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Lawyers Beware

By Jim Walden & Allen Burton
May 02, 2005

In Open Water, one of last year's most successful independent films, two experienced divers are abandoned by the crew of a dive ship in shark-infested waters. They struggle throughout the film to keep their wits about them. Neither makes it out alive.

These days, the environment seems no less hostile for in-house and outside counsel. Facing employees who often lie, managers who increasingly view them with suspicion, a landslide of new rules and regulations, an ever-increasing pressure to cut budgetary corners, and prosecutors and regulators who expect endless self-flagellation, some lawyers have ended up in the belly of the beast.

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