Warren Buffett, The Super Rich And What Motivates Law Firms And Lawyers

Developing the Next Generation of Rainmakers Warren Buffett, the Super Rich and What Motivates Law Firms and Lawyers You are likely wondering what Warren Buffett and the super rich have to do with you? I promise to connect the dots. Think about what motivates you to do something. Did you read Warren Buffett’s Op Ed piece Stop Coddling the Super Rich in the August 15 New York Times? After reading it, I had two thoughts: After having those thoughts, I searched for the website Gifts to the United States Government and found a Forbes piece written by Daniel J. Mitchell: Warren Buffett’s Fiscal Innumeracy and a Cato Institute article, (published by CNN) by Jeffrey A. Miron  Why Warren Buffett Is Wrong. I also consulted a tax lawyer who reminded me Judge Learned Hand once said in an opinion:  â€œAnyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes.” I guess many super rich people who want to pay more taxes do not voluntarily do so because they know others who are super rich are taking Judge Hand’s advice. I also learned, but did not watch, that Charlie Rose flew to Omaha to interview Buffett. My purpose here is not to praise or find fault with Warren Buffett’s op ed, or Judge Hand’s dictum. Put simply, I want to explore whether law firms and lawyers voluntarily do certain things, or are they only motivated when they are forced to do it. After consulting with some friends, here is my list for us to explore: What motivates your firm and what motivates you to do things you know will benefit your clients, your firm and your career?   I practiced law for 37 years developing a national construction law practice representing some of the top highway and transportation construction contractors in the US.