Sentences with phrase «outside law firm income»

Dratel noted that outside law firm income is legal in New York, funding things such as cancer research is not a crime, and legislating on issues campaign donors are interested in — a small step removed from what Silver allegedly did — is standard operating procedure.

Not exact matches

Since the U.K. eliminated its tax on income earned outside the country several years ago, it's become increasingly popular for so - called corporate inversions, a controversial practice in which a foreign company buys a U.K. company, primarily to lower its tax bill, says Andrew Needham, a tax partner at law firm Cravath, Swaine & Moore, which specializes in private equity and hedge funds.

In a statement on Monday, Danks Burke criticized O'Mara for receiving outside income as a partner at the law firm Barclay Damon.

Reform advocates also want greater disclosure of lawmakers» outside income and more information on legislators» whose law firms have clients that do business with the state.

Mr. Silver, an attorney by trade, collected more than $ 6 million in outside income from two private law firms since 2002.

Heastie, an accountant by training, has not received outside income since becoming speaker; Flanagan resigned from his law firm when he took the leadership post.

Senate Independent Democratic Conference Leader Jeff Klein, meanwhile, is stepping away from his law firm and forgoing outside income from now on.

Mr. Silver collected more than $ 6 million in outside income from two private law firms since 2002, according to the complaint.

Assembly Speaker Sheldon Silver used his office to mask millions of dollars in «bribes and kickbacks» as legitimate outside income from two private law firms over more than a decade, according to a bombshell 35 - page criminal complaint filed by U.S. Attorney Preet Bharara today.

Several senators, including Skelos, earn hundreds of thousands of dollars a year in outside income from private law firms, and if the governor's ethics package is adopted, would have to disclose more details, including names of their clients.

Outside income from two law firms are what led to corruption charges against former Assembly Speaker Sheldon Silver.

Mr. Silver also stood out in financial disclosure reports that showed him to be one of the largest earners of outside income among New York State politicians, reporting that he had been paid hundreds of thousands of dollars a year by a law firm, Weitz & Luxenberg.

With a focus on rooting out corruption in Albany, IDC Leader Jeff Klein is giving up all of his outside income, divesting himself from his law firm, Klein, Calderoni & Santucci, where he is an equity partner.

Over in the Assembly, longtime Speaker Sheldon Silver faces a federal probe into his outside income from a small law firm.

The agreement would also require lawmakers to disclose details of their outside income, including the names of legal clients who they've referred to law firms for a fee.

What are the odds that the Moreland Commission was looking at his outside income at his law firm and his campaign expenses?

She ended up voting to convict him after seeing he had not disclosed outside income from the Manhattan law firm, Goldberg & Iryami.

They also may draw outside income, often through personal law firms.

Silver (D - Manhattan) whose income from the huge personal - injury law firm Weitz & Luxenberg has long been kept secret, will agree to disclose the names of his clients — except when an independent panel agrees there would be an unwarranted invasion of privacy — and the amount of his outside income within a «narrow income band,» a source close to Silver said.

Unlike his GOP colleague, IDC Leader Jeff Klein is all for a full ban on outside income — as he demonstrated by announcing this week he'll divest entirely from his private practice law firm.

Panepinto, who won with less than 50 percent of the vote in 2014, said during his announcement that his decision was both personal and professional, citing the cancer battle being fought by his law firm partner, a looming crackdown on lawmakers» outside income and some sort of sexual harassment probe involving his former chief of staff.

Klein also promised in 2015 to sever ties with his law firm but reported tens of thousands of dollars in outside income from legal work that year.

The indictment said that while Silver claimed the outside income was from clients at law firms, the speaker never represented any clients, but rather referred business to the two firms, collected referral fees and used his power as speaker to help a doctor and two developers get what they wanted from Albany.

Senate Independent Democratic Conference Leader Jeff Klein received at least $ 5,000 in outside income from teaching at Mercy College, and booked between $ 51,000 and $ 81,000 in various forms of income from his own law firm last year.

U.S. Attorney Preet Bharara has accused Mr. Silver of collecting referral fees as outside income from law firms with clients who have business with the state, and thus monetizing his powerful position.

Mr. Bharara has alleged that what Mr. Silver presented as legitimate outside income from law firms was actually millions of dollars of kickbacks and bribes gained through his official position in Albany.

In their cross hairs from the outset were the pots of money that had long spawned scandals in the Legislature: campaign donations and spending; the easy - to - abuse expense reimbursements known as per diem payments; and the outside income that some lawmakers earned in lucrative part - time jobs, often at law firms representing clients with business before the state.

Professional Experience CMG Worldwide Inc. (City, ST) 5/2008 — Present Finance Manager • Oversaw finances of intellectual property law firm generating $ 6 - $ 12 million in annual revenue • Hired, trained, supervised, and reviewed junior accounting associates and support staff • Authored and implemented corporate and departmental budgets • Analyzed expenses and recommended strategies to cut costs while increasing efficiency • Tracked and managed expenditures of approximately $ 100,000 per week • Verified accuracy of all expenses and revenues ensuring precise financial records • Prepared income statements, balance sheets, and monthly, quarterly, and yearly financial reports • Assisted senior leadership and outside personnel with the annual corporate audit • Operated and maintained the computerized accounting system and all hard files • Monitored and documented employee expense accounts, credit cards, and purchase orders • Managed general ledger and various credit, checking, stock, and other corporate accounts • Created monthly clientele reports detailing expenses and revenues from each account • Proficient in Microsoft Money, Quicken, QuickBooks, Tax Cut, Turbo Tax, and other software

«Mr. Silver collected more than $ 6 million in outside income from two private law firms since 2002, according to the complaint.