Lee Legal keeps abreast of the local economy in Virginia, Maryland, and Washington, D.C. so you benefit from current developments. Lee Legal examines the legal and financial big picture to determine what options are best for you.

From income inequality to minimum wage to personal finance issues, we want you to feel comfortable with the solutions we present. Context is important.

At Least 42 Percent of Covid Layoffs Will Be Permanent

July 13, 2020 Brian V. Lee

Covid-19 is Also a Reallocation Shock, a recent white paper from the National Bureau of Economic Research, makes some troubling predictions for the U.S. economy. The researchers anticipate a drawn-out economic recovery from the Covid-19 shock, even if the pandemic [ . . . ]

Managing Your Personal Finances During a Recession

May 6, 2020 Brian V. Lee

Economists now agree that the American economy has entered a recession. Since March 2009, America has witnessed history’s longest bull market in which the S&P 500 rose 330 percent. Unfortunately, the party is over. The deadly and highly contagious coronavirus [ . . . ]

Getting Out of Debt Improves Judgment, Reduces Anxiety

December 17, 2019 Brian V. Lee

According to a new study, getting out of debt reduces anxiety and improves cognitive function. You can improve your decision-making ability by getting rid of your debt. The psychological costs of servicing debt Chronic indebtedness afflicts rich and poor nations [ . . . ]

The Robocalls Must Stop

September 10, 2019 Brian V. Lee

Illegal scam robocalls comprised roughly a quarter of the 26 billion robocalls placed to U.S. mobile numbers in 2018. Unwanted solicitations, get-rich-quick schemes, health insurance rackets, car warranty extension offers, timeshare spam, technical support shakedowns, and IRS and Social Security [ . . . ]

Debt Doesn’t Just Disappear

May 28, 2019 LaTashia Williams

Debt collector phone calls and collection letters in the mail are never welcome yet must be dealt with all the same. For some, ignoring their debt is a direct result of not having the money to pay the debt. But know [ . . . ]

How to Close the Bank of Mom and Dad

April 5, 2019 LaTashia Williams

Parents are and always have been an immediate financial resource for their children, even if their children are grown adults in their 20s, 30s and even 40s. Regardless of relation, parents should not be viewed as a bank. Part of [ . . . ]

Retail Therapy Is a Symptom, Not a Cure

March 15, 2019 LaTashia Williams

Americans love to shop.  The shopping process can be an emotionally gratifying experience, allowing us to exercise freedom of choice and expression. But contemplating and planning our purchase generates excitement which combats stress. Oftentimes, retail therapy is a symptom of [ . . . ]

9 Best Personal Finance Apps of 2019

March 6, 2019 LaTashia Williams

Personal money management can be a formidable task. Tracking expenses while keeping up your bank balance is just one item. Bill payments, saving, investments, and credit score all comprise our personal finances. Personal finance apps to the rescue! The best [ . . . ]

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