Has the indictment of Mayer Brown partner Joseph P. Collins sent “a chill down the spine” of transactional lawyers everywhere, as Collins’ defense lawyer said it should? Reactions are mixed. While one corporate partner speculated that Collins “may just be a bad apple,” another said the case would be watched closely in the darkening economic climate, adding, “When the economy takes a hit, there is a tendency to look for scapegoats to be taken out and shot.”
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