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NOTE: This is the first of two articles about current dress codes in U.S. law firms. This first article sets forth the author's opinion on the 'hot-button' topic. The second article will present reaction and commentary from managing partners and firm leaders across the country.
Lawyers and law firm administrators are showing up for work dressed more and more casually these days. This trend is confirmed by The Remsen Report's July, 2007, Reader Survey that asked about dress codes in the legal profession. The topic also raised a flurry of discussion and some passionate opinions when I asked about it in online law marketing discussion forums.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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