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Category Archives: Financial System

10 fatal traps that explain why law firm strategic plans are DOA

Via LLRX10 fatal traps that explain why law firm strategic plans are DOA – Patrick J. McKenna is an internationally recognized author, lecturer, strategist and seasoned advisor to the leaders of premier law firms. McKenna’s deep dive into law firm strategic planning delivers a detailed guide on the major errors to circumvent to establish a winning competitive position going forward.

For 2023, which tech tools might help your firm flourish?

Via LLRX – For 2023, which tech tools might help your firm flourish? – Nicole L. Black’s actionable checklist begins with an end of year review of your law firm’s achievements and challenges to determine issues and new requirements moving forward. The review will include conducting an audit of your workflow and technology to identify… Continue Reading

Law Firms Prepare for Slowdown After Record Demand Industry

WSJ – $: “Industry has seen lower revenue growth this year, but firm leaders say they will be buoyed by litigation and bankruptcies Brad Karp, chairman of Paul, Weiss, Rifkind, Wharton & Garrison, said firms are willing to pay top-dollar for high-performing partners in strategically important practice areas. Law firms are bracing for economic uncertainty… Continue Reading

What Happened at FTX and What Does It Mean for Crypto?

CRS Insight – What Happened at FTX and What Does It Mean for Crypto? – Updated November 29, 2022: “On Friday, November 11, FTX Trading Ltd. (FTX)—one of the world’s largest and most well-known cryptocurrency exchanges—announced that it had “commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code” in Delaware. Included in… Continue Reading

Legal counsel to Justice Alito responds to alleged ethical lapses

Steven Mazie – “I’ve been covering the Supreme Court for only about a decade but I don’t recall seeing a letter from the legal office or seeing a Justice effectively lawyer up in response to allegations. It’s remarkable Justice Alito saw the need to do so here.” The New York Times – Supreme Court Defends… Continue Reading

Billionaires Provided 15 Percent of Funding for the Midterm

“In the 2022 midterms, the 100 largest donors collectively spent 60 percent more than every small donor in the United States combined, according to a Brennan Center analysis of publicly available data. (Small donors are those who give $200 or less.) The wealthy have always wielded disproportionate power over American government. In 1895, GOP strategist… Continue Reading

Private groups swaying SCOTUS litigation

Sen. Whitehouse and Rep. Johnson sent a letter to Chief Justice Roberts on September 7, 2022.”We write as Chairmen of the Senate and House Judiciary Federal Courts Subcommittees to request information regarding another allegation of potentially unethical conduct at the Supreme Court of the United States…“One of the nation’s most important institutions … has been… Continue Reading

It’s not your imagination: Shopping on Amazon has gotten worse

Washington Post: “Amazon is the first app many of us think about to buy things online. But is it actually a good place to go shopping? When you search for a product on Amazon, you may not realize that most of what you see at first is advertising. Amazon is betraying your trust in its… Continue Reading

Tax filing websites have been sending users’ financial information to Facebook

The Verge co-published with The Markup: “Major tax filing services such as H&R Block, TaxAct, and TaxSlayer have been quietly transmitting sensitive financial information to Facebook when Americans file their taxes online, The Markup has learned. The data, sent through widely used code called the Meta Pixel, includes not only information like names and email… Continue Reading

Senior Democratic lawmakers demand answers on alleged Supreme Court leak

Politico via Yahoo: “Two senior Democrats in Congress are demanding that Chief Justice John Roberts detail what, if anything, the Supreme Court has done to respond to recent allegations of a leak of the outcome of a major case the high court considered several years ago. Sen. Sheldon Whitehouse (D-R.I.) and Rep. Hank Johnson (D-Ga.)… Continue Reading