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Show WESTERN Farial,, Ord3r &iurtmipl Univoraity of Utah Salt Lake City, Utah 64112 VOLUME 16, NUMBER 44 SALT LAKE CITY, UTAH Economic Periscope: Utah Supreme Court Decisions Economy, Wigs, Gas in Trouble, - Capsule - Nonpayment of Defective Boats QUASHING Not So Cruises SERVICE OF (Domestic Corn.), Plaintiff & Appellant i V. LOUIES BOATS & MOTORS (Foreign Corp.), Defendant Supreme Court: Plaintiff . . . cannot claim jurisdiction sanctioning litigation in Utah. Plaintiff counsel: Cotro-Mane-s, Fankhauser, & Beasley, 430 Judge Bldg., Paul Cotro-ManDefendant, counsel: Parsons, Behle & Latimer, LeRoy S. Axland, 520 Kearns Bldg. See detalla page 3. es Three Factors Vital In P.1, Defense Lawyer Choice - selecting counsel. The author, who is vice president of claims for Northwestern National The selMILWAUKEE (ACCN) ection of competent trial counsel, based upon three criteria of professionalism, is the first step toward establishing a maximally productive claim-ma- n trial counsel relationship, according to insurance executive LeRoy E. Kennedy. Kennedy has authored a series of articles on efficient legal effort in the defense against claims, appearing in For the Defense, monthly newsletter of the Defense Research Institute here. The first article to appear deals with the problems of Insurance Group, Milwaukee, proposes that there are three basic aspects involved in improving legal effort for the defense: Selection of counsel; working with counsel; and controlling legal expenses arising from the relationship. Considerations The claim man has the power to disburse fee dollars and should exercise sound discretion, con- comitant with that power, in the he selection of trial counsel, asserts. ATTORNEY GENERAL His choice should be based upon three criteria of professional standing: (1) credentials; (2) a high standard of functional performance; and (3) a high threshold of values OPINIONS Tax Exempt Status For Upper Colorado River Commission Property and ethics." The author cites an accredited law school degree and license to practice before a state court of record as the most fundamental creditial requirements. Credential value is increased by admittance to practice before various administrative bodies, higher appellate state courts and by admittance to the federal court system," Kennedy continues. See details page 5. 40 Hour Work Week No Designate Way To Accumulate See details page 7. Supreme Court Hears Schools Peer Acceptance But the most significant credential of a trial lawyer is evidence of acceptance by his peer group. This is a reflection that goes beyond his right to practice law and WASHINGTON' (UPI) The Surecognizes his skill and ability In heard Court. arguments preme that practice. He has met the March 1 in North Carolina and recognized standard of performance Virginia cases involving situations in the legal community. Most imin which predominately white parts portant, he has earned the trust of of two Southern school districts split his fellow practitioners." off and formed their own system. "The people of Scotland Neck (N.C.) never rebelled against insaid Atty. William T. Steel Labor Costs tegration, of Raleigh, N.C., But there Joyner has been a tremendous concern At High in 1971 about the quality of schools and one WASHINGTON Domestic steel concern has been the occurence of " from the city to industry employment costs per hour the white flight' e soared to an the suburbs. high during while the which exists 1971, He said the danger average number of everywhere (in school integration) persons on steelmaker payrolls fell is that people feel that to get a to its lowest level since 1939, quality education, children must go American Iron and Steel Institute has reported. .to private schools, so you get the Case Argument - - all-tim- while flight. The cases came to the high court from the NAACP Legal Defense Fund and the Justice Department after the Fourth U.S. Circuit Court of Appeals on Mar. 23, 1971 found the primary purpose" of the new alignment of school districts was not to continue segregation. WASHINGTON (ACCN) - The $90 billion mutual savings bank industry today endorsed recommendations of Economist Eliot Jane- the Presidential Commission on (ACCN) Financial Structure and Regulation way is a most unorthodox person. He to restructure the nations financial states, I am lowering my sights on institutions. Simultaneously, the the U.S. economy for the second time this year." He feels that a peak industry called for the introduction of auto sales has passed, that last of legislation in Congress that would Christmas sales were disap- implement the Commissions recommendations. pointing, Phase II is bogging down The endorsement and call for completely, Europe is in an ineconomic squeeze (with Japan legislative action came from leaders the here for dustry gathered wrecking the European price Annual Conference ol Washington structure in its desperate urge to National Association of Mutual the sell) and capital goods spending in two and Banks days of the U.S. will be nominal during 1972. Savings officials of the with top The stock market will tumble to 500 meetings Administration and members of on the Dow." He disagrees with the "new Congress. The Report of the Commission on prosperity concensus of most Financial Structure and Regulation,' economists. He accuses the Administration of stimulating the transmitted to President Nixon last economy at all costs to create December 22, recommended a package which would boom times by November 7. all types of financial inWashington is not capable of permit stitutions to serve the public better. managing the economy". JANEWAY THINKS that the Thrift institutions would be granted major metro areas' (except for powers to offer a broader range of Miami, Houston and San Diego) will consumer banking services, insuffer most. The South exported cluding individual checking acsome of its welfare problems to the counts and personal loans, and a North and remains in better dual charter alternative would be economic health. However, made available to mutual savings unemployment will remain high banks. At present, mutual savings nationwide. He thinks that the auto banks stand alone among deposit-typ-e institutions in being denied and homebuilding boom are through and will turn downward during 1972. access to a dual charter system. Relative to mortgage-oriente- d Ever since 1966 when corporate profits peaked out, we have been in a savings institutions, the ComBy Lee Ruwitch SUMMONS AFFIRMED HYDROSWIFT Savings Bank Group Asks Wider Powers According to AISI, employment costs per hour for steel wage earners averaged a record of $6.26 per hour for all of 1971. This is a jump of 58 cents an hour over the previous years $5.68 an hour. Steelmakers paid out $5,182,942,000 in wages and salaries last year. In 1970, these costs were $5,233,735,000. well-round- ed bear (downward) market. The economy lacks leadership from Washington and Nixon will be , conservative challenged by Ashbrook and like Republicans The Administration Buckley. hopes to get rid of Phase II without making it work. LOOK FOR A SERIES of devaluations in the months and years ahead. Gold will eventually be raised to $50 an oz. But, even that may not be adequate, to restore equilibrium. The government is exhausting its bag of tricks to stimulate the economy, while remains unemployment high. Yes, 1972 will be a good year; but beware 1973! Gas shortage exists in several areas of the U.S. Allocations to industry are required as energy consumption soars. The U.S. faces a problem of conserving energy resources. VACATION CRUISES are at the rate of more than 15 percent' a year. Most attract an elderly, sedate clientele. Now special interest cruises give people a basis for instant communication. Bridge cruises, singles voyages, music festivals, astronomy buffs and adventure in slimming" are all being scheduled. Convention cruises with sales meetings are tax deductible. The wig boom is over. Competition forced prices down 50 percent and profits disappeared. Wig nets hold heat and bind heads. However, the development of a capless wig constructed of light weight strands could revive the industry. RECENT SURVEYS reveal that the public believes less than half of all advertising is honest and in- formative. Look for more regulations to insure "truth in advertising". Direct mail ads are most and misleading, misrepresent exaggerate. The FTC should crack down hard on deceptive ads and false claims. mission's recommendations aim at improving their ability to attract savings throughout the volatile swings of the nations economic cycles, and by so doing, eliminate the availability of feast-or-fami- Schedules ABA Prepaid Legal Plans Seminar - A CHICAGO (ACCN) (Special) National Conference on Prepaid a concept similar Legal Services to group medical coverage will be at the Shoreham held Apnl Hotel, Washington, D.C., by the American Bar Association. Key topics will include regulation and supervision of prepaid legal services plans, and also the federal 27-2- 9, governments interest in this growing field. Plans currently in operation by e trade and unions, conand sumer groups, private organizations, as well as new and future developments in the insurance industry, will be detailed by experts in each field. In addition to labor officials, lawyers and insurance executives, participants are expected from non-trad- government agencies and law schools. Workshop sessions will be held covering such areas as the obstacles currently hindering prepaid plans from becoming fringe benefits, the concepts impact on the profession, and its impact on the public. Registration is open to all interested persons. The fee is $65 paid in advance and $75 at the door. Further information can be obtained by writing to the ABA, National Conference on Prepaid Legal Services, 1155 East 60lh Street, Chicago, . 111., 60637. mortgage funds for housing. The savings bank industry strongly endorses the basic thrust of the recomCommissions S. Alfred said Mills, mendations," president of NAMSB and chairman of the $2.5 billion New York Bank for Savings in New York City. The Commission has pointed out the untenability of preserving the status quo. It has provided for preserving the distinctiveness of the thrift industry within the financial system. It has, in short, shown the way for constructive financial change." Mills noted that the broadened service powers and federal charter alternative for savings banks recommended by the Commission have been objectives of the industry, and that savings bankers were therefore quite the eminent gratified that Presidential Commission has long-soug- ht basically concurred after 18 months of study and deliberation. Wage Bill Sets $2 Hour Floor, Wider Coverage WASHINGTON House (UPI) Democratic leaders have given top priority" to passage of a $2.00 an hour minimum wage bill which they said would create the jobs which the administration talks about but does not produce. Speaker Carl Albert and House Democratic Leader Hale Boggs told a news conference, March 2, they would push to clear the measure out of the House rules committee and bring it to the floor for action this month. The bulk of workers covered by minimum wage an estimated 35 million would go from the present $1.60 per hour to $2.00 on July 1, 1972. The Labor Department estimates at least 3.5 million of this work force, in is which concentrated now and retail jobs, manufacturing earn less than $2 an hour. A second class of workers, about 10 million in number, who work in schools, colleges, laundries, hotels and restaurants, would get $1.80 per hour July 1, and $2 a year later. An additional 1.2 million domestics" who work as cleaning women and maids would be covered in this group and be brought under minimum wage coverage for the first time. A third class of workers now covered by the law, such as certain agriculture workers and numbering about 500,000, would go from their present $1.30 per hour minimum wage to $1.50 on July 1, and to $1.70 a year later. The administration has proposed an increase of $1.80 per hour, July 1, for all the workers now covered by the law, going to $2 on Jan. 1, 1974, as well as increasing agriculture workers to a $1.45 also, on July 1, and to $1.60 on Jan. 1, 1974. The proposal would not bring new classes of workers under coverages as the Democratic bill proposes. With all of the economic indicators stressing the need to produce jobs and buying power, the Democratic leadership in the House has scheduled the minimum wage bill as a top priority , for early enactment," said Albert. so-call- ed non-agricult- |