Monday, June 2, 2008
Wednesday, May 28, 2008
Bored Contract Attorney writes blog...little less bored now
The Subprime Storm is coming
The SEC last year formed an internal task force to investigate various areas of the subprime mortgage market including sales practices, accounting, the role of credit rating firms and securitization of packaged mortgages.
Many market participants, including credit rating agencies, Wall Street firms and mortgage brokers and lenders, have been criticized for fueling the U.S. housing market, perhaps without disclosing certain risks.
The SEC, which aims to maintain market confidence, is focused on proper disclosure and potential fraudulent activities to investors.
"I think we'll have a few subprime-related cases relatively soon ... within weeks," one source said.
It's another GabesGuide.com Unscientific-Scientific Poll: Today's Topic, Outsourcing.
You have 4 days to send Sarah Sellers to college
It's GabesGuide.com 2nd Monthsary!
Outsourcing: This is why my Lazy Sunday Links should stop being so lazy
Off Topic: What a historic decision!
Because America stinks at lending money, India is the hottest place on earth to practice law, well American law at least
Tuesday, May 27, 2008
So what country will be outsourced to next, once India becomes the most vibrant economy in the world
In the past three years, the legal outsourcing industry here has grown about 60 percent annually. According to a report by research firm ValueNotes, the industry will employ about 24,000 people and earn revenue of $640 million by 2010. Indian workers who once helped with legal transcription now offer services that include research, litigation support, document discovery and review, drafting of contracts and patent writing. The industry offers an attractive career path for many of the 300,000 Indians who enroll in law schools every year. [Link]"
You have 5 days to send Sarah Sellers to college
Outsourcing Company still trying to discern difference between DC, Chicago
On behalf of and in Asst. to CEO.
UK Lawyers scurriliously read through new white paper, still looking for protagonist, plot.
Slightly Off Topic: Winston & Strawn to now just go by the name "Win"
It’s part of a new branding trend for law firms — to go by only one name.
Monday, May 26, 2008
You have 6 Days left to send Sarah Sellers to College
Reason #11 Why DC Rules: Rolling Thunder
In honor of Memorial Day:
"Rolling Thunder Inc., established in 1987, is a veterans advocacy organization that works for the return of prisoners of war and missing in action from all of the conflicts of the United States. The organization does not require that its members be veterans;[1] and estimates that 40% to 45% of its members are non-veterans.[2]
Because many group members ride motorcycles and many group events are motorcycle-oriented, Rolling Thunder is sometimes referred to as a motorcycle club or "biker group." However, riding or owning a motorcycle is not a requirement, and the group's primary focus is on veterans' advocacy.
The President of the organization is Artie Muller. Muller has worked closely with exiled Prince Nguyen Phuc Buu Chanh of Vietnam with the stated goal of helping to bring closure to the U.S. families of unaccounted-for MIAs and POWs from the Vietnam War.
Rolling Thunder is noted for its annual gathering of members and supporters at the Pentagon in Arlington, Virginia every Memorial Day weekend."
The video below is entitled Rolling Thunder Ride to the Wall. I like it. Watch it when you get a chance.
Featured Review Tool: Kroll OnTrack
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Breaking News: Lawyers to benefit from misdeeds of corporate executives, public officials
Here is a small but rather interesting article concerning white collar crime from Crain's Detroit Business:
"Criminal defense lawyers, even those representing white-collar defendants, once were mostly trial specialists and usually practiced solo or in small firms.
Their reputations earned them major clients and cases, often referred from large firms that wanted to keep the stigma of criminal litigation away from their business clients.
But times have changed.
Stakes are higher as federal investigations increasingly target companies and top corporate officials. And such cases generate major revenue."
Sunday, May 25, 2008
Lazy Sunday Links: I say YahGooHoogle, you say MicroHoogle, would you just make a decision?
- The MicroHoogle drama still is playing out. Reuters give a recap.
- World’s richest man says banks are to blame for this whole sub prime thing.
- Small Bethesda sues US government and legal outsourcing vendor trying to protect this little known detail in the world of legal ethics called “client confidentiality.”
- Off topic: Don’t forget to vote for Sarah Sellers, your next West Virginia Idol. And if you want to know more about Sarah Sellers, click here.