Word: legality
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...that the boom years are over for Wall St. and the law firms it patronized, Nanda said that firms will need to start outsourcing many of their basic legal services and improve the quality and performance of their associates...
That system simply is not tenable in a tighter legal market, Nanda said...
...this system poses a typical adversarial cooperation problem for firms who fear that other firms might cheat the system by keeping the old methods in place and attracting the best recruits with a cushy compensation system. But Wilkins said that the financial crisis has placed sufficient pressure on the legal industry to make cooperative reform possible...
Extradition is the legal process by which one country returns a fugitive to another country where that person has been accused or convicted of a crime. It's often a lengthy and complicated procedure whose specifics are determined through treaties signed by individual governments. Generally, extraditions apply only crimes that exist in both countries, and to people hiding out in nations other than their own. (Governments almost never surrender their own citizens, hence Polaski's ability to evade arrest for over 30 years.) Political crimes are rarely extraditable because countries don't want to be accused of aiding a coup...
Even with a treaty, though, high profile extraditions can take years to complete. Hermine Braunsteiner Ryan was living in New York Cit? in 1964 when authorities discovered she had actually been a guard at Ravensbruck, a Nazi concentration camp. She was stripped of her U.S. citizenship but the slow legal process - both Germany and Poland wanted to extradite her - kept her in the the country until 1973, when she was finally sent to West Germany. And even though former Panamanian general Manuel Noriega finished his U.S. prison sentence in 2007, he still remains in jail while the legal system decides...