From the NY Times DealBook:
"Investment bankers may be worried about layoffs, but it looks like an awful lot of lawyers stand to benefit from the subprime mortgage meltdown. Isn’t that always the way?
A study released Wednesday by , found that nearly as many subprime-related federal lawsuits were filed in the first quarter of 2008 as in the last six months of 2007: 170 in the three months ending March 31, compared with 181 in the six months ending Dec. 31. Those numbers may well understate the total, because they do not include claims filed in state courts. "
A study released Wednesday by , found that nearly as many subprime-related federal lawsuits were filed in the first quarter of 2008 as in the last six months of 2007: 170 in the three months ending March 31, compared with 181 in the six months ending Dec. 31. Those numbers may well understate the total, because they do not include claims filed in state courts. "
You can read the study from Navigant consulting here. Hat tip to The Posse List for finding this before me. If you are an attorney anywhere in America, and not signed up with The Posse List, you are missing out on so much valuble information about jobs and the legal market. Besides its free.
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