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&lt;p&gt;&amp;bull;&amp;nbsp;&amp;nbsp; FinReg fighting the last war? &amp;ldquo;Unfortunately, the passage of the current &amp;lsquo;landmark reforms&amp;rdquo; doesn&amp;rsquo;t do anything to force the regulatory system to get ahead of the game. In fact, it does the opposite by focusing regulators on making sure there isn&amp;rsquo;t a reoccurrence of the last crisis. So we end up looking backwards and in our complacency will likely miss the next bubble and burst cycle.&amp;rdquo; (&lt;i&gt;Harvard Business Review&lt;/i&gt;)&lt;/p&gt;&lt;p&gt;&amp;bull;&amp;nbsp;&amp;nbsp; AG Holder: Justice Department is considering both criminal and civil penalties against those responsible for the Gulf oil spill disaster. An array of laws that might apply, including &amp;ldquo;traditional criminal statutes&amp;rdquo; and the Clean Water Act. (&lt;i&gt;National Law Journal&lt;/i&gt;)&lt;/p&gt;&lt;p&gt;&amp;bull;&amp;nbsp;&amp;nbsp; The AmLaw 100 Second Hundred firms struggled in 2009 under &amp;ldquo;the twin burdens of decreased transactional work and increased client sensitivity to litigation costs&amp;rdquo; yet had better year-over-year rates of growth than Am Law 100 firms. (&lt;i&gt;The American Lawyer&lt;/i&gt;)&lt;/p&gt;&lt;p&gt;&amp;bull;&amp;nbsp;&amp;nbsp; SEC has been pushing to bar Steven Rattner from working in the securities industry for up to three years (&lt;i&gt;NYT Dealbook&lt;/i&gt;)&lt;/p&gt;&lt;p&gt;&amp;bull;&amp;nbsp;&amp;nbsp; Skype as a lawyer&amp;rsquo;s office phone solution? (The Lawyerist) &lt;/p&gt;&lt;p align=&quot;right&quot;&gt;-posted by brian&lt;/p&gt;

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