Last week the Rolling Stones reissued an album that was recorded while I was swimming in my mother's belly on my way to Kansas City and the life I've known.
Read More »When bankruptcy is not the best option
Bankruptcy can be expensive, often too expensive. The cost of a Chapter 11 reorganization proceeding for a small company, one with $10 million in annual revenue for example, is nearly as much as a larger company with 10 times the amount of revenue. Many companies facing financial difficulties these days simply cannot afford a bankruptcy reorganization, and they end up liquidating - either in a Chapter 7 bankruptcy or by turning over the keys to the secured lender.
Read More »Put a lesbian on Supreme Court even if Kagan isn’t
Rumors to the contrary notwithstanding, it now seems that Elena Kagan is straight. So say longtime friends, including that notorious hetero, ex-Gov. Eliot Spitzer, who knows a heterosexual woman when he sees one.
Read More »Vote set on whether justice is for sale
Is justice for sale in Missouri? It now appears that we will have a chance to vote on that question in November.
Read More »Not-so-limited role and exposure of local counsel
A lawyer from a different state asks you to serve as local counsel in a transaction or litigated matter. He just wants you to file recording instruments or pleadings with the court. He wants to structure the transaction or run the litigation, negotiate the terms or conduct the discovery, and, above all, maintain all the client contact. After a conflict check, you agree.
Read More »Go short on successful prosecution of Wall Street
There is a sense out there that what Wall Street did to the rest of America is downright criminal. Financial wizards created a multitrillion dollar, unregulated market of derivatives that few Americans knew about much less understood. Wall Street raked ...
Read More »Does your law firm have a language gap?
Lawyers have a language all their own, and sometimes its purpose seems to be to obscure meaning rather than to facilitate it; however, other disciplines that work in law firm staff positions also have their professional jargon that may or ...
Read More »Seeking redemption after a ruling goes awry
Disappointment is something lawyers get used to. Not that living with it constantly is anything we must face, but being disappointed by a ruling of the court here and there is the nature of the beast. Or the “Number of ...
Read More »Develop relationships, develop business
One of the most important business development tools in the legal industry is the development of professional relationships.
Read More »Open wide and say, ‘DNA’: A Fourth Amendment concern
Imagine a federal agent reaching into your mouth and taking a swab of your DNA for a national data bank. It’s a search, and an intrusive one at that, carried out without a warrant or probable cause, for the sole ...
Read More »How older workers can find new jobs
Many signs point to a turnaround for the economy. The stock market is advancing and the employment numbers appear to be improving slowly. “But what about opportunities for older workers?” people often ask me. “Are they finding jobs too?” The ...
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