New Corporate Responsibility Law Is Boon To Lawyers

[Venus]

We can move this to the Legal Forum after a bit.

Be they trial lawyers, tax lawyers, any lawyers, or the corporate lawyers, with every law and regulation we pass, somehow the lawyers always get fat:

New Law Has Corporate Lawyers Scrambling

Renee Deger
The Recorder
08-13-2002


The Sarbanes-Oxley Act of 2002 may be a nightmare for company executives, but it's the best thing to happen to corporate lawyers since the Internet boom.

"If you're a lawyer sitting around waiting for the capital markets to come back or for your next M&A deal, you've got nothing to do," said Tracy Edmonson, a Latham & Watkins partner. "This has represented a huge wave of work."


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[The_RANDy_Corporation]

And who said there is never any good news!

[Venus]

I expect them to write laws that benefit the taxpayers and the public as a whole, not lay the groundwork for their post-congressional job security adventures.

Duh!

[Venus]

"And who said there is never any good news!"

images/icons/grin.gif LOL!

p.s. for RANDy: I left some links for you to a case I think you'll find interesting on Legal Eagles - dunno if you saw it yet.

[Venus]

Actually, I'm more demanding than I am naive. I expect the bastards to uphold the constitution, but without entertaining any realistic hope that they actually will.