your IQ, level of logical and analytical reasoning, as well as reading and comprehension skills.

Get a Juris Doctor Degree
Getting a Juris Doctor Degree poses the greatest challenge in one’s journey to becoming a litigator. It takes three years to complete the course, and it finishes with the dreaded Bar exams.

Karl Heideck: Examining a Litigator’s Life
Karl Heideck is an accomplished litigator with offices in the Greater Philadelphia Area. He began his path to the career while a student at Swarthmore College. He later studied at the Tempe University Beasley School of Law.

Heideck boasts of over ten years of experience as a litigator. His typical day involves attending court hearings and liaising with prosecutors and lawyers.

Business, Lawyers

Comparative law is a field of study that entails comparing two systems or more of the constitutions of different countries. It studies the legal systems that exist globally with intensive comparisons being undertaken. The significance of comparative law has grown due to forces such as globalization, democratization, and internationalism.

The comparative constitutional law helps scholars understand the working of a particular nation. For instance, when a scholar studies German basic law, they can have a better understanding of Germany. It is even more insightful when a scholar compares American Constitutionalism with German basic law. It grows their understanding of how both countries run.

However, one of the most significant reasons for undertaking comparative law is that it forces people to question the relevance of a particular constitution. For instance, through comparison, we can establish which country’s system seems to work best. The result is that it works as a great contributor to constitutional scholarship.

Even in the U.S., the use of the comparative law has become a subject of lively debate among Justices of the Supreme Court. It is quite different from past years where constitutional exclusivism held a firm grip over the nation. Although it may seem like there would be more harmonization among industrialized democracies, it is not the case. However, with the comparative law taking a firm grip in developed nations that is slowly changing.

About Sujit Choudhry

He is the founder and director of the Center for Constitutional Transitions. It is the first such center globally that mobilizes knowledge for the constitutional building. Dean Sujit Choudhry is recognized internationally for his expertise in the comparative constitutional development and constitutional law. He has written on constitutional design extensively. He believes it is an effective tool for countries transitioning from conflict to democracies. He also has published more than seventy articles, working papers, reports, and book chapters.

Dean Choudhry is also a member of many international bodies concerned with the constitutional law. He has worked as a consultant for the World Bank and as a foreign expert in constitution transition in Jordan, Libya, Tunisia, Egypt, Nepal, and Sri Lanka. Sujit Choudhry holds law degrees from Harvard and Oxford, Toronto. He has also served as a clerk for Chief Justice Antonio Lamer, of the Canadian Supreme Court.

Follow him on Twitter: https://twitter.com/sujit_choudhry

Lawyers

Labaton Sucharow are one of the most respected law forms in the U.S. with a ling history of innovation and successful representation for those within the financial industry; recently Labaton Sucharow branched out into a new area of law with the creation of a dedicated SEC whistleblower attorney team headed by financial law specialist Jordan A. Thomas. The first team of its kind to be created have proven to be an unqualified success over the course of their six year history and have recently announced they represented a whistleblower who received a large $17 million payout based on the information they provided in an unnamed case brought by the Securities and Exchange Commission.

As one of the authors of the Dodd-Frank Act that established the latest incarnation of the SEC whistleblower program Jordan A. Thomas brings a deep understanding of the law to the team, and has recently been explaining his own view on how this latest area of legal change in the financial industry could alter the way the SEC prosecutes cases in the future. Thomas announced the $17 million payout for the unnamed whistleblower before explaining his own feelings that news of such high financial rewards will encourage more individuals to bring information to the SEC and form the basis of almost every case prosecuted.

Thomas and his team at Labaton Sucharow work with each whistleblower from the early stages of their concerns being raised about financial irregularities to make sure the best possible outcome is reached. The complex nature of financial law means individuals may not know if their concerns are based in fact, which the whistleblower team can assist with in investigating evidence to make sure it matches the criteria laid down by the SEC.

There is much more to a case than simply to make sure each whistleblower gets the highest possible financial reward, but also the individual needs to have their rights protected under the regulations of the Securities and Exchange Commission. The latest rules provide whistleblowers with the right to privacy that should include the ability to maintain any employment without fear of victimization from an employer, which is one of the most important aspects of the regulations understood by Jordan A. Thomas.