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Wednesday, June 17, 2009

The Little Black Book: Creating a Marketing Habit in 21 Days

The Little Black Book: Creating a Marketing Habit in 21 Days

Paula Black's Little Black BookFor the next 48 hours Paula Black will be offering an impressive opportunity to anyone who purchases "The Little Black Book: A Lawyer's Guide To Creating A Marketing Habit in 21 Days." Readers who purchase the book will receive "The Smart Lawyer's Toolkit," a compilation of advice from more than 30 of the most sought-after experts in the legal arena (including myself!). Click here for details.

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Fuente:Larry Bodine
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Diplomado en "Responsabilidad Social Empresarial" de la ONU
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Oficina: Renato Sánchez 3586 of. 10
Teléfono: OF .02- 2451113 y  8854223- CEL: 76850061
e-mail: rogofe47@mi.cl
Santiago- Chile
Soliciten nuestros cursos de capacitación  y consultoría en LIDERAZGO -  GESTION DEL CONOCIMIENTO - RESPONSABILIDAD SOCIAL EMPRESARIAL – LOBBY – ENERGIAS RENOVABLES   ,  asesorías a nivel nacional e  internacional y están disponibles  para OTEC Y OTIC en Chile

Posted on June 17, 2009 by Larry Bodine

Blogger Not Surprised that Black Lawyer was Hired as "Marketing Tool"

Heather Milligan, law firm marketing, marketing directorFormer associate Venus Yvette Springs, an African-American lawyer at Mayer Brown's Charlotte, N.C., office has filed a Title VII discrimination suit that claims the law firm used her as a "marketing tool" before firing her in 2008.

So what? says Heather M. Milligan, Director of Marketing at Barger & Wolen in Los Angeles, and author of The Legal Watercooler. She derided  the claims in the lawsuit, saying, "I hate to break the news to anyone reading this: EVERY lawyer in the firm is a potential "marketing tool" for the marketing department."

Springs, a magna cum laude graduate of Duke Law School, alleges that when she was hired in 2007 there were only two other African-Americans at the firm's Charlotte office and no others in the real estate practice group where she worked. (For a copy of the complaint, visit Above the Law).

"Springs was hired, in whole or in part, because the Charlotte office needed to increase its number of African-American attorneys," the suit says. "Upon information and belief, firm documents refer to the hiring of an African-American as a 'marketing tool.' Springs was used as a marketing tool, asked to attend on behalf of Mayer Brown bar and other functions where diversity would be perceived as a positive."

Springs says she was fired despite high marks from her superiors in part to make way for a white female employee hired to bring in business from Bank of America. Above the Law reported that there were significant layoffs at Mayer Brown in November. Charlotte and New York were hit hard when the firm let go of 33 attorneys just before Thanksgiving. Mayer Brown said in a statement that they believe her claims have no merit.

"Grow up," Milligan wrote. "We're all tools of the firm because we are part of the firm's success or lack thereof (yes, even I am a tool of the firm). "I hate to break the news to anyone reading this: EVERY lawyer in the firm is a potential "marketing tool" for the marketing department.

 
  • You write well? I'm making you editor of the blog. Tool.
  • You speak well? You are off to that conference. Tool.
  • You present well? You are representing the firm at the exhibit hall table at the industry conference. Tool.
  • You social?? I'm sending you to any and every cocktail party, table of ten I need to fill. Tool.

"We all have a role to play. Those who embrace these roles will find success within the firm's political structure, and through their business development efforts. Those who reject it ... well, good luck finding a new job once your lawsuit hits the Internet."

 


Fuente:Larry Bodine
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www.el-observatorio-politico.blogspot.com
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Oficina: Renato Sánchez 3586 of. 10
Teléfono: OF .02- 2451113 y  8854223- CEL: 76850061
e-mail: rogofe47@mi.cl
Santiago- Chile
Soliciten nuestros cursos de capacitación  y consultoría en LIDERAZGO -  GESTION DEL CONOCIMIENTO - RESPONSABILIDAD SOCIAL EMPRESARIAL – LOBBY – ENERGIAS RENOVABLES   ,  asesorías a nivel nacional e  internacional y están disponibles  para OTEC Y OTIC en Chile

Green Shoots? Not So Fast...

