Word: legal
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...least one profession for which the recession might not bite: dentistry. According to Sageworks, a firm that tracks private-company financial performance, dentists' offices had higher profit margins than any other industry in 2008. With average profit margins at 17%, dentistry outpaced accounting, tax preparation, bookkeeping and payroll services, legal services and mining support services among the top five performing professions in '08. Dental margins rose about 1.5% from 2007, according to Sageworks. (Read "25 People to Blame for the Financial Crisis...
...year, they estimated, acknowledging that the actual figure was probably substantially higher. They couldn't nail down numbers for private-equity firms, hedge funds and other money-management outfits but concluded that their ranks and compensation had grown dramatically. The country's big law firms, many of them legal remoras attached to Wall Street, accounted for thousands more high earners. (See pictures of TIME's Wall Street covers...
Following decades of debate over the nation's wartime history, France's highest judicial body has formally ruled that the French state bears moral and legal responsibility for the deportation of nearly 76,000 Jews during the nation's WWII occupation. In doing so, the court officially recognized the willful participation of France's collaborationist Vichy government in anti-Semitic persecution that had long been attributed to Nazi occupying powers...
...definitively buries historical interpretations rooted in the post-war reconciliation period. The common view, which has endured for decades, held that it was the Nazis who mistreated and deported France's Jews, or forced their French collaborators to. "This is a very satisfying ruling for me, in that it legally refutes the notion that the Vichy regime and the acts it committed were entirely the responsibility of German occupiers," says Serge Klarsfeld, France's leading Holocaust historian and Nazi hunter, whose own father perished in German camps. "What this says in legal terms is that as much as France...
...Yesterday's ruling goes further. "While [Chirac's] speech was so important to France and her Jews by finally stating an historic truth, the ruling by the Conseil d'Etat is also crucial, because it now sets that down in stone in legal terms," Klarsfeld explains...