Do successful parents confer career advantage? Treasury lawyer is among next-generation achievers

At least 14 high achievers with successful parents hold top posts in business, law, executive search and government—and Jim Millstein is among them. Millstein, a lawyer, was chief restructuring officer at the U.S. Treasury, the Wall Street Journal (sub. req.) reports. Millstein’s father is Ira Millstein, a senior partner at Weil, Gotshal & Manges. "I have had access to the best legal and...