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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (84432)8/10/2007 11:20:48 AM
From: TradeliteRead Replies (1) of 306849
 
Hey, don't worry about those ivory-tower types who might lose money. For every one of them who is losing money, there's a lawyer or work-out expert somewhere cleaning up on fees for straightening out messes.

After the S&L debacle, I knew many lawyers who completely switched whatever their specialty was before to working on the new problems.

After the S&L debacle and during and after the tech boom, some DC law firms were opening offices out in the suburbs to catch all the business opportunities that arose.

For every problem, there is a guy waiting to fix it for you...for a price.

Ever heard of the Attorney Full Employment Act? This rule seems to grow exponentially in importance as the years go by.

I guess I can say this applies in my area, because we have more lawyers-per-square-mile than just about any other place in the world, except New York. <<GG>>
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