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Wisconsin Lawyer
The Official Publication of the State Bar of Wisconsin
December
2007
Volume
80
Number
12
Features
Main Street Meets Wall Street: The Mortgage Meltdown
Although Wisconsin’s housing market did not overheat in recent years as the housing markets did in California, Nevada, and other areas, it is a mistake to view the meltdown and related mortgage foreclosures as someone else’s problem. The authors explain the factors on Main Street and Wall Street that led to the subprime mortgage meltdown and survey the resulting litigation fallout in Wisconsin and elsewhere.
By
Advising Clients Facing Foreclosure
When the American dream of home ownership turns into a financial nightmare, the realities of foreclosure can intersect with many legal practice areas, including bankruptcy, family law, probate, employment law, worker’s compensation, business law, and real estate and property law. Lawyers who understand the foreclosure process can help clients facing difficult circumstances.
By Mark Richard Cummisford
Writer Beware: Spotting the Publishing Scam
Scam publishers and their bogus publishing contracts feed on the dreams of would-be authors. If you're representing an author - or even yourself - learn how to spot and steer clear of a publishing scam.
By
Time Runs Out on Wisconsin's Estate Tax
You’ve heard the old saw – the only things certain in life are death and taxes. But at midnight on Dec. 31, 2007, Wisconsin will have no estate tax for the first time in more than 100 years, and this will remain the situation until the Wisconsin Legislature acts to reinstate it.
By
Opinions, Voices & Ideas
Inside the Bar
And Then There Were Five
With Governor Doyle's signing of the 2007-09 state budget bill, Wisconsin joins 44 other states that provide state funding for direct legal services for low-income people.
President's Message
Listening to Members, Defending the Rule of Law
One of the most important things a bar president can do is to visit with members and listen to members' concerns about the issues that affect them. Another important thing is to use the office of president to defend the rule of law - around the world and at home.
Ethics
What are the trust account recordkeeping requirements?
SCR 20.1.15, entitled "Recordkeeping Requirements for Trust Accounts," specifies what records lawyers must keep for the different types of trust accounts.
Legislative Watch
State Budget Provisions of Interest to Lawyers
Items of special interest to lawyers in the 2007-09 state budget include increased funding for civil legal needs, state public defender costs, and court interpreter reimbursement, among other provisions.
Managing Risk
Blogging in Today's Electronic Age
Blogging may be a useful communication tool for law firms, but if you blog, proceed with caution, because you risk creating an attorney-client relationship and giving legal advice - both no-nos in this electronic age.
Also Inside
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Dec 04, 2007
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