Weekly Brief: Lawyers Laid Off After Foreclosure Settlement

Jan. 10 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia runs through the legal news for the week. A major settlement between Fannie Mae and several large banks has resulted in many lawyers suddenly finding themselves unemployed. Also, as the debate in Washington DC drags on, some believe the debt ceiling fight could end up in the courts. Finally, one former law student has taken an unorthodox approach to paying off his student loans.

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