The American Bar Association cannot find a non-attorney on Senator Obama's transition team, leading them to speculate on How an Obama Presidency May Benefit Lawyers
Lawyers in diverse practice areas ranging from labor law to bankruptcy are likely to benefit from legal changes that could be made during the Obama administration.
Lawyers can expect more regulations in banking and health care, fewer restrictions on lawsuits, more real estate lending and a pro-labor tilt, according to business development consultant Larry Bodine. Lawyers who spoke to the American Lawyer also predict fewer bankruptcy restrictions and raise the possibility of job protections based on sexual orientation.
"The first thing we do, let's kill all the lawyers." At least Rahm Emmanuel isn't a lawyer (of course, there could be other reasons not to like him). Not technically part of the transition team, I know, but arguably the second most important person in the administration.
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