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Author Archives: CORREY E STEPHENSON

The mortgage mess and Chapter 13

With the announcements that several national banks are halting home foreclosures and 50 state attorneys general and the District of Columbia have launched an investigation into falsified signatures and other paperwork improprieties, the mortgage industry can officially be declared a mess.

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Income limits on Roth IRAs set to end

For the first time, as of Jan. 1, 2010, individuals with an adjusted gross income of more than $100,000 can convert an existing IRA or 401(k) account into a Roth IRA. Estate planning attorneys should contact their clients about this ...

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Web sites, bloggers face new guidelines

For the first time in almost 30 years, the Federal Trade Commission has issued guidelines governing testimonials and endorsements — and for the first time, included guidance that cover bloggers and other online social media platforms. The Guides Concerning the ...

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Supreme Court to rule on Bankruptcy Act

Bankruptcy attorneys are keeping a close eye on a case that could have broad ramifications for their First Amendment rights when counseling their clients. In October 2005, the Bankruptcy Abuse Prevention and Consumer Protection Act became law. Almost immediately, bankruptcy ...

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Firm blog vs. personal blog: How to choose

Marketing has never been more important for attorneys – and a blog displaying expertise in a particular practice area is a valuable tool for networking, attracting new business and finding other opportunities. But should you market yourself with a personal ...

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Unbundled legal services increasingly popular

In an uncertain economy, lawyers are using unbundled legal services to expand their client base. The practice of unbundling legal services, also known as limited scope representation, falls into three general categories: consultation, such as giving advice and direction; document ...

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LegalTech offers hot tech products and services

Boston — The economy didn’t slow down the scene at LegalTech 2009 in New York, although it did seem to alter the sales pitch. Vendors and service providers pitched themselves as cost-effective and budget-friendly, or adopted an as-needed, pay-as-you go ...

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Alternative billing may be lawyers’ answer

Boston — Experts have been predicting the imminent demise of the billable hour for years. But the current economy may give many lawyers the final push towards trying some alternative billing methods. Chris Marston, the CEO of Exemplar Law Partners ...

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Supreme Court hears patent tying case

The U.S. Supreme Court recently heard oral arguments in a printer toner case that has broad ramifications for both antitrust and intellectual property law. Illinois Tool Works, a producer of inkjet printheads and inks, holds several patents covering printhead technology. ...

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