The Current Financial Crisis, the Wall Street Law Firms and Contract Attorney Work

Quite a number of Posse List members have asked us for a site that discusses the current financial crisis vis-a-vis the Wall Street law firms that many of us rely on for work.   A very good site (continually

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The Federal Reserve Bailout of AIG

From: D & O Diary, September 17, 2008 In a statement issued on Tuesday evening, the Federal Reserve announced that it had authorized a loan of up to $85 billion to American International Group. This

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Financial Forensics/Legal Forensics/Digital Forensics — Jobs for Contract Attorneys and Those with Finance/Forensics Backgrounds

We have a large (and growing) number of law firms, accounting firms and corporations subscribed to The Posse List.  As a result of increasing insolvency, financial fraud and other related litigation,

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The Turmoil in the Financial Markets

For those of you interested in reading some background material on the subprime mortgage crisis, the shocks to the financial markets, etc. we have attached two pdfs that we thought would be helpful. 

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E-Discovery Resulting from Subprime Litigation and the Liquidity crisis: Lehman, Merrill, AIG et al ……

As stated by Mary Mack of Discovery Resources “The subprime crisis is really just beginning to take shape and is going to spawn a wave of litigation, much of which will turn on evidence uncovered during

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FTI Consulting Takes it Up a Notch, and the Trend Continues …

FTI Consulting, the business advisory firm that owns Ringtail and Attenex among other document management software, said Wednesday it planned to hold an initial public offering of its technology unit,

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The Auction-Rate Securities Market Litigation

There has been quite a bit of media coverage these last months on the auction-rate-securities market (ARS) and the ensuing litigation.  It has generated, and will generate, a fair amount of document reviews. 

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USPTO Stirs Talk Of Pros and Cons of Outsourcing

From: Law360, July 30, 2008 Companies that outsource their U.S. patent application drafting should keep U.S. export laws in mind, the USPTO said in a notice published in the Federal Register last week,

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Indians Making Inroads into U.S. Legal System

From: NDTV.com, July 17, 2008 Apart from the BPO and KPO sectors, which already have bases in western Rajasthan, it’s the turn of the Legal Process Outsourcing sector to head for the desert state.

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Want legal services for $25 a hour? Think India.

From: India New England, July 16, 2008 At law firms in the United States, the billing rate for basic legal services like document review starts around $200 an hour and can appreciate significantly if the

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