Skip to main content

Turns Out You DO Work for the Firm!


Morning!

Did you know you work in a soul-sucking business environment that encourages risk-taking on behalf of clients because your firm can make more money delaying resolution, bickering over stupid discovery disputes, and litigating everything until there's nothing left no matter how picayune?

And that's coming from a fancy-dancy UM perfesser of ethics:
He said large, multinational law firms like Greenberg are driven by an "eat-what-you-kill compensation system that incentivizes risk-taking in transactions and litigation."

Greenberg started in 1967 as a Miami transactional boutique. After 10 high growth years, it now has 1,750 lawyers in 35 offices around the world.

Referring to the sanctions in the TD Bank case, Alfieri said, "This kind of institutional failure raises hard questions of culture, compliance and institutional regulation for Greenberg and hundreds of other Big Law firms and likewise for regulatory bodies like The Florida Bar and the American Bar Association."
On the other hand, no associate at this firm has ever failed the Bar exam!

On a happier note, Judge Bailey has done as fine a job as possible under dire budgetary restraints in dealing with the foreclosure crisis plaguing our State.

Here she answers questions by email for the Herald and concludes thusly:
Q. From your vantage point, who is responsible for the foreclosure crisis?
I deal with the cases that are in front of me. Moral judgment gets you nowhere. There is plenty of blame to go around. The banks shouldn’t have made the loans. The borrowers shouldn’t have taken them. It was a huge shell game with loans getting sold and repackaged into securities, with no responsibility. Everyone thought that somebody else should be the one to say ‘no.’’’ 
Smart judge.

Finally, Herald political reporter Marc Caputo, who is improving, wrote an article over the weekend in which he repeatedly used the phrase "Obamacare" as a neutral term for the Patient Protection and Affordable Care Act.

When I asked Marc about it, he kindly referred to a recent Obama ad as evidence the phrase is now the MSM consensus term of choice -- completely neutral, purely descriptive.

Now I recognize there has been much debate over how to deal with what began as a schoolyard pejorative.

And some Obamaites and even Obama himself have attempted to defiantly reframe the word.

I'm ok with all that, though for me "Obamacare" reeks of Frank Luntz focus-grouped "HillaryCare" and represents a further slide into collective Idiocracy.

But Marc, did you miss that whole debate?

Or are you saying the debate is over?

Comments

  1. Caputo is no Garvin.

    ReplyDelete
  2. I'm sure you disapprove of "Reaganomics" too.

    ReplyDelete
  3. I prefer "Voodoo Economics."

    Actually, Reaganomics did produce a huge amount of great music in the 80s.

    ReplyDelete
  4. It's actually a great and useful piece of information. I am glad that you simply
    shared this ueful info with us. Please keerp us informed like this.
    Thank you foor sharing.

    Also visit my web page: member herbalife

    ReplyDelete

Post a Comment

Popular posts from this blog

My Kind of Federal Judge!

Sure we have Scott Rothstein and his lovely Tom James clothier Romina Sifuentes, but Louisiana has ED LA judge G. Thomas Porteous Jr.:
A federal judge from Louisiana who had run up big gambling debts routinely solicited money and gifts from lawyers with cases before his court, Congressional investigators said Tuesday as the House opened impeachment hearings in the judge’s case. The judge, G. Thomas Porteous Jr. of Federal District Court, had more than $150,000 in credit card debt by 2000, mostly for cash advances spent in casinos, investigators said. Judge Porteous’s requests for cash became so frequent that one New Orleans lawyer said he started trying to dodge the judge.“He began to use excuses that he needed it for tuition, he needed it for living expenses,” the lawyer, Robert Creely, told a House Judiciary Committee task force. “I would avoid him until I couldn’t avoid him anymore.”
Mr. Creely said he and his law partner, Jacob Amato, gave Judge Porteous an estimated $20,000 o…

Honoring Richard C. Seavey

I drank a shit-ton of bourbon last night. Enough to float a battleship.

My head hurts. But not as much as my heart.

We lost another lawyer over the weekend. Not someone who will receive facebook accolades and other public claims of friendship and statements that he shaped and changed lives and careers. Just a guy who did the best he could with what he had. Every day. And he did very, very well to be the best person he could be. 
Richard Seavey was a profoundly private person. In his 49 years, he walked through more than his share of trials and tribulations, mostly asking for no help, leaning on no one. 

Richard was a fantastic lawyer. He could try a case. He could "litigate" a case. He could mediate and settle a case. He was nuanced. He bent but never broke. The blustery Miami lawyer never scared him. To the contrary, he found humor in it, studying it like a science project. Richard never got too high or too low. He was good at lawyering, but you got the f…

First Carnival Triumph Lawsuit on File!

It was filed in the SD FL (of course) and is pending before Judge Graham.

Check it out here.

The lawyer on the pleading is Marcus R. Spagnoletti.