Year: 2006
Could It Be Time To Trash the Pyramid Payment Schemes for Law Firms?
Amway, HerbalLife and your local corporate law firm. Not three businesses you’d usually find discussed in the same sentence. But it could be. Some observers are calling corporate law firms “giant pyramid schemes.” Between fresh-out-of-law-school attorneys and the idea the common law firm structure is outdated, it’s surprising more people...
Read MoreKatrina as the fed’s Enron
Katrina as the fed's Enron While I've been down on Sarbanes-Oxley (see my Sarbox archive, and this summary) maybe I’ve got the whole thing wrong. Maybe we should keep SOX and apply it to the federal government. This W$J roundup of Katrina screwups left me wondering what the SEC would...
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UAE Passes Law Against Human Trafficking
Every year tens of thousands of people arrive in the United Arab Emirates seeking to benefit from the country’s booming economy. However, the wealth of the gulf nation has also attracted human traffickers. Although prostitution and even adultery are illegal in the UAE, there are still bars and nightclubs where...
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