Law Firms

Another Subprime Practice Group

The meltdown of the subprime mortgage market has enticed another law firm to create a practice group devoted to the resulting legal issues.

Patterson Belknap Webb & Tyler decided to create a subprime practice group after working on related matters for an insurance company, the National Law Journal reports. The insurer referred two hedge funds for legal work.

“The thought was: All right, this is becoming a significant practice, and let’s formalize what we’ve been doing,” said Philip Forlenza, a senior litigation partner on the team in New York. noted last week that subprime woes are creating a new practice area for lawyers.

Firm Loses Fee Appeal

Fire Illegal Workers, Or Else

We welcome your comments, but please adhere to our comment policy. Flag comment for moderator.

Commenting is not available in this channel entry.