Magazine - USC Gould School of Law - University of Southern ...
Magazine - USC Gould School of Law - University of Southern ...
Magazine - USC Gould School of Law - University of Southern ...
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12<br />
Feature <strong>Magazine</strong> Fall 2008<br />
The evolving legal complexities <strong>of</strong> the world <strong>of</strong> sports have kept<br />
Perzik busy for the last 30 years.<br />
“Each team has a few people who are referred to as ‘capologists.’<br />
I need to understand how the salary cap operates, what you can do<br />
and what you can’t do. When we get involved with player transactions<br />
you need to know what you can do before you sign a player to a longterm<br />
contract. You need to understand the impact <strong>of</strong> that contract on<br />
your general over-all salaries and what impact that is going to have in<br />
the future. When you’re planning a trade there are certain things you<br />
can and can’t do to make a trade work.”<br />
With his many years <strong>of</strong> insight and experience, Perzik is a soughtafter<br />
mentor by many <strong>USC</strong> <strong>Law</strong> students who hope to launch careers<br />
in sports law. He appreciates the value <strong>of</strong> his <strong>USC</strong> education (Perzik<br />
received his undergraduate degree at <strong>USC</strong> as well) and says he is<br />
impressed at how law school taught him to think.<br />
“I was a CPA – a pr<strong>of</strong>essional person – and I thought a certain<br />
way about matters,” he says. “At law school I started thinking about<br />
things differently. You don’t take things for granted. You don’t accept<br />
things that aren’t proven to you. You look at all aspects <strong>of</strong> a problem.<br />
Your mind wraps around an issue.<br />
“That’s why you find lawyers doing lots <strong>of</strong> other things. I spend<br />
at least half <strong>of</strong> my time in business affairs, not legal affairs. I had<br />
exposure to many things so my antennae were refined. When I see<br />
something new that I may not be familiar with, I know I should look<br />
into it and not just accept it.”<br />
When asked what advice he gives young lawyers bent on a career<br />
in law, Perzik chuckles. It’s a question he is asked constantly.<br />
“When you’re as old as I am you create lots <strong>of</strong> philosophies,” says<br />
Perzik. “My philosophy is to enjoy what you’re doing and the people<br />
you’re doing it with. Everything else takes care <strong>of</strong> itself.”<br />
“At law school I started<br />
thinking about things<br />
differently. You don’t<br />
accept things that<br />
aren’t proven to you.”<br />
— Jim Perzik