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As some companies begin to rebuild stocks, the impact could wash through the economy for a few more months, adding jobs and moderating the overall decline. Then the underlying weakness of the economy will probably reassert itself, say experts. After years of borrowing against homes and cashing in stock to spend in excess of their incomes, many Americans are tapped out. Austerity and saving have replaced spending and investment in many households, constraining the economy. As many Americans transition from living on home equity loans to sustaining themselves on paychecks, weekly pay continues to effectively shrink: Over the last year, average hourly earnings for rank-and-file workers - some 80 percent of the labor force - have increased by 2.5 percent. But average weekly earnings have expanded by only 0.7 percent, less than the increase in the cost of living, because employers have slashed working hours. In September, the average workweek edged down by one-tenth of an hour, to 33 hours. For those out of work, the job market looks harsher now than at any point in the recession. The number of people who have been jobless for more than six months increased in September by 450,000, reaching 5.4 million. "We have a truly massive crisis of long-term unemployment," said Christine L. Owens, executive director of the National Employment Law Project in a statement, adding that nearly 400,000 jobless people had exhausted their unemployment benefits by the end of September. "Today's employment report is a marching order for Congress to pass unemployment benefit extensions to all states, quickly." The first signs of improvement are likely to be seen among temporary workers, say experts, as companies now hunkering down in the face of uncertain prospects take tentative steps to expand. But temporary help services lost 1,700 jobs in September. "Companies are extremely cautious," said Roy G. Krause, chief executive of Spherion, a recruiting and staffing comp

As some companies begin to rebuild stocks, the impact could wash through the economy for a few more months, adding jobs and moderating the overall decline. Then the underlying weakness of the economy will probably reassert itself, say experts. After years of borrowing against homes and cashing in stock to spend in excess of their incomes, many Americans are tapped out. Austerity and saving have replaced spending and investment in many households, constraining the economy. As many Americans transition from living on home equity loans to sustaining themselves on paychecks, weekly pay continues to effectively shrink: Over the last year, average hourly earnings for rank-and-file workers - some 80 percent of the labor force - have increased by 2.5 percent. But average weekly earnings have expanded by only 0.7 percent, less than the increase in the cost of living, because employers have slashed working hours. In September, the average workweek edged down by one-tenth of an hour, to 33 hours. For those out of work, the job market looks harsher now than at any point in the recession. The number of people who have been jobless for more than six months increased in September by 450,000, reaching 5.4 million. "We have a truly massive crisis of long-term unemployment," said Christine L. Owens, executive director of the National Employment Law Project in a statement, adding that nearly 400,000 jobless people had exhausted their unemployment benefits by the end of September. "Today's employment report is a marching order for Congress to pass unemployment benefit extensions to all states, quickly." The first signs of improvement are likely to be seen among temporary workers, say experts, as companies now hunkering down in the face of uncertain prospects take tentative steps to expand. But temporary help services lost 1,700 jobs in September. "Companies are extremely cautious," said Roy G. Krause, chief executive of Spherion, a recruiting and staffing comp

Suits for Unpaid Legal Fees in Top 10 for Stupidity, Lawyer Says Posted Sep 30, 2009, 07:06 am CDT By Debra Cassens Weiss A lawyer who represents a company sued for unpaid legal fees says such claims aren't a good idea. Lawyer Warren Trazenfeld represents Whitney Information Network, sued by the Florida law firm Rothstein Rosenfeldt Adler, allegedly for failing to pay more than $400,000 in legal bills, the Daily Business Review reports. Trazenfeld told the publication he is planning to file a malpractice counterclaim. Suing a client is "one of the top 10 stupidest things a lawyer can do," he said. The story asserts the case is one of a growing number of instances in which law firms are suing clients for unpaid bills. "Most clients think the best defense is a good offense, and there's no better offense than a counterclaim for legal malpractice," Trazenfeld told the Daily Business Review. Another law firm that recently filed suit for unpaid fees is Ruden McClosky, the story says. Last week the firm filed suit claiming nearly $40,000 in unpaid legal bills by the father of retired pro quarterback Bernie Kosar. Ruden managing director Carl Schuster acknowledged that some malpractice claims have merit, but said clients often file them as a settlement tool in fee cases. "They obviously haven't paid the bill so that's not a defense, so they have to think up a defense," he told the Daily Business Review.

