Wednesday, September 30, 2009

Prostitution by Stanford Law Graduate

A Standford University law school graduate will have to serve a year of home detention for failing to pay taxes on money she earned while working as a prostitute. Cristina Warthen was ordered by a federal judge Monday to wear an electronic monitoring device while serving her sentence.


As part of a new plea deal with prosecutors, she'll also have to pay the government about $243,000, instead of the $313,000 established in a previous plea arrangement.

Prosecutors agreed to the lower amount when Warthen demonstrated she could not pay the full amount after her divorce. Warthen pleaded guilty in January that she failed to pay taxes on nearly $82,000 earned in 2003 as an escort in cities around the country, including New York, Chicago and Washington D.C.  Source Associated Press.


Warmest Regards,

Bob Schaller


Your Bankruptcy Advisor Blog
By: Attorney Robert Schaller (Bob's bio) of the Schaller Law Firm

Bob is a member of the National Bankruptcy College Attorney Network, American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys.

I encourage you to SUBSCRIBE to this blog by completing the box to the right of this post so you will automatically receive future blog postings. Next, you can review past and future blogs at any time by clicking the "archive" link in the column to the right of this posting. Plus, you are invited to submit a question by utilizing the "question" box in the column to the right of this posting.


For information about Chapter 7 bankruptcy Click Here

For information about Chapter 13 bankruptcy Click Here

You are invited to contact Attorney Schaller at 630-655-1233 or visit his website at http://www.schallerlawfirm.com/to learn about how the bankruptcy laws can help you.

NOTE: Robert Schaller looks forward to the opportunity to talk with you about your legal issues. But please remember that all information on this blog is for advertising and general informational purposes only. Please read Bob's disclaimer.

I recommend that you review a few other blogs that may be of interest to you. These blogs are identified in the right column and are set forth below: bankruptcy issues blog; bankruptcy and family law issues blog; bankruptcy and employment issues blog; and bankruptcy and student loan issues blog.

Associate Attorney Spared Prison for Insider Trading

Former Paul Hastings tax associate Eric A. Holzer on Tuesday was spared a prison term for trading on inside information on two corporate transactions in 2005. The guidelines called for a sentencing range of between 12 and 18 months in prison, but Southern District of New York Judge Victor A. Marrero said he agreed with the probation department's assessment that this was "a good person who made a terrible mistake" and ordered Holzer to spend nine months in a halfway house.  Source New York Law Journal.

Warmest Regards,

Bob Schaller


Your Bankruptcy Advisor Blog
By: Attorney Robert Schaller (Bob's bio) of the Schaller Law Firm

Bob is a member of the National Bankruptcy College Attorney Network, American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys.

I encourage you to SUBSCRIBE to this blog by completing the box to the right of this post so you will automatically receive future blog postings. Next, you can review past and future blogs at any time by clicking the "archive" link in the column to the right of this posting. Plus, you are invited to submit a question by utilizing the "question" box in the column to the right of this posting.


For information about Chapter 7 bankruptcy Click Here

For information about Chapter 13 bankruptcy Click Here

You are invited to contact Attorney Schaller at 630-655-1233 or visit his website at http://www.schallerlawfirm.com/to learn about how the bankruptcy laws can help you.

NOTE: Robert Schaller looks forward to the opportunity to talk with you about your legal issues. But please remember that all information on this blog is for advertising and general informational purposes only. Please read Bob's disclaimer.

I recommend that you review a few other blogs that may be of interest to you. These blogs are identified in the right column and are set forth below: bankruptcy issues blog; bankruptcy and family law issues blog; bankruptcy and employment issues blog; and bankruptcy and student loan issues blog.

Bad Time to Be a Law Student

Considering the way law firms have been shedding attorneys and staffers, it's hardly a surprise that being a summer clerk this year wasn't exactly the full five-star experience the summer class of 2009 may have dreamed about in law school. Instead of being courted and catered to, this year's summer class came face to face with the rough realities of the continuing economic downturn.


It is a scary time to be a law student. One indication of just how scary: The number of summer clerks who said they expected to receive full-time job offers was down sharply, according to our survey, while anecdotal evidence culled from respondents' answers to open-ended questions suggested that stress and anxiety levels were up.

Almost half of this year's summer class said they weren't sure whether they would get full-time offers from their firms, compared to just 17 percent last year and 12 percent in 2007. Many of the rising 3Ls expressed deep frustration -- and in some cases outright panic -- over being kept in the dark about firms' hiring plans.

With the recession already in effect by mid-2008, last year's summers were more nervous than those in prior years. Summer supervisors say that worries were even more pronounced this year. That may have had the effect of making the 2009 summers a bit more competitive and less collegial.


Warmest Regards,

Bob Schaller


Your Bankruptcy Advisor Blog
By: Attorney Robert Schaller (Bob's bio) of the Schaller Law Firm

Bob is a member of the National Bankruptcy College Attorney Network, American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys.

