Document Type
Article
Publication Date
2013
Abstract
This article examines how the role of transactional lawyers should change in the new world of shadow banking. Although transactional lawyers should consider the potential systemic consequences of their client's actions, their actions should be tempered by their primary duties to the client and by their responsibilities to the l,egal system more broadly.
Citation
Steven L. Schwarcz, Lawyers in the Shadows: The Transactional Lawyer in a World of Shadow Banking, 63 American University Law Review 157-172 (2013)
Library of Congress Subject Headings
Risk management, Banks and banking, Financial institutions, Money market, Risk assessment, Public finance
Included in
Banking and Finance Law Commons, Business Law, Public Responsibility, and Ethics Commons, Legal Ethics and Professional Responsibility Commons, Legal Profession Commons, Securities Law Commons
Available at: https://scholarship.law.duke.edu/faculty_scholarship/2875