Chapter 3159 Society is a huge food chain

All the board members of Ellis Law Firm had already been waiting in the law firm's senior conference room.

They also knew that Jimmy had established connections with the Rothschild family, so they did not dare to be negligent. Those who often came to New York and those who did not often come all came early to wait.

This feeling is very much like a third-rate family in a feudal kingdom, which originally had no connection with the royal family, but suddenly had a beautiful daughter who was made a concubine by the emperor.

It was as if the entire family finally had someone who could be heard by the emperor, and everyone was looking forward to her being able to perform a "Legend of Zhen Huan" in the palace, upgrading her status from a concubine to becoming the queen, so that the entire family would prosper.

Even Ellis had the same idea.

Appeasing Jimmy was just one of his goals. In his opinion, appeasing Jimmy was not a problem. The key was how to make Jimmy make greater contributions to Ellis Law Firm after appeasing him.

When the two men arrived in Manhattan and met with all the board members in the conference room, the entire conference room burst into thunderous applause. Everyone looked at Jimmy with admiring eyes, and the meaning was very clear: from today on, you are the hope of the whole village.

Jimmy looked at these directors who were usually high and mighty, and now were fawning on him in every way, and his heart was filled with emotion. This was the influence of the Rothschild family in the United States, which was enough to make the so-called elite class bow down.

After thunderous applause, Nate Ellis said proudly, "I invited everyone here today to announce my decision in front of everyone. That is to formally nominate Mr. Jimmy Smith as a member of the board of directors of our Ellis Law Firm. The current 11 board members are all on the list, so we will vote on this by raising our hands. Please raise your hands if you agree with my nomination."

As soon as he finished speaking, the other 10 directors raised their right hands without hesitation. One of them even said impatiently, "Chairman, an employee as dedicative as Jimmy should be recruited to the board of directors as soon as possible. In addition, our option agreement has been prepared long ago, so let Jimmy sign it as soon as possible."

Knight nodded, took out the contract, and said to Jimmy, "Look, Jimmy, this is the option agreement we prepared. After research and decision by the board of directors, you will be granted 3 stock options, which is approximately 5% of the company's total shares. These options will be redeemed over a period of 5 years. As long as you work here for 10 years, you can hold these options forever. In addition, as long as you sign this agreement, you will have the right to dividends on stock options. With our current annual antique dividend of about million US dollars, we can get an additional to million US dollars in option dividends each year."

Jimmy didn't look at the contract, but said very seriously: "We can talk about the contract later. What I want to see now is the dirt on all the senior partners of Ellis. Give me all the dirt you have, and we can continue to talk. Otherwise, let's just prepare the termination agreement."

Everyone looked at each other in bewilderment for a moment, but Knight was the first to break the awkwardness and said with a smile, "This is easy. Since Jimmy will soon become a member of the board of directors, these secrets should be shared with him."

After that, he took out an Apple laptop from his briefcase, turned it on, and said to Jimmy, "Since you are one of us, I might as well tell you about our operation mode. We provide a large number of internship opportunities to the top law graduates in the United States every year, in order to select talents with potential from them to absorb into our law firm. When talents come in, we will conduct internal rating. Those with excellent potential are S-level, followed by A-level, B-level, C-level and D-level. The admission range is selected between the two levels of S-level and A-level;"

"It usually takes five to ten years for a lawyer to accumulate experience. If he performs well, we will give him a promotion and a raise. If he performs very well, we will include him in the partnership plan;"

"As you know, the Partner Program is a salary and option incentive program. Once you enter the Partner Program, you will become a quasi-partner. We will give you a higher salary and certain options. These options will be gradually redeemed and exercised over five to ten years to keep you in Ellis and create greater surplus value for us."

Jimmy stretched out his hand to interrupt him: "These are all old news. I mainly want to know how the dirty work is done and what dirty work you have on them."

"Okay..." Knight said awkwardly, "Once a partner makes outstanding contributions and is promoted to senior partner, we need to make preparations for the future. Senior partners are very capable and have their own customer base. Their appetite will become bigger and bigger. They will ask for a higher ratio of options and even ask to join the board of directors. However, our options are also limited. A company's shares are at most 100%. Everyone wants a share, but in the end, the share is less and less. This will cause a group of senior partners to be dissatisfied. So before they become dissatisfied, we will create a series of opportunities for them to make mistakes;"

"The goal of our law firm is to make every senior partner make mistakes and leave evidence of their mistakes. It's like buying a remote-controlled bomb on them. Whether it explodes or not, and when it explodes, is entirely up to the board of directors."

Knight brainwashed Jimmy again, "Jimmy, don't read too much into this kind of thing. You will be a member of the board of directors in the future, and you will know that those senior partners outside are actually tools for us to make money. Only when they do their jobs well and create more profits and value for the law firm can we sit back and relax and get a lot of cash every year. In other words, those people are our cattle and horses, and we must tie them up with the best chains to prevent them from escaping."

Jimmy nodded and said, "I understand what you said. What I want to see now is the specific dirt on these people."

Knight said, "Don't worry, I will pass all the information to you now, but Jimmy, you must keep this information 100% confidential and don't let those people outside know about it. Otherwise, if they want to fight to the death with us, it will be a huge loss for us."

As he spoke, Knight sent some documents to Jimmy one after another.

After reading these materials, Jimmy's face became even uglier.

Those senior partners who were similar to him on weekdays had actually been induced in various ways over the past few years, leaving behind a large amount of evidence of illegal activities. Almost every person's dirty laundry was enough to send him to jail and sentence him to more than five years. Moreover, once these dirty laundry were exposed, they would not only face imprisonment, but would also permanently lose their qualifications to continue to be lawyers.

After reading the materials, Jimmy said to Knight, "I am very grateful that you are willing to let me join the board of directors, but I personally feel that if it is only 10 stock options, it is still much lower than I expected."

Jimmy added, "Besides, you underestimated my loyalty. You only prepared a five-year contract for me, but I hope to work for Ellis for another ten years!"

Jimmy now thinks very clearly. Originally, Ye Chen did not give him a penny and asked him to go to China to help, which was equivalent to cutting off all his income. He and his family would have to live off their savings. But later, Ye Chen made an opening for himself. He asked Steve to endorse him to ensure that the Ellis Law Firm would continue to pay him a salary in the next ten years, and also kept a 30% share for himself.

In other words, if he wanted to earn more money in the next 10 years, he had to make Ellis' salary base as large as possible, and the larger the better.

It was precisely because of this that he deliberately expressed the idea of ​​continuing to work for Ellis for another ten years. Anyway, he could not escape from going to China for ten years, and legally speaking, he was sent by Ellis and his salary was also paid by Ellis. This meant that he and Ellis would still be in an employment relationship for the next ten years, so he might as well take this opportunity to use him as a bargaining chip.

This time when he went to China, he finally saw clearly that this society is a huge food chain. Even someone like Steve Rothschild is treated as food by Ye Chen, let alone a small person like himself.

So, Ye Chen treated himself as food, and he treated Nate Ellis as food.

When Knight heard Jimmy's statement, he felt mixed emotions.

The good news is that keeping Jimmy should not be a problem. After all, Jimmy is willing to sign a ten-year contract with the company. In this way, he will not offend Steve Rothschild.

What worried him was that Jimmy was not satisfied with the five or six million in option dividends each year, which meant that he would have to bleed further.

After thinking for a moment, he said, "Jimmy, how about this, if you are willing to sign a 10-year agreement with the group, I can increase your options to 15 shares."

Jimmy waved his hand and said, "If it doubles from 5 to 10 years, then you have to at least double it for me, options, and the base salary has to double. If you have no problem with it, you can sign the contract now and I'll sign it on the spot. If you have any questions, then there's no need to talk about it anymore, just let me resign and I'm leaving!"

When Knight heard this, he felt extremely depressed.

Doubling the options means that Jimmy will have to receive at least 10 million US dollars every year. If the base salary doubles again, an additional expenditure of at least 2 million will be required. In this way, the amount of money that will be distributed to Jimmy every year will be more than 20 million!

Jimmy was also calculating his future income. He thought to himself, "If I calculate based on the annual dividend of 200 million US dollars, 200,000 stock options should be able to get 12 million US dollars. Double the base salary is 4 million US dollars. Add to that the option dividends I received as a senior partner, and after deducting the performance commission, it will be about 18 million US dollars."

"Of the 18 million U.S. dollars, Ye Chen took 70%, and I got 30%. There are still more than 5 million U.S. dollars left, which is enough for the daily expenses of my family."

Thinking of this, he suddenly realized something: "No! If I take ten senior partners away from Ellis, then the core backbone of Ellis will be drained away. It will be a problem whether it can still make a profit next year. Where will there be money for dividends? In that case, won't there only be a base salary of 4 million US dollars? At that time, the annual income will only be 1.2 million!"