I encourage you to SUBSCRIBE to this blog by completing the box to the right of this post so you will automatically receive future blog postings. Next, you can review past and future blogs at any time by clicking the "archive" link in the column to the right of this posting. Plus, you are invited to submit a question by utilizing the "question" box in the column to the right of this posting.


For information about Chapter 7 bankruptcy Click Here

For information about Chapter 13 bankruptcy Click Here

You are invited to contact Attorney Schaller at 630-655-1233 or visit his website at http://www.schallerlawfirm.com/to learn about how the bankruptcy laws can help you.

NOTE: Robert Schaller looks forward to the opportunity to talk with you about your legal issues. But please remember that all information on this blog is for advertising and general informational purposes only. Please read Bob's disclaimer.

I recommend that you review a few other blogs that may be of interest to you. These blogs are identified in the right column and are set forth below: bankruptcy issues blog; bankruptcy and family law issues blog; bankruptcy and employment issues blog; and bankruptcy and student loan issues blog.

Tuesday, September 29, 2009

Loss of Legal Jobs

According to the U.S. Department of Labor, in 2008, the legal services section of the US economy (which includes lawyers, paralegals, and legal assistants) shed approximately 6,800 jobs.  In the first quarter of 2009, the legal services section has lost an additional 10,300 jobs.  It seems that with each passing day, another law firm announces additional layoffs or cost-cutting measures.  Source. CBA Record, September 2009.

Warmest Regards,

Bob Schaller


Your Bankruptcy Advisor Blog
By: Attorney Robert Schaller (Bob's bio) of the Schaller Law Firm

Bob is a member of the National Bankruptcy College Attorney Network, American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys.

I encourage you to SUBSCRIBE to this blog by completing the box to the right of this post so you will automatically receive future blog postings. Next, you can review past and future blogs at any time by clicking the "archive" link in the column to the right of this posting. Plus, you are invited to submit a question by utilizing the "question" box in the column to the right of this posting.


For information about Chapter 7 bankruptcy Click Here

For information about Chapter 13 bankruptcy Click Here

You are invited to contact Attorney Schaller at 630-655-1233 or visit his website at http://www.schallerlawfirm.com/to learn about how the bankruptcy laws can help you.

NOTE: Robert Schaller looks forward to the opportunity to talk with you about your legal issues. But please remember that all information on this blog is for advertising and general informational purposes only. Please read Bob's disclaimer.

I recommend that you review a few other blogs that may be of interest to you. These blogs are identified in the right column and are set forth below: bankruptcy issues blog; bankruptcy and family law issues blog; bankruptcy and employment issues blog; and bankruptcy and student loan issues blog.

Monday, September 21, 2009

Invitation to Readers

Welcome to my blog! I am attorney Robert Schaller and I have designed this blog to communicate general bankruptcy information to you with a special emphasis on employment.  The blog serves two goals.  First, I will blog regarding the general state of employment in the legal profession.  Second, I will also blog regarding the inverse relationship between a deteriorating employment market and the increase in bankruptcy filings.

You can find three types of assistance with this blog. First, you can SUBSCRIBE to this blog by completing the box to the right of this post. By doing so, you will be receiving automatically interesting and timely bankruptcy information in each of my future blog postings. Second, you can review past and future blogs at any time by clicking the "archive" link in the column to the right of this posting. Third, you are invited to submit a question by utilizing the "question" box in the column to the right of this posting.

I look forward to a mutually beneficial relationship with you.

Warmest Regards,

Bob Schaller


Your Bankruptcy Advisor Blog
By: Attorney Robert Schaller (Bob's bio) of the Schaller Law Firm

Bob is a member of the National Bankruptcy College Attorney Network, American Bankruptcy Institute and the National Association of Consumer Bankruptcy Attorneys.

I encourage you to SUBSCRIBE to this blog by completing the box to the right of this post so you will automatically receive future blog postings. Next, you can review past and future blogs at any time by clicking the "archive" link in the column to the right of this posting. Plus, you are invited to submit a question by utilizing the "question" box in the column to the right of this posting.


For information about Chapter 7 bankruptcy Click Here

For information about Chapter 13 bankruptcy Click Here

You are invited to contact Attorney Schaller at 630-655-1233 or visit his website at http://www.schallerlawfirm.com/to learn about how the bankruptcy laws can help you.

NOTE: Robert Schaller looks forward to the opportunity to talk with you about your legal issues. But please remember that all information on this blog is for advertising and general informational purposes only. Please read Bob's disclaimer.

I recommend that you review a few other blogs that may be of interest to you. These blogs are identified in the right column and are set forth below: bankruptcy issues blog; bankruptcy and family law issues blog; bankruptcy and employment issues blog; and bankruptcy and student loan issues blog.