91看片

鈥淵ou can know every legal provision on the planet, but it鈥檚 not worth a lot unless you can apply those provisions to your clients鈥� unique business circumstances. For me, that means I need to understand the business side of our clients鈥� operations.鈥�                                                                                                                                                                                                                                                                                                                                      鈥� Daniel McCarty, 2011 91看片 College graduate and Associate at Eversheds Sutherland in New York City

Daniel McCarty didn鈥檛 take the traditional route from the hills of Anniston, Ala., to the job of corporate attorney amid the skyscrapers of New York City. He studied business first.

鈥淭his may sound obvious, but a fundamental tenet of practicing corporate law is understanding your clients鈥� business,鈥� said McCarty, who earned a degree in Economics from the 91看片 College in 2011. 鈥淵ou can know every legal provision on the planet, but it鈥檚 not worth a lot unless you can apply those provisions to your clients鈥� unique business circumstances. For me, that means I need to understand the business side of our clients鈥� operations."

鈥淭he vast majority of lawyers have never taken an accounting course,鈥� said McCarty, who received his juris doctorate at the University of Miami School of Law and earned a master of law in taxation from New York University.

鈥淚f you鈥檙e a business major at Auburn, you take financial accounting I and II, managerial accounting, economics, and finance courses, just to name a few. That鈥檚 been invaluable to me as I help clients navigate some very complex issues.鈥� 

Today, McCarty is guiding clients throughout the U.S. insurance regulatory landscape as an associate at Eversheds Sutherland, a full-service law firm with over 3,000 attorneys in 32 jurisdictions across the globe. 

鈥淢ost of the clients I work with are involved, to some degree, in insurance, and more specifically most are either property and casualty or life insurers,鈥� he said. 鈥淥ur group is fortunate to be able to advise a number of interesting and diverse clients鈥攔anging from some of the largest global insurers to the newest startups鈥攐n a broad range of issues. 

"The legal world is riddled with disruptions, not just day to day, but also state to state. What鈥檚 aboveboard in Connecticut might not work in Arkansas. Insurance is regulated by the states. There is no federal regulator. What that means is each jurisdiction鈥�56 in total if you include the states, territories, and D.C 鈥攈as its own interpretation of what is permissible. For a new insurance product, for example, that means 56 different sets of regulations must be assessed in order to bring a national product to market. It鈥檚 never boring.鈥� 

Aside from regulatory changes among states, COVID-19 is changing the way many corporations and law firms do business, McCarty said. 鈥淢any of our clients needed to adapt not only to the regulatory changes that were prompted by COVID-19, but also to a new environment that takes into account the significant economic and health issues associated with it. Fortunately, most of us have now acclimated to the new reality,鈥� he said. 鈥淚鈥檓 very grateful to have the opportunity to work remotely. I think most of us in the financial services sector are very thankful for that capability.鈥