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November 21, 2005
And in a world where SOME college presidents make a million dollars . . .
And in a world where SOME college presidents make a million dollars I suppose there had to be lawyers (2 are quoted in the story) who specialize in university president contracts. Is that a branch of entertainment law?
And in the D.C. law office where Raymond D. Cotton specializes in university presidents' contracts, calls have been coming in from across the country, from school presidents and boards of trustees seeking advice. Their message, Cotton said: "Review our situation. Tell us what we have to do so we don't become another AU."Read the article here, from the Washington Post. They're doing such a good job with this kind of thing because of the American University debacle (including a $3.7 million parting gift, if you haven't been keeping up).
Posted by CrankyProfessor at November 21, 2005 6:56 AM