[Uh, also in the top 10 would be allowing a client to run up a $400,000 tab in these troubled times.] Suits for Unpaid Legal Fees in Top 10 for Stupidity, Lawyer Says Posted Sep 30, 2009, 07:06 am CDT By Debra Cassens Weiss A lawyer who represents a company sued for unpaid legal fees says such claims aren't a good idea. Lawyer Warren Trazenfeld represents Whitney Information Network, sued by the Florida law firm Rothstein Rosenfeldt Adler, allegedly for failing to pay more than $400,000 in legal bills, the Daily Business Review reports. Trazenfeld told the publication he is planning to file a malpractice counterclaim. Suing a client is "one of the top 10 stupidest things a lawyer can do," he said. The story asserts the case is one of a growing number of instances in which law firms are suing clients for unpaid bills. "Most clients think the best defense is a good offense, and there's no better offense than a counterclaim for legal malpractice," Trazenfeld told the Daily Business Review. Another law firm that recently filed suit for unpaid fees is Ruden McClosky, the story says. Last week the firm filed suit claiming nearly $40,000 in unpaid legal bills by the father of retired pro quarterback Bernie Kosar. Ruden managing director Carl Schuster acknowledged that some malpractice claims have merit, but said clients often file them as a settlement tool in fee cases. "They obviously haven't paid the bill so that's not a defense, so they have to think up a defense," he told the Daily Business Review.

These two scumbags made the big-time national news when this happened. Machnick and her husband were tried for felony child abuse in 2002. Jury deadlocked. In 2005, facing re-trial, Machnick pled "nolo contendere" (equivalent to guilty) to misdemeanor child abuse in a plea bargain and received 120 days community service. Their child was in junior high, and Machnick was a public school principal in Walnut. When this broke, she got promoted to "administration" so she would have "no contact with children"...  top aide on leave after child abuse allegations surface Comments 11 | Recommend 2 March 20, 2010 11:32 AM Natasha Lindstrom VICTORVILLE * The Victor Valley Union High School District has placed the superintendent's top aide on paid leave after officials discovered she was charged with abusing her teenage stepson 10 years ago, including taking nude photographs of him and forcing him to carry dog feces in his backpack. Deborah Machnick, 54, joined the district in September 2007 as director of curriculum and instruction and was appointed special assistant to the superintendent six months ago. Machnick was placed on leave March 11 after a district employee tipped off officials about prior child-abuse charges, Superintendent Marilou Ryder confirmed. "To be clear now, during her employment there's been absolutely no complaints or any proof of misconduct at all, but we have certain information that we were obligated to investigate," Ryder said. Prosecutors alleged Machnick and her husband, Grady Machnick, a former Los Angeles County Sheriff's sergeant, emotionally and physically abused their then-14-year-old son at their residence in Yorba Linda, the Los Angeles Times reported in 2002. To discipline the unruly boy, the couple allegedly forced him to sleep outside on a dog mat, prevented him from using the bathroom at night and poured water on him as he slept, the Times reported. The boy was forced to "earn" clean clothes, according to the Time

A survey of more than 50 law firms conducted by the PricewaterhouseCoopers accounting firm found that legal work and law firm profits increased during a three-month period that ended on July 31, in part due to internal cost-cutting by the partnerships, reports the Law Society Gazette. Although certain practice areas, such as real estate, still are struggling, others, such as corporate and mergers and acquisitions, are recovering, David Thurkettle tells the British legal publication. He is a senior director in PwC's professional partnerships group. "Firms have weathered the storm in the main. They have got through the cost and the financial pain, and are now reaping the rewards," he says of the survey results, which he believes are probably representative of the situation at other law firms, too. "The view here is that, if you took a basket of different law firms, most of them are over the worst in terms of activity levels."