Indicia:

  • Is This Bull Cyclical or Secular in the WSJ, which contains the following observations as well as the following chart:

    • Many investors are now calling the rebound in stocks since early March the start of a new bull market. But it could be only a temporary respite from a longer-term bear market dating back to the beginning of this decade.[...]

      Historical data and the still struggling economy seem to point to the latter case, called a cyclical bull market in a secular bear market.

    • In late 2001, Ned Davis Research, a market analysis and money-management firm, raised the idea that stocks had entered a secular bear market, a long period of flat or declining stocks. That idea gained traction last autumn as stocks fell below levels of a decade ago [and the firm now] considers this the fourth secular bear market since 1900. The last one, from 1966 to 1982, ended when the Federal Reserve moved to aggressively crush inflation.

      Ned Davis Chart

      These "secular" cycles run for long periods; secular bull markets have lasted from six to 24 years and bear markets 13 to 16 years.

      [They also say] the rise in stocks since March 9 qualifies as a bull market, but [not] as marking a transition into a new secular rally. That is in part because, according to the firm's calculations, market valuations didn't fall far enough during the sell-off.

      [Based on Ned Davis' calculations], the S&P fell to a P/E of roughly 12 in early March and is now just shy of 16, which compares to a 40-year median of 16.5.

      "You compare that to the 1970s where we got down to P/Es below 10 and stayed there until 1982," says Tim Hayes, chief investment strategist at Ned Davis. The current secular bear market, he says, "is mature but it can go on for another several years." [...]  For now, at least, those who think this is the beginning of a long-lasting bull market are few and far between.

      BullBear

  • The ever-verbal Paul Krugman (I refrain from characterizing him further, even though he's a Nobel Prize winner from the Princeton economics department, which alone should put me in the blindly celebratory camp), wrote in today's Times under the heading Stay the Course, that it's far too soon to declare victory over the economic downturn and that those who believe "the economy is already turning around" "should be ignored" because at best the recovery policies "have pulled us a few inches back from the edge of the abyss."  He believes we're at profound risk of falling into the notorious "liquidity trap"--think Japan in the 1990's.  ("Liquidity Trap 101:"  When a country's nominal interest rate has been lowered to or nearly to zero without resulting in appreciable stimulus.  Since interest rates cannot go into negative territory, monetary policy is thus exhausted and a deflationary mindset can set in.  It ain't pretty.)

  • Far more impressively, Wharton Business School (Are Happy Days Here Again?) says, among other things:

    • Several Wharton experts express fairly pessimistic views about the recovery -- predicting that positive growth may not be here yet, and that even when it does arrive, it will probably take several years for employment rates to return to so-called normal levels. Even if the U.S. gross domestic product turns positive by the end of 2009, they note, the American economy will remain close to the bottom of the large trough that began in late 2007, with a long way to climb for jobs, home prices and other key economic indicators just to get back to where they were.

      "Many of the underlying problems remain -- and we still haven't seen the worst in terms of consumer problems."  It gets worse:

      • 12% of US homeowners are behind on their mortgages or in foreclosure
      • Consumer credit card debt may be the next shoe to drop
      • Commercial real estate hasn't even begun to come out of its swoon
      • The country as a whole is over-store'd and over-mall'd
      • Wharton finance professors tend to believe more banks need to fail.  In this regard, it's interesting that the "stress test" assumed under the worst case that unemployment would hit 8.9% this year.  Of course, it's already at 9.4% and (for my money) headed to double digits.
      • "Structural" joblessness may linger even when some leading indicators turn positive.  According to the BLS, 27% of the country's 12.5-million unemployed have been jobless for more than six months.  If sectors such as manufacturing, including the 800-pound gorilla in that sector, autos, don't recover to where they were, "many people in their late forties and early fifties may never get jobs again."
      • Consumer savings rates are now at 4.2% vs  0.9% in 2004 through 2007. 

