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10 Prof. Liab. Litig. 1 (2013-2014)

handle is hein.aba/prolbit0010 and id is 1 raw text is: Fall 2013, Vol. 10 No. I TABLE OF CONTENTS Articles Users of Linkedin, Beware! By Karen Painter Randall and Steven A. Kroll Attorneys need to understand the state ethics rules governing lawyer social media before implementing a Linkedln page. Miranda v. Said: No Need to Get Emotional By Saleel V. Sabnis The recent Iowa Supreme Court ruling permitting emotional-distress damages in a legal-malpractice case is closer to the exception and not the new rule. Drafting an Enforceable Limitation-of-Liability Provision By Joshua D. Maggard Five things to consider to avoid invalidation of a professional-services contract. PCAOB Proposes New Auditing Standards to Expand Reporting Obligations By Amelia Toy Rudolph The board proposed new standards that, if adopted, would expand the nature and scope of disclosures in the auditors report on financial statements. PCAOB and SEC Alter Audit Landscape for Broker-Dealers By Gabriel A. Mendel, Sarah S. Peters, Gregory S. Amoroso, and Mac Knox The lingering consequences of Sarbanes-Oxley, Dodd-Frank, and the Bernie Madoff scandal continue to reverberate in both the accounting profession and the broker-dealer industry. SEC Discusses New Task Force and Changes to Settlement Policy By Elissa Preheim and Bret Finkelstein The SEC's new Financial Reporting and Audit Task Force will use analytical tools to identify and incubate cases in six focus areas, resulting in more fraud investigations. News & Developments)) Dismissal of Legal-Malpractice Claims Against DLA Piper Affirmed The Second Circuit agreed that the plaintiffs own substantial breaches proximately caused its damages, not any alleged legal malpractice of DLA Piper. Miss. High Court Affirms Liability Judgment, Reverses Damage Award The court upheld the trial court's judgment in a legal-malpractice case against Baker & McKenzie but reversed a damages award of more than $103 million. Could the End Be Near for the Fraud-on-the-Market Theory? Halliburton is challenging the presumption of reliance by asking the Supreme Court to either overturn or modify Basic Inc. v. Levinson.

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