The phrase describes a legal professional specializing in the defense of individuals and businesses accused of financially motivated, nonviolent crimes, who is conveniently located for potential clients. Examples of the types of cases handled by such attorneys include fraud, embezzlement, insider trading, and money laundering. Proximity is a key factor, allowing for easier communication and case management.
Engaging a legal representative with expertise in this area is crucial for individuals or entities facing allegations of financial misconduct. Their knowledge of complex regulations and legal procedures can significantly impact the outcome of a case. Historically, the need for specialized legal counsel in this domain has grown alongside the increasing complexity of financial markets and regulations.