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Social Networking: A Legal Ethics Minefield – Part 6

Social Networking: A Legal Ethics Minefield – Part 6

ARE THERE OTHER BENEFITS TO USING SOCIAL NETWORKING? Social networking sites have been an invaluable tool for many attorneys performing research on already contested matters.   For instance, if a matrimonial attorney wishes to view the Facebook page of a client’s...
Social Networking: A Legal Ethics Minefield – Part 5

Social Networking: A Legal Ethics Minefield – Part 5

Assume that IP attorney A is preparing a patent-infringement case on behalf of his new client, CEO B.  After numerous meetings and communications in preparation for the case, IP attorney A (and/or his subordinate) becomes “friends” with the client on Facebook or...
Social Networking: A Legal Ethics Minefield – Part 3

Social Networking: A Legal Ethics Minefield – Part 3

The ABA is attempting to formulate a more comprehensive response to this changing environment via the ABA Commission on Ethics 20/20 Working Group on the Implications of New Technologies because, as the ABA reporter for this working group has admitted, “it is unclear...
Social Networking: A Legal Ethics Minefield – Part 2

Social Networking: A Legal Ethics Minefield – Part 2

Despite this dramatic increase in social networking usage by practicing attorneys, the ABA and State Bar Association responses to the use of this technology have been extremely sparse and, when given at all, confusing and/or conflicting. For instance, a New York City...
Self Regulatory Organization Vs. Traditional Government Regulation

Self Regulatory Organization Vs. Traditional Government Regulation

Using the U.S. stock exchanges as an example, the following post explains why a Self Regulatory Organization (SRO) may or may not work better than traditional government regulation. History provides the best argument for the effectiveness of SROs as it relates to our...
The Uniqueness of Fannie Mae and Freddie Mac

The Uniqueness of Fannie Mae and Freddie Mac

The following post addresses some of the unique characteristics of Fannie Mae and Freddie Mac that made them different from other private corporations prior to their 2008 conservatorship. What are the pros and cons of privatizing Fannie Mae and Freddie Mac with no...