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Ethics

: Legal Ethics Forum

Sen. Specter tries to revive Stoneridge liability for law firms

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He's attaching a provision to the Wall Street reform bill.  Story at WSJ Law Blog.  Would that mean that law firms effectively must contribute each time a corporate client engages in securities law fraud, whether or not there's a showing that the firm actually knew or should have known? If the risk for law firms increases, will it affect how they provide legal services?

Full post as published by Legal Ethics Forum on May 05, 2010 (boomark / email).

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