  • Then we have the enormous question of whether interest rates will rise as investors (see:  China) decide that spiralling federal deficits as far as the eye can see demand higher returns.  Higher interest rates are of course the worst of all possible worlds at the moment:  Cyclically reinforcing higher deficits at the same time they tamp down what private sector investment may be left.  US Treasuries yields are currently at a six-month high (the 30-year bond is above 4.5% whereas as recently as January it was at 2.5%--an 80% rise).

  • Finally, permit me to add my own favorite risk:  That we are embracing "too big to fail," and that we will adopt such a super-precautionary regulatory structure that we will end up getting neither "destruction" nor "creativity" in our financial system. If we go down that politically tempting and incumbent-friendly path, we will delay our recovery by untold years and its vigor by the stunting or loss of unknowable innovations.

And yet.

As I talk to senior law firm leaders domestically and abroad--I am chastened to report--one of the most widespread sentiments I hear is, "We're coming out of the woods.  Aren't we?  Aren't we??"

To be sure, I understand the strong, almost desperate, desire to hope that a return to the good old days is just around the corner.  Life was simple; life was good. 

Yet the more I see first- and second-hand of organizations in distress, the more pivotal I believe is the power of collective denial.

Do we need to fundamentally re-examine our business model?  Can leverage grow to the sky?  Will clients huff and puff about rate increases but ultimately (and quickly, in fact) submit?  We prefer the easy and familiar answers to these questions, not the clear-eyed and unblinking answers.

Medicine teaches that in the human body pain serves a purpose; it alerts us to something that needs to be attended to. 

Perhaps our world is not so different.  And fundamentally denying the message that pain may indicate the need for some change leads to the antithesis of a cure.  The morphine drip, the third glass of wine, the wishing and hoping for a return to "normal," the espying of "green shoots" while the thunderheads are rising:  None of these is healthy. 

Have I become the anti-optimist, then?  Au contraire.  Few things are more certain in my mind than the long-run demand for sophisticated, bespoke, and yes, costly, legal services:

  • Globalization is not ending, it's accelerating.
  • Worldwide capital flows have not stopped, they're sluicing in new directions.
  • Cross-border projects will grow.
  • Regulatory regimes are not getting simpler, they're getting more complex.
  • And yes, financial innovation will--I promise you--return.

But I'm a worried optimist, and right now the emphasis is on "worried."   I'm worried that we're not doing enough to remodel our firms for the post-Cravath System order.  I'm worried that we will not get serious about re-inventing the seriously broken associate career path model.  I'm worried that we will scurry back to the familiar dominance of the billable hour without thoughtful and heartfelt experimentation with alternative billing.  I'm worried that we will embrace complacency.  I'm worried that we will face the New Normal with a resolute stance of denial.

Joseph Schumpeter taught us that the genius of capitalism is creative destruction.  Too many of us are focused exclusively, paralyzingly, on destruction.  To accelerate the dawn, we need to focus on creativity.

Bernanke

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Fuente:adamsmithesq.
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CONSULTEN, OPINEN , ESCRIBAN .
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Rodrigo González Fernández
Diplomado en "Responsabilidad Social Empresarial" de la ONU
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www.consultajuridica.blogspot.com
www.el-observatorio-politico.blogspot.com
www.lobbyingchile.blogspot.com
www.calentamientoglobalchile.blogspot.com
www.respsoem.blogspot.com
Oficina: Renato Sánchez 3586 of. 10
Teléfono: OF .02- 2451113 y  8854223- CEL: 76850061
e-mail: rogofe47@mi.cl
Santiago- Chile
Soliciten nuestros cursos de capacitación  y consultoría en LIDERAZGO -  GESTION DEL CONOCIMIENTO - RESPONSABILIDAD SOCIAL EMPRESARIAL – LOBBY – ENERGIAS RENOVABLES   ,  asesorías a nivel nacional e  internacional y están disponibles  para OTEC Y OTIC en Chile

Court Withdraws Ruling Over Judge's Conflict

Court Withdraws Ruling Over Judge's Conflict

The Washington Supreme Court has withdrawn a landmark ruling in a public records case in response to complaints that the opinion could benefit a separate lawsuit filed by one of the justices who decided the case. The court issued a one-page order withdrawing its earlier ruling and saying that the case will be scheduled for a new round of oral arguments "in due course." Sanders

According to the Seattle Times, Supreme Court Justice Richard B. Sanders (pictured) wrote the majority opinion in a case that capped a 12-year quest by Armen Yousoufian to obtain documents from King County about public funding of Qwest Field. The opinion concluded that $124,000 in fines and $88,000 in attorneys' fees ordered against the county by a lower court were not nearly enough. Sanders said the fines against the county for withholding documents should have approached $100 a day, which could add up to as much as $900,000.

But the county's lawyers complained that Sanders had a conflict of interest... [MORE]

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Posted by Robert J. Ambrogi on June 17, 2009


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CONSULTEN, OPINEN , ESCRIBAN .
Saludos
Rodrigo González Fernández
Diplomado en "Responsabilidad Social Empresarial" de la ONU
Diplomado en "Gestión del Conocimiento" de la ONU
 
www.consultajuridica.blogspot.com
www.el-observatorio-politico.blogspot.com
www.lobbyingchile.blogspot.com
www.calentamientoglobalchile.blogspot.com
www.respsoem.blogspot.com
Oficina: Renato Sánchez 3586 of. 10
Teléfono: OF .02- 2451113 y  8854223- CEL: 76850061
e-mail: rogofe47@mi.cl
Santiago- Chile
Soliciten nuestros cursos de capacitación  y consultoría en LIDERAZGO -  GESTION DEL CONOCIMIENTO - RESPONSABILIDAD SOCIAL EMPRESARIAL – LOBBY – ENERGIAS RENOVABLES   ,  asesorías a nivel nacional e  internacional y están disponibles  para OTEC Y OTIC en Chile

Cloak-and-Dagger Justice

Cloak-and-Dagger Justice

Humphrey_Bogart2 Perhaps it was a dark and stormy night when Scott W. Stucky was sworn in as a judge of the U.S. Court of Appeals for the Armed Forces. It took place on a rain-slicked pier outside an abandoned warehouse. He wore a trenchcoat and a fedora with its brim turned down. A mysterious woman looked on, dressed all in black. The man who presided stood in a shadow, a diamond ear-stud reflecting a distant light.

Or perhaps not. But as Michael Doyle observes at the blog Suits & Sentences, Stucky is the latest federal judge to write an opinion in the hard-boiled noir style epitomized by authors such as Dashiell Hammett and Raymond Chandler. "There was something odd about the electric razor in the bathroom," the opinion begins. "[She] typically changed clothes in the bathroom and for the past year had felt that she was being watched, a feeling that she attributed to paranoia."

It is a style other judges have attempted, Doyle notes, with mixed results. The most notable judicial stab at noir came last year from Chief Justice John Roberts, in a dissent opposing a denial of writ of certiorari in Pennsylvania v. Dunlap. His dissent begins... [MORE]

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Posted by Robert J. Ambrogi on June 17, 2009


Fuente:
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CONSULTEN, OPINEN , ESCRIBAN .
Saludos
Rodrigo González Fernández
Diplomado en "Responsabilidad Social Empresarial" de la ONU
Diplomado en "Gestión del Conocimiento" de la ONU
 
www.consultajuridica.blogspot.com
www.el-observatorio-politico.blogspot.com
www.lobbyingchile.blogspot.com
www.calentamientoglobalchile.blogspot.com
www.respsoem.blogspot.com
Oficina: Renato Sánchez 3586 of. 10
Teléfono: OF .02- 2451113 y  8854223- CEL: 76850061
e-mail: rogofe47@mi.cl
Santiago- Chile
Soliciten nuestros cursos de capacitación  y consultoría en LIDERAZGO -  GESTION DEL CONOCIMIENTO - RESPONSABILIDAD SOCIAL EMPRESARIAL – LOBBY – ENERGIAS RENOVABLES   ,  asesorías a nivel nacional e  internacional y están disponibles  para OTEC Y OTIC en Chile

The One in Which Sonia Sotomayor Reverses Herself


The One in Which Sonia Sotomayor Reverses Herself

This is a tale of two class actions filed in one court, the 2nd U.S. Circuit Court of Appeals. In the first, Judge Sonia Sotomayor wrote the opinion that set a new standard for class certification. In the second, she joined the three-judge panel that expressly disavowed her first decision.

The first case, decided in 2001, was In re Visa Check/Mastermoney Antitrust Litigation. It was an antitrust case that sought certification of a class action on behalf of merchants against Visa and MasterCard. The trial court certified the class under Rule 23 of the Federal Rules of Civil Procedure and the credit card companies appealed.

The main issue on appeal was whether the report of the plaintiffs' expert was sufficient to support class certification. The defendants said the report was flawed and they objected to its use. Writing for the two-judge majority of the three-judge panel, Sotomayor affirmed the certification, holding that the standard of expert testimony for certification of a class is less than on the merits of a case. The testimony should be admitted, she said, as long as it is not "fatally flawed."

The district court correctly noted that its function at the class certification stage was not to determine whether plaintiffs had stated a cause of action or whether they would prevail on the merits, but rather whether they had shown, based on methodology that was not fatally flawed, that the requirements of Rule 23 were met.

Five years later, the 2nd Circuit again faced the question of the correct standard to apply in certifying a class action. This time, it was a securities case... [MORE]

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Posted by Robert J. Ambrogi on June 17


Fuente:
Difundan libremente  este artículo
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Saludos
Rodrigo González Fernández
Diplomado en "Responsabilidad Social Empresarial" de la ONU
Diplomado en "Gestión del Conocimiento" de la ONU
 
www.consultajuridica.blogspot.com
www.el-observatorio-politico.blogspot.com
www.lobbyingchile.blogspot.com
www.calentamientoglobalchile.blogspot.com
www.respsoem.blogspot.com
Oficina: Renato Sánchez 3586 of. 10
Teléfono: OF .02- 2451113 y  8854223- CEL: 76850061
e-mail: rogofe47@mi.cl
Santiago- Chile
Soliciten nuestros cursos de capacitación  y consultoría en LIDERAZGO -  GESTION DEL CONOCIMIENTO - RESPONSABILIDAD SOCIAL EMPRESARIAL – LOBBY – ENERGIAS RENOVABLES   ,  asesorías a nivel nacional e  internacional y están disponibles  para OTEC Y OTIC en Chile

CEP THE CHILEAN INFLATION TARGETING EXPERIENCE AND THE CHALLENGES AHEAD

THE CHILEAN INFLATION TARGETING EXPERIENCE AND THE CHALLENGES AHEAD
Vittorio  Corbo (Presenter)
Otros Documentos: 5 June 2009

Content
Ver contenido en Español
Presentation at a Conference "Ten Years of Inflation Targeting in Poland Compare with the Experience of other Countries", Organized by the National Bank of Poland, June 5-6, 2009.
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vcorbo_Poland_Conference-eng.pdf
Presentación en inglés realizada en el seminario
Other publications of the author
Vittorio  Corbo


Fuente:
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www.consultajuridica.blogspot.com
www.el-observatorio-politico.blogspot.com
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www.calentamientoglobalchile.blogspot.com
www.respsoem.blogspot.com
Oficina: Renato Sánchez 3586 of. 10
Teléfono: OF .02- 2451113 y  8854223- CEL: 76850061
e-mail: rogofe47@mi.cl
Santiago- Chile
Soliciten nuestros cursos de capacitación  y consultoría en LIDERAZGO -  GESTION DEL CONOCIMIENTO - RESPONSABILIDAD SOCIAL EMPRESARIAL – LOBBY – ENERGIAS RENOVABLES   ,  asesorías a nivel nacional e  internacional y están disponibles  para OTEC Y OTIC en Chile