Using The Internet To Reduce The Costs Of Securities Practice - 11/13/2002

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2002 News and Press Releases

News News 2002


HEADLINE ARCHIVED:

Using The Internet To Reduce The Costs Of Securities Practice
By: Guy P. Lander and Christian Lucky, Davies Ward Phillips & Vineberg LLP.


S&P's The Review of Securities & Commodities Regulation, Vol. 35, No. 19; Pg. 237. November 13, 2002

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EXCERPT: The Author Provides a Roadmap for Internet Websites Relating to Securities Law, Regulations, and Related Material. The Internet changes rapidly, and the websites suggested below are just some of those available. Undoubtedly, new websites will emerge that may be easier to use or more comprehensive than the sites identified. Furthermore, in all likelihood, some of the sites I refer to here will close or, worse, be orphaned by their sponsors and not be updated. This raises a crucial caveat. Do not trust everything that you find on the web. Always be aware of three questions: Who administers the site? How comprehensive is the site? How current? This applies not only to privately administered sites but to some government-sponsored sites as well. For example, there are some state-agency websites that contain rules that the site administrators readily admit may not be current. That being said, the Internet is an important resource for the securities attorney and it should not ignored. First, the Internet reduces the cost of accessing the information a securities attorney needs. Second, the Internet offers search possibilities that printed resources do not. The ability to search discrete terms over a large database can be a tremendous advantage over books. Last, the Internet provides convenience because a large body of the materials necessary for a securities practice may be accessed from almost anywhere. …For securities class action litigation information and statistics and PSLRA disclaimers: http://securities.stanford.edu.

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