Brian J. Lohan, left, and Maja Zerjal Fink, right, of Clifford Chance. Courtesy photos So Far in 2024, Law Firms Are Building on Bankruptcy
Clifford Chance joins Morrison Foerster, Seyfarth Shaw and Selendy