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:
  • Lawsuit Settlement News Reports Actos Drug Cases Trial and ... - Sacramento Bee
    Lawsuit Settlement News Reports Actos Drug Cases Trial and ... - BioPortfolio
    09/23/2014 - 5:23 am | View Link
  • Missing Qingdao Copper Spawns Web of Lawsuits - Wall Street Journal
    Missing Qingdao Copper Spawns Web of Lawsuits - Atlanta Journal And Constitution
    09/22/2014 - 2:32 pm | View Link
  • Shariah loans a hard sell in US as growth slows - Gulf Times
    ... in Islamic finance at New York-based law firm King & Spalding. ... and business Shariah-compliant loans. ... market is beginning to show ...
    09/19/2014 - 7:48 am | View Link
  • The Making of a Conservative Superstar - Atlantic Monthly
    ... as a conservative is to show up as ... but first, he had student loans to ... and Afghanistan intensifying, Cotton left the Washington law ...
    09/17/2014 - 8:09 am | View Link
  • Yuan Loan-Backed Bond Surge Prompts China Risk Warnings - Bloomberg
    ... than a year earlier, CBRC data show. Outstanding loans increased 13.4 ... partner and the head of Asia structured finance at law firm Dentons ...
    09/11/2014 - 7:22 am | View Link
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YAHOO NEWS:
  • Lawsuit Settlement News Reports Actos Drug Cases Trial and Settlement News Update
    NEW ORLEANS, Sept. 23, 2014 /PRNewswire/ -- MT Services LLC, a Lawsuit Settlement News Reporting Company which operates lawsuitsettlementnews.com, announced today a primary focus on assisting plaintiffs of the aftereffects of the pharmaceutical drug Actos. District Judge Rebecca Doherty, the judge who is overseeing thousands of Actos lawsuits, refused to overturn a $9 billion verdict in the ...
    09/23/2014 - 5:00 am | View Link
  • Yuan Loan-Backed Bond Surge Prompts China Risk Warnings
    Chinese banks are selling notes backed by loans at a record pace as they seek to offset a slump in deposits, prompting credit analysts to warn of the risks of securities that sparked the global financial ...
    09/11/2014 - 12:00 pm | View Link
  • Banks’ $85 Billion Loan Pipeline Meets Investor Unease
    The biggest investor retreat from the U.S. leveraged loan market since 2011 is taking place just as a flurry of mergers and acquisitions needs to get funded with non-investment grade debt.
    09/9/2014 - 6:33 am | View Link
  • ECB cuts interest rates to record low- as it happened
    European Central Bank slashes all its main interest rates and announces programme to buy private assets in order to prevent slide into deflation
    09/4/2014 - 1:09 pm | View Link
  • ECB cuts interest rates to record low- live
    European Central Bank slashes all its main interest rates and announces programme to buy private assets in order to prevent slide into deflation
    09/4/2014 - 10:06 am | View Link
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BING NEWS:
  • Survivor on hunger strike to pressure band’s relationship with law firm
    The documents also show the council held a special meeting to hear from survivors ... It was survivors from the band that alerted officials to extra fees and high-interest loans the firm was allegedly charging against their residential schools compensation ...
    09/12/2014 - 10:47 am | View Link
  • Debt Collectors Continue To Push the Limits of the Law Says Pioneer Law Firm
    Complaints to the CFPB show many consumers aren't aware they have a medical debt ... paid private debt collectors $1 billion in 2011 to collect on the $70+ billion outstanding in student loans. Consumer advocates have learned that the debt collectors ...
    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 ...
    02/4/2014 - 11:00 am | View Link
  • New law firm invests in technology instead of support staff
    Lawyers outnumber staff 7 to 2 at the new law firm of Kennaday, Leavitt & Daponde PC ... “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.
    01/6/2014 - 1:20 pm | View Link
  • Law Firm Wins Dismissal of Suit by Client Whose Litigation Loans Ate Up Settlement
    While Mirman, Markovits & Landau PC was representing Elwin Francis in a personal injury matter, Francis secured cash from litigation funding companies through loans that would be ... required to initial each page to show that he had read it and understood ...
    01/29/2013 - 11:00 am | View Link
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BING SEARCH:
  • PAKISTANI LAW FIRM | FREE LEGAL CONSULTATION
    Our Law Firm provides Free Initial Legal Consultation Relating to Family, Civil, Criminal and Constitutional Laws in Pakistan Scroll down the page and enter your ...
    09/23/2014 - 12:36 am | View Website
  • Jump Legal Group, LLC
    Jump Legal is Central Ohio's premier bankruptcy firm. Schedule a free initial consult: 614-254-5985.
    09/22/2014 - 7:36 pm | View Website
  • Short Sale Blog
    Testimonials. The Wilde Law Firm does an excellent job in coordinating the legal aspects of short sale negotiation. Their professionalism and attention to detail ...
    09/22/2014 - 5:48 pm | View Website
  • OVLG
    Registered California law firm with a team of attorneys for debt settlement and bankruptcy solutions.
    09/22/2014 - 10:17 am | View Website
  • Student Loan Law | Get Help with your Student Loans
    Stop Student Loan Default Get Out of Debt Default; Lower Monthly Loan Payments Secure Payments as Low as $1 a Month; Find Student Loan Forgiveness Obtain Forgiveness ...
    09/22/2014 - 7:11 am | View Website
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