Lawyers

Capitalism Lesson #1: Don't Kill Anyone, Just Sue.

  From the Wall Street Journal: BEIJING — More than a thousand steel workers in China’s northeast staged an at-times violent protest against the planned takeover of their state-run employer and a group of them killed a top executive at the private company that was to acquire it, Chinese state-run media reported. How nice. So,…

TRB Quoted in Crain's NY

Pretty cool stuff… Crain’s NY has written extensively about the bankruptcy boom and what it means for the abundance of restructuring talent we have here in NYC.  They quoted me on my thesis that the lawyer crowd has replaced the finance crowd in many of our best steakhouses. Here’s the piece, from the New York,…

Bankruptcy Bubble Bonanza in the Big Apple

The bankruptcy boom has kept New York law firms and restructuring shops humming throughout the downturn as companies and whole industries have fallen apart. From Crain’s New York: The 1,217 corporate bankruptcy filings in New York’s Southern District so far this year are nearly double the number filed in second-place Delaware over the same period,…

Schadenfreude Pick of the Week: Lawyer Layoffs in NYC

[vodpod id=Groupvideo.2681542&w=425&h=350&fv=] OK guys, here’s your Schadenfreude Pick of the Week… From the New York Times: Now Mr. Verrier, who had worked exclusively at the century-old firm since leaving Harvard Law School in 1982, sat in his office high above 44th Street and Avenue of the Americas, considering the e-mail message he was about to…