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Pew Research reports that more than 65% of all adults used social media every day in 2011 ' up from 61% in 2010. http://bit.ly/Vbqxeo. This expansive use of social media has created new sources of evidence. For lawyers to best assist their clients, they must better understand social media and how their clients share information on the Internet.
You don't need to devote hours every day to posting tweets and commenting on Facebook. But to get a better understanding of how social media works, you should spend some amount of time creating a Facebook page, Twitter account and LinkedIn connections and learn to communicate via text messaging as well as use whatever other Web tools your clients use.
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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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