lawyers
Two Yale professors have proposed an interesting solution to the nation's oversupply of lawyers. Have law schools offer tuition refunds to first year students if they quit. The National Association of Law Schools, not surprisingly, rejected the idea.
You need an attorney, but are spooked by the notion that you may have to pay hundreds of dollars an hour for something relatively simple, such as a will. That's the dilemma that has led to Shpoonkle, a site where lawyers bid for your business.
WalletPop talked to the owner of Shpoonkle, Robert...
How Signing 'Standard' Agreements Can Bankrupt Your Small Business
10:00AM 3/10/2011
Those "standard" agreements big businesses like to impose on small clients are one-sided deals intended to protect their interests while reducing or eliminating your legal rights altogether. Before you sign on the dotted line, consider this cautionary example.
Lawyers' Carelessness Was Key to the Mortgage Mess
10:20AM 2/01/2011
Columns, Economy, Investing, JP Morgan Chase, Bank of America, Real Estate, Credit
As multiple lawsuits and SEC actions progress in relation to the nation's mortgage mess, it's becoming clear that the misbehaviors of the lawyers involved at all stages were not isolated incidents: The misconduct was systemic, and it's time to start holding those lawyers accountable.
Why a New York Judge Is Throwing Out Foreclosure Cases
1:45PM 1/12/2011
On Oct. 20, New York courts ordered attorneys for foreclosing banks to swear they'd personally confirmed that their documents are true and accurate. But a Brooklyn judge has taken things a step further. Since the banks aren't complying, he has started throwing out foreclosure cases.
N.Y. Court: You Still Can't Sue Accountants, Lawyers for Clients' Fraud
11:00AM 10/22/2010
New York's highest court just gave a big gift to accountants, lawyers, and any other outside professional in a position to detect fraud at one of their corporate clients: The court ruled that shareholders still can't sue them for failing to detect the fraud.
The "robo-signers" at banks who signed thousands of foreclosure-related documents were essentially lying under oath. But perhaps even worse were the lawyers involved: They're the ones who should have known better and put an end to the practice -- but didn't.
The National Pork Board sent a cease and desist letter to a web site that's marketing unicorn meat as 'the new white meat' - a slogan similar to the industry's own. The NPB has made it clear it has some legal prowess, but does it have a sense of humor?
The Wall Street Journal reports that the Securities and Exchange Commission's top cop, Robert Khuzami, not only has 11 years of experience as a prosecutor but he has seven years as an investment banking lawyer.
While playing the slots at Fortune Valley Casino in Colorado, Louise Chavez thought she had won close to $43 million. But the casino said no, claiming the slot machine she used was broken. Does Chavez have a shot at getting her winnings back? Las Vegas lawyers are doubtful.
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