IMHO, it's high time to stop paying lawyers, accountants, notary publics (in Germany) and similar professions in percentages.
There is no way a bunch of lawyers deserves that kind of payout.
There is no way a bunch of lawyers deserves that kind of payout.
You don't get what you deserve, you get what you negotiate.
...unless you're Musk who negotiated a deal with the company he leads only to have a few shysters insisting the deal is off while claiming 10% of the negotiated deal for themselves.
The board of Tesla did agree with the terms and conditions, probably because they thought the conditions would not be met.
In Germany, the issue is with real estate - about 1% of the price go to notary fees, which is many thousands of euros for most purchases. No matter what, this is outrageous.
How much she got is the same number, whether you measure it in dollars, euros, or pounds: 0.00
Of course, the comment might have been obvious trolling.
// people who took years out of earnings to learn a new skill //
Here in Indiana, you have to have a Master's degree to be a teacher. Average wage is around $50k. Or you could get a B.S. in communications an and make 2-3x that doing P.R.
Or you could just drop out of high school to become a "creator" at only fans and make zillions a year taking pictures of your toes.
If you want a system which rewards years of learning new skills, this one ain't it.
* My wife was a teacher, my parents were teachers, my aunts and uncles were teachers, my grandparents were teachers, my kids are in school and I deal with their teachers. I’m sympathetic to the profession, and have also watched how those steering the ship head right for the iceberg while telling everyone warming them that they aren’t educators so they couldn’t possibly understand. I’m fine letting them lie in the bed they’ve made while getting paid a zillion times more being an IC at a company on one has ever heard of.
Well, I wouldn't go that far (cf. my example above on the pay differential between the oldest profession and the second-oldest profession) But it does at least set prices in a way which both buyer and seller agree on.
// they aren't educators, etc //
You have a way to let teachers make substantially larger wages? Let's hear it:-)
You know how I know that? Because they aren’t already doing that.
How many families could afford the salary of even one teacher?
It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.
- Franklin D. Roosevelt
The idea that minimum wage was never a living wage and never meant to be is a rewriting of history.