Released on: October 17, 2008, 2:20 pm

Press Release Author: Tamia Johnson

Industry: Consumer Services

Press Release Summary: The current financial crisis has had many casualties which
are resulting in a record number of litigations.



Press Release Body: Toronto, CanadaEUR"October 13th, 2008 - Current financial situation
has led many companies into worst case scenarios as increasing number of
organizations are now faced with a choice to either shut shop or borrow funds to
stay afloat. What many experts are calling the worst economic situation since the
great depression of the 1930s has caused many casualties across every sector and
industry.

With so many companies going down under, several investigations have been launched
to check the day to day operations of these companies. Even relations between
companies who had entered into mergers & acquisition pacts have gone sour. As a
result, there is a record number of litigations not just in the financial sector but
in other sectors like natural gas, oil, technology and so on. Of course one thing
that is common is that these litigations have their roots in the financial crisis in
Wall Street.

Leading legal networking sites like lawyerahead.com has seen an increase in user
activity since the current turmoil just began. Legal teams have been working
overtime and trying to attract outside help as well to come up with strategies and
tactics to address the issues facing their clients. Lawyers who are registered with
legal networking sites say that since the past month or so, the numbers of corporate
clients signing up on these networking sites are constantly going up. In fact
according to some reports, the share of the user base in legal networking sites
between general users and corporate users have almost become equal.

With no rest in sight in the financial instability of economies around the world,
legal networking sites will only see more and more activity from corporate clients,
lawyers and general users who have been caught up in a legal row due to the
unprecedented mess made by the Wall Street.

About the company
Lawyerahead.com aims to help consumers find the right legal support for their legal
needs. Often choosing a lawyer is an important and difficult task for any consumer.
Lawyerahead.com narrows the gap here by providing a simple, guided process for
consumers to present their legal matters online and then by connecting those
consumers to lawyers in an efficient and effective manner. Unlike the yellow pages,
lawyerahead.com gives consumers multiple selections of lawyers to choose from as it
stands by that giving the consumers the option is a valuable tool when selecting the
right lawyer. Lawyerahead.com's community is constantly sharing their own legal
experiences allowing new consumers to learn from their insights and learning from
another who has already been there.

Lawyerahead, Inc also operates under www.lawyerahead.ca to better serve its Canadian
consumers looking for legal help for their legal needs.


Web Site: http://www.lawyerahead.ca/lawyers/

Contact Details: 176 highglen avenue
toronto, Ontario
L3S 1X4
Canada