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:
  • 40 Under Forty: Thanks, Billings, for helping us select our 40 Under ... - Billings Gazette
    After graduating from the University of Montana Law School, Fehr went to work at the Moulton Bellingham firm.
    02/1/2015 - 8:33 am | View Link
  • Drowning in Student Loan Debt - Memphis Daily News
    ... has held a variety of jobs, now working as a law firm receptionist. ... 000 and $5,000 in Stafford Loans (a ... Project on Student Debt ...
    01/30/2015 - 6:34 am | View Link
  • Judge debated sentence for ‘a good and decent man’ - Virginia Business
    ... those attributes — a former Army officer, law firm partner, delegate ... for $177,000 in gifts and loans? ... kinds of chances?” Despite ...
    01/29/2015 - 4:26 am | View Link
  • As economy recovers, family lives for years with mortgage they ... - Washington Post
    ... missed a payment they could not show a ... them to modify the terms of their loans. Working through a church member who owned a law firm, the ...
    01/26/2015 - 10:26 am | View Link
  • How one family went from no debt to owing more than $1 million - Washington Post
    ... missed a payment they could not show a ... them to modify the terms of their loans. Working through a church member who owned a law firm, the ...
    01/26/2015 - 9:19 am | View Link
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YAHOO NEWS:
  • Bloomberg the Company
    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
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  • Drowning in Student Loan Debt
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    01/30/2015 - 5:07 pm | View Link
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    01/30/2015 - 10:16 am | View Link
  • A New York State Point of View
    The Post-Star of Glens Falls on the corruption scandal involving Assembly Speaker Sheldon Silver.
    01/28/2015 - 1:42 pm | View Link
  • Legals January 28, 2015
    TRUSTEE'S NOTICE OF SALE. Reference is made to that certain trust deed made by Robert R. Miller, Jr., Grantor(s), to Scot M. Ludwig, Attorney at Law, trustee, in favor of Conseco Finance Servicing Corp., as beneficiary, recorded 12/22/1999, in the Records of Kootenai County, Idaho as Instrument No. 1618640, which was subsequently assigned to U.S. Bank, N.A., as Trustee on behalf of Manufactured ...
    01/28/2015 - 9:54 am | View Link
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BING NEWS:
  • U.S. Attorney Investigates Payments to Sheldon Silver From Law Firm That Represents Grand Street Co-ops
    The United States Attorney has opened an investigation of payments made to State Assembly Speaker Sheldon Silver by a law firm that helps property ... apartment buildings on Grand Street, tax records show, as well as the commercial building across the ...
    12/30/2014 - 1:06 am | View Link
  • Survivor on hunger strike to pressure band’s relationship with law firm
    WINNIPEG – A residential school survivor is on a hunger strike to force his band to sever ties with its ... A copy of both resolutions – obtained by APTN – confirms that. The documents also show the council held a special meeting to hear from ...
    09/12/2014 - 10:47 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
    Lawyers outnumber staff 7 to 2 at the new law firm of Kennaday, Leavitt & Daponde ... 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 - 5:26 am | View Link
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BING SEARCH:
  • Law firm
    A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients ...
    02/1/2015 - 2:23 am | View Website
  • Law Firm Website
    Bankruptcy and Foreclosure Defense Attorney located in Miami, Florida.
    02/1/2015 - 12:14 am | 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 ...
    01/31/2015 - 5:12 pm | View Website
  • Recovery of Loan in Pakistan | PAKISTANI LAW FIRM
    FEATURES OF FINANCIAL INSTITUTIONS (RECOVERY OF FINANCE) ORDINANCE 2001. Presently, the recovery of all kinds of loan, finances whether markup based, lease financing ...
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  • Oak View Law Group
    Registered California law firm with a team of attorneys for debt settlement and bankruptcy solutions.
    01/31/2015 - 7:18 am | View Website
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