Careers
Lawyer Quits Covington, Makes $12K a Speech
Tax law partner Andrew Friedman quit Covington & Burling two years ago after spending 28 years at the law firm, but he isn’t hurting financially in his new occupation.
Friedman is paid up to $12,000 a day, along with expenses, to give speeches explaining how laws and regulations affect investments, the Washington Post reports. The Value Added column by Thomas Heath calculates that Friedman made about $2 million giving more than 200 speeches last year.
Friedman had “a good gig” at Covington, the story says, where he was “the go-to tax lawyer for the sports industry.”
He told the Post that “my two choices were to sit at my desk and do the same thing for the next 15 years. Or I could go out and do something different.”
