Law-firm Loans Show Cracks

In the race to open offices throughout the globe and lure rainmakers to their ranks, some law firms took on debt they expected to have no trouble paying—a once-safe bet that is now backfiring for some. An industry that has historically been perceived as a low credit risk, attractive to banks, is starting to see cracks in that facade.

Topics:  cracks   
ASK NEWS:
  • Get That Life: How I Became a Writer on "Sex and the City" and an ... - Cosmopolitan
    I was paying off student loans for the ... I worked the graveyard shift at a law firm doing word processing. ... King, the genius behind the ...
    03/2/2015 - 7:05 am | View Link
  • Former St. Jude’s CEO authorized restricted funds ‘loans’ for ... - Las Vegas Review Journal
    DOCUMENTS SHOW MOVE Documents from St. Jude’s ... The board responded to the mis­management allegations by hiring a law firm to investigate.
    02/28/2015 - 2:05 pm | View Link
  • Tougher rules coming for debt collectors - Yahoo! Finance
    The phony law firm managed to rake in $3.5 million in supposed payday loans that it either did not own or ... when the consumer fails to show up
    02/25/2015 - 4:17 am | View Link
  • Preliminary Fourth Quarter and Financial Year 2014 Results - Reuters
    Preliminary Fourth Quarter and Financial Year 2014 Results - San Jose Mercury News
    02/24/2015 - 8:04 am | View Link
  • Real talk: Here’s what 22-year-olds need to know about their ... - Fortune
    ... position," says Meg, a first-year associate at a law firm in Chicago ... never been easier to show employers ... Sure, you have loans to pay ...
    02/21/2015 - 8:54 am | View Link
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BING NEWS:
  • Law firm looks to close amid theft claims
    In the midst of these malpractice lawsuits and estate claims, court records show the firm’s insurance carrier is considering revoking its coverage, and a local credit union is seeking more than $334,000 in restitution for two business loans the firm took ...
    02/12/2015 - 11:46 am | View Link
  • Waterloo law firm appears set to close amid claims of theft
    In the midst of these malpractice lawsuits and estate claims, court records show the firm's insurance carrier is considering revoking its coverage, and a local credit union is seeking more than $334,000 in restitution for two business loans the firm took ...
    02/12/2015 - 7:53 am | View Link
  • Debt Collectors Continue To Push the Limits of the Law Says Pioneer Law Firm
    As credit card companies, medical providers, utility companies, and other creditors write down billions of dollars in uncollected loans, the debt is sold to ... Complaints to the CFPB show many consumers aren't aware they have a medical debt until they ...
    05/28/2014 - 9:00 pm | View Link
  • 150-year-old law firm collapses into administration (From The Advertiser Series)
    Accounts filed with Companies House show Swinburne & Jackson owed £674,866 to creditors, and £125,365 in loans and debts to members. It is the latest traditional law firm to fall victim to increased competition in the sector which is threatening scores ...
    02/5/2014 - 10:03 pm | View Link
  • New law firm invests in technology instead of support staff
    “We’ve all taken out personal loans that would make most people queasy, but we have a group of attorneys who think this is the way to go,” Leavitt said. Other law firms have wrested with the issue, but the top 25 in town still show hefty numbers of staf
    01/6/2014 - 5:26 am | View Link
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BING SEARCH:
  • Oak View Law Group
    Registered California law firm with a team of attorneys for debt settlement and bankruptcy solutions.
    03/2/2015 - 5:52 am | View Website
  • An Overview of Home Equity Loans in Texas
    An Overview of Home Equity Loans in Texas Introduction. Home equity loans are a particular form of home mortgage which enable a homeowner to convert the equity in his ...
    03/1/2015 - 6:39 pm | View Website
  • How much does a partner in a law firm earn ...
    How much does a partner in a law firm earn? Employment, Jobseeking & Training
    03/1/2015 - 5:35 pm | View Website
  • Distressed Debt & Secondary Loan Trading: Kieselstein Law Firm
    Two decades of distressed loan market experience. Practicing full-time in this area since the late 1980’s has given us a deeper understanding of the most effective ...
    03/1/2015 - 3:19 pm | View Website
  • Law Firm Website
    Bankruptcy and Foreclosure Defense Attorney located in Miami, Florida.
    02/28/2015 - 1:40 pm | View Website
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