For lawyers who work on private equity deals or mortgage-backed securities, business fears due to the subprime crisis may be well justified. The total values of private-label mortgage securitization issuances and private equity deals have been sinking rapidly, meaning some attorneys may be in for a tough year. But where structured finance and private equity lawyers might find themselves struggling to meet their billable hours targets, litigators might be in high demand by financial companies.
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Subprime Crisis and Deals Drop Could Mean Tough Times for Some Lawyers
The American Lawyer
October 15, 2007
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