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:
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    ... for the six months to 30 June 2015 show strong ... Trustcorp Jersey Limited, L-S&S GmbH, a Swiss boutique private wealth law firm, the funds ...
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    08/20/2015 - 6:03 am | View Link
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BING NEWS:
  • Jill Kelley and her husband file suit against Tampa law firm
    The stipulation does not say who borrowed the money or whether Scott Kelley had co-signed loans for his sister-in-law ... was dismissed two years later for lack of prosecution, records show.
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  • Law firm looks to close amid theft claims
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    02/12/2015 - 11:46 am | View Link
  • Fraud cases may doom Waterloo law firm
    “I think it is fair to say that lawyers who have been practicing at Gallagher ... two loans were due in full in June and October, and collateral included the firm’s equipment, accounts and letters of credit, court records state. Court records show ...
    02/11/2015 - 12:11 pm | View Link
  • Debt Collectors Continue To Push the Limits of the Law Says Pioneer Law Firm
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  • Houston Injury Attorney Says Law Firm Stole His Clients
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