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The CotoBuzz Journal Community Journalism, Newsletters and Blogs Covering South Orange County, CA The CotoBuzz Journal is a member of Investigative Reporters and Editors (IRE) and NAHJ |
SEPTEMBER 2007 ISSUE We do not make jokes, we simply watch the LA Times, the Orange County Register and the Coto de Caza Board of directors and report the facts!
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The (Coto de Caza) Outsourcing of Decision Making and the $1,000.00/hr lawyers August 25, 2007 The August 22, 2007 issue of the Wall Street Journal reports that hourly lawyer rates are increasingly hitting what was once considered a taboo level: $1,000 per hour. "A few attorneys crossed into $1,000 per hour billing before this year, but recent moves to the four-figure mark in New York, which sets trends for legal markets around the country, are seen as significant turning point", writes the WSJ's Nathan Koppel.
The
article goes on to report that as of September 1,
Simpson Thatcher & Bartlett LLP will raise its top
rates to more than $1,000 from $950, whereas the top
biller at New York’s Caldwalader. Wickersham &
Taft LLP got up to the $1,000 mark earlier this year. Of
course, what can you expect not only from an
inbreeding program that is increasingly being used as
decision making service provider by either lazy,
incompetent or otherwise un-interested executives? Is there any doubt that the California Bar not only cuddles
its own, but also throttles the number of lawyers
joining its ranks?
- The
$1,000 rate in California is not too far away
- Or what about executives hiding
behind the “legal veil” to avoid transparency
and/or accountability?
Wit the Laguna Woods Village argument that
“there is no such thing as
valid CC&Rs, in spite of what the Title Company
has to say”. As
some one who manages a business dealing with attorneys
in many countries, I can tell all that we set our
goals and objectives and then instruct our attorneys
to do the legal work to make them happen. When
necessary, while it is never our intention to break
the law, and we obviously don’t want to put
something in place that will cause litigation, we can
and do take prudent business risk. However, as
President of a company, ultimately it is me calling
the shots not our attorneys. Specific
to CZ and User Fees and charges for non-CZ Members,
the CZ Board first needs to understand the fully
loaded cost of doing business which I know is not the
case today. We then need to recognize that The
Estates and Village people, who pay no CZ dues, represent
11% of the residents of CZ impacting our security, major street and
property management cost. In addition to
them, non-members who come into Coto to play on our
fields, ride horses on our trails and at the
Equestrian Center and golf at the Country Club also
impact CZ expenses. One way or another,
the CZ Board should work with CZ’s attorney to
devise legally defensible ways to charges non-members
fees and charges reflecting the expense they cause the
Association. I do not accept the silly notion
that “subsidies are a cost of doing business”.
Subsidies are instead a conscious decision by the CZ
Board assuming they are permitted to occur. I
have provided many ideas to end subsidies.
Subsidies are the reason we experienced the two Varo/Mezger
dues increases. The next dues increase will be
called the Zipperman/Yocham increase so if these Board
Members do not want the label; they better act to end
the subsidies. JM - former CZ board member
RELATED STORIES Chuck
Chuckles: Senator Schumer, That is Pssst,
Can I Interest You In a Lawyer? Lawyer
seeking condominiums' business goes over the line CONDOMINIUMS
ARE A GREAT INVESTMENT- FOR LAWYERS Pssst,
Can I Interest You In a Lawyer? Mirror,
mirror on the wall, who is the fairest gladiator of
them all? The
Scrutiny of Lawyers
QUESTION:
How can we start recall paperwork ..to have (Jerry)
Mezger removed? - from CZ Master Association Board of
Directors Coto
de Caza General Board Meeting Minutes The
CotoBuzz Journal - August 2007 The
Fertilizer Option- Good Enough For London and For
NYCXIs Coto de Caza Mindless, or In a NY State of
Mind- Think of it as a fertilizer option for commuters CZ
Losers!: Here is a little something to remember me by
- the Estates and the Villages Trigo
Trail Trailed Trimming Triggered By Board Temper
Tantrum Coto
de Caza Subsidies, the Call of the Wild a way Forward?
- August 19, 2007 Should
I stay or should I go - in/from my HOA? X The
New Seven, err... Eight Wonders of the World Casta
Courier Coverage of Unhappy Campers at Leisure World The
Fertilizer Option- Good Enough For London and For
NYCXIs Coto de Caza Mindless, or In a NY State of
Mind- Think of it as a fertilizer option for commuters Trigo
Trail Trailed Trimming Triggered By Board Temper
Tantrum
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