What is the value of an experts advice? I have found through experience that it is difficult to put a price on advice that comes from an expert. It is actually invaluable when you consider the cost not only in money, but also what your personal time is worth.
Lawyers Professional Liability Insurance for the Distressed Risk
Professional liability insurance is a necessity for lawyers. Unfortunately, not all lawyers are able to secure the coverage they need in the standard marketplace because they are considered to be a distressed risk. The question is, what exactly does distressed mean?
Two Methods Of Filing Bankruptcy
There are two ways a person can become a bankrupt. The first and more common way is to have the person file a petition to voluntarily go bankrupt. The second, and rarely used way, is for creditors to ask the Court to make an Order that a person is bankrupt. In both these cases a Bankruptcy Trustee is required to administer the bankruptcy. (see Filing Bankruptcy)
The two main types of bankruptcies available to individuals deal with different debt situations in different way…
Filing Bankruptcy!
Bankruptcy is a legal procedure designed both to protect an individual or business that can’t meet its financial obligations and to protect the creditors involved. To begin the process, proper papers must be filed.
What are the Bankruptcy rates?
According to Scripps Howard News Service, nearly 1 in 60 housholds in the United States are bankrupt. This figure is based on the nearly 2.04 million people who filed for bankruptcy before the new bankruptcy laws took effect. Why …
Drafting a will
As one progresses to the threshold of old age, worries and anxieties seem to grip more tightly. Not a second goes when the thought of ones family especially children take a leave.
Alternatives To Filing Bankruptcy?
There is just no easy way to get out of debt, you have to face up to the consequences. A bankruptcy is not always the answer, as the effects are long lasting. There are four ways to handle debts that are out of control, listed in best to worst in regards to the effect it will have on your credit:
If your credit isn’t in terrible shape, can you reduce your other expenses, even if it means making hard choices or just change your lifestyle to fit your income? Some ways to do …
Debt Collection Facts
This article contains valueable information about debt collection. It talks about some of the issues that affect the debt collection procedures, how to prepare yourself and what you should expect from your legal advisers.
Reducing Legal Malpractice Exposure
Many legal malpractice claims share common allegations/themes that can be avoided if law firms have the proper risk management measures in place. Implementation and maintained use of some very rudimentary systems and procedures can reduce the likelihood of being sued, or in the event you are sued, can bolster your defense. Below are some basic tips law firms can utilize to help reduce their legal malpractice exposure.
Professionally Written Resume: Your Future Depends on It
Most people find it hard to write objectively and effectively about themselves. This is one major pitfall of writing your own resume. Equally important is understanding what employers are seeking in a resume. Do you know? The newest element to complicate writing your own resume is knowing how to format the resume for online searches, ensuring keywords are present and your background is well represented.
Lawyers Are The Most Laughed Off Professionals
I used to be a lawyer, but now I am a reformed character. – Woodrow Wilson (1856 – 1924)
Pun apart, dictionary says a lawyer is a professional person authorized to practice law; conduct lawsuits or give legal advice. The famed legal encyclopedia Thomas Gales goes further in describing a lawyer as Any qualified person who prosecutes or defends causes in courts of record or other judicial tribunals.
Most of the times the terms attorneys, counselor at law are interchan…
Do I Need a Resume or Curriculum Vita?
Understanding the different between a resume and a CV can be a little confusing. Resumes and Curriculum Vitae are completely different documents, should be approached differently in writing and each are geared to certain industries and job types.
Business laws basics
A professional degree in Juris Doctor relates to a higher grade of studies in law. With business houses expanding in size and the legal issues gaining higher importance for day to day working of large corporates, demand for Juris Doctor