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Lateral Market for Bankruptcy Lawyers Not Stifled By Chapter 11 Slowdown

By Dan Roe
December 01, 2021

After a year filled with filings, commercial Chapter 11 bankruptcies fell off a cliff in 2021, causing bankruptcy lawyers to work on out-of-court restructurings or pivot to practices with overlapping skills such as real estate and commercial litigation.

But the Chapter 11 slowdown, which started last winter and bottomed out this spring and summer, hasn't stifled the lateral market for experienced bankruptcy partners.

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