Showing posts with label Law for Non Lawyers. Show all posts
Showing posts with label Law for Non Lawyers. Show all posts

Saturday, March 28, 2015

The Ethics of Marijuana Business Law – Better Call Saul


I love the show Better Call Saul.  Jimmy McGill aka Saul Goodman does an excellent job portraying the struggles so many young lawyers face finding their place in the legal business.  The business of law fascinates me.  I was discussing Jimmy’s latest case the other morning – a suit against a fraudster nursing home – when one of my partners commented in jest, “You’re always looking for a get rich quick scheme.”  He has a point.  I love talking about ways you could make money in the legal business.  But I usually only act on those thoughts in areas of law that truly interest me.  A suit against a nursing home would not be that much of a stretch for me.  The focus of my practice is litigation.  Now I just need a client who’s getting ripped off by someone with a deep pocket.

Tuesday, December 9, 2014

C.Y.A. C.Y.A. C.Y.A. Often Times The Best Advice Is Never Given. Or Is It?


I was taught from early on, “cover your ass”.  If a client is going against your advice, give him your advice in writing.  When the bad thing that you said could happen happens, he won’t be able to say, “You should have told me.”  We lawyers are always here to sue on a client’s behalf, so it is no wonder that we are naturally inclined to try to avoid getting sued ourselves.  But sometimes, our C.Y.A. tactics can be confusing.

Thursday, September 25, 2014

Do As I Say Not As I Do?


“Evans a partner in law firm” was the title of an article in The Mining Journal earlier this year.  That’s not true.  I am not a partner, and none of my “partners” are partners either.  Mistakes by newspapers are one thing, but this common error has legal ramifications when committed by so-called “partners”.

Thursday, June 27, 2013

Anatomy of a Mortgage Loan Flip



       This entry to my blog is about scam I learned about five years ago while working for a title company in Wisconsin.  I will refer to it as a mortgage loan flip.  Brokers utilize it to generate additional commissions for themselves, which costs borrowers and investors thousands of dollars.  To demonstrate how the scam works consider the following rate sheet:

The Cost of a “No Closing Costs” Mortgage



About five years ago I worked for a title company in Wisconsin and frequently closed residential real estate mortgage transactions.  This included both new loans for home purchases and the refinancing of existing loans.  Often times the borrowers would get what was referred to as a “No Closing Costs” loan.  This article will explain the cost of a “No Closing Costs” mortgage loan at that time.  Additionally, I hope that in the comments readers will let me know if this is still how it works in the mortgage industry.