
MC&A Newsletter
Volume III
February 2009
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Recent News
MC&A forges ahead in 2009! In 2008 we represented clients in
litigations on issues ranging from predatory lending, breach of
contract claims, insurance fraud, and criminal law. In 2009, we aim to
grow our practice by lecturing at law schools, publishing articles, and
providing legal commentary to media outposts such as CNN Headline News,
Tru TV (formerly Court TV), and FOX Business Network. We will also
continue to provide you with the latest legal trends and news. We want
to take this opportunity to thank our clients and look forward to
working with you in 2009!
New Staff
Genese N. Walker, Litigation Analyst
MC&A proudly welcomes Genese N. Walker to the firm. Ms. Walker worked
at the law firm of Ventantonio & Wildenhain PC as an associate,
where she practiced in the firm's litigation department. Ms.
Walker received a Bachelor of Arts in Government and Politics from the University of Maryland
College Park and a Juris Doctorate from the American University,
Washington College of Law where she served as a Junior Editor of the Business
Law Brief, was a Marshall-Brennan Fellow, and member of the Moot Court Honor
Society. She also worked as a summer intern at the New York
State Office of the Attorney General Antitrust Bureau, and clerked for the
Federal Trade Commission in Washington,
D.C. Ms. Walker is admitted
to the New York
and New Jersey State Bars.
Upcoming Appearances
Midwin Charles will appear on Tru TV (formerly Court TV), Open Court on Wednesday, February 18, 2009
from 9:00 to 11:00 AM.
Midwin Charles will be a guest lecturer at The Institute for
the Study of the Judiciary, Politics, and the Media (IJPM) at Syracuse University
on Monday, March 2, 2009. The lecture topic
will be "The Impact of Media Coverage on
a Defendant's Right to a Fair Trial."
For more information about IJPM, go to www.syr.edu.
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The Market
Ode to Bankruptcy
The economy has plagued a number of industries and the legal
profession has not been immune. The year
2008 ushered in the demise of law firms that had been in existence for decades
and in the case of California
based firm Heller Erhman LLP, over 100 years. Other firms have laid off
hundreds of lawyers and staff. The areas
of practice hardest hit with layoffs pertain to finance, mergers and
acquisitions, and litigation. One area of
practice, however, has emerged as a beacon of light for law firms: bankruptcy.
With the flagging economy, glamorous mergers have dried up and corporations
are restructuring their debt, rather than wielding large deals. Law firms realize this and are growing their
bankruptcy departments by leaps and bounds.
Some have even brought in specialists to train associates that work in other
practice areas. While the rush to shore
up bankruptcy departments is a good way to ensure revenue streams, these law
firms run the risk of being too top-heavy in one area of practice when the
market - hopefully soon -- turns around.
Nonetheless, lawyers looking for work who know little if nothing about
bankruptcy should rush to the nearest bankruptcy Continuing Legal Education
class. It certainly won't hurt.
Source: As Mergers and Other Work Dry Up, Bankruptcy
Becomes Lawyers' Oasis, Jonathan D. Glater, New York Times, January 24,
2009
http://www.nytimes.com/2009/01/24/business/24retool.html?scp=2&sq=Lawyer's%20Oasis&st=cse
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SPECIAL REPORT*
The Practice Corner
Part II: Attorney-Client Relationship: The Client's
Perspective
Working with an attorney can be a daunting and expensive
task. Here are some ways to ensure that
you receive top notch service:
Prior to hiring an attorney, ask your lawyer these
questions:
(1) What
is your experience in this area of law?
Your lawyer should be well versed in the area of
law in which your case is involved. Ask
the lawyer whether he or she has handled cases similar to yours and how long they
have worked in the particular field of law.
(2) What
is the possible outcome of my case?
Your lawyer should explain the possible outcomes
of your case. Your lawyer will remind
you that outcomes are not guaranteed, but given their experience, the matter
might be resolved in several ways. Also
ask your lawyer whether there are any alternative ways to resolve the matter,
how long will it take to resolve, and whether he or she recommends mediation, arbitration,
or settlement. The latter can save you
thousands of dollars.
(3) How will you approach my case?
The manner in which your lawyer approaches a
case can make or break it. Will your
lawyer be a barracuda or a dove? The
facts and status of the case often determine the approach. Ask your lawyer how they will approach your
case.
(4) How
will you keep me informed of my case?
You should be kept informed of your case. Ask up front how your lawyer plans to keep
you in the loop on your case. Will you
have scheduled meetings and/or teleconferences and receive copies of all
communication and court documents? What
is the frequency in which you will be informed?
Knowing the answer to these questions can help prevent a break down in
communication.
(5) What
is the total bill (including fees and expenses)?
Ask your lawyer how much you will be charged and
how much. You should know if you will be
paying an hourly rate, a flat fee, or whether your lawyer will take the case on
a contingent basis. You should also know
when payments are due.
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MC&A
is firmly committed to our valued clientele. We provide services in
the areas of litigation, criminal law, and general corporate and
business law.
For more information about how we can be of service to you, call us at 212.551.3617 or send an email to midwin@charleslawfirm.com.
Midwin Charles & Associates LLC 230 Park Avenue, Suite 1000 New York, New York 10169 212.551.3617 www.charleslawfirm.com
© 2008 Midwin Charles & Associates LLC
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