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Tuesday, June 14, 2005

Unforeseen Benefits of Practicing Securities Law

Yes, there are downsides:  Long hours.  1000-page filings.  Often incomprehensible statutes like SOX and the PSLRA. 

On the other hand, I've never had a former client put out a hit on me.  Norm, at Crime & Federalism, isn't so lucky.  He notes:

A former client of mine wants me dead. At least that is what the federal prosecutor told me yesterday in a late afternoon phone call. My client is reaching out for hit men in his new home, a federal prison.

Yikes! 

I hadn't appreciated until now that securities lawyers are essentially never shot at.  True, we have to deal with the PSLRA.  But even at its most daunting, the PSLRA isn't as bad as dodging (real) bullets. 

Posted by Kaimi Wenger on June 14, 2005 at 11:49 AM in Odd World | Permalink

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