Community bankers tend to know their customers. For this reason, rural banks have fewer commercial loan defaults than those in cities, according to new research.
“This is an old story in banking,” said Finance Professor Keith Harvey at Boise State University of the link between personal relationships and trust. In rural communities, “there’s a reputation at ...
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It has become a maxim that there are too many lawyers and that there is ongoing softness in demand for legal services. (Parenthetically, I disagree; there is, in fact, a dislocation between the supply and the demand for specific legal services, which the organized bar has never been able to address successfully.) Assuming for the [...]
No one doubts the adage “time is money,” particularly in bringing construction projects on-line on time and on budget. Spend any time within spitting distance of a project and you’ll instantly feel the vibe; the crush of time pressures affects those involved in varying ways with multiple ripple effects. There's also pressure on contract negotiators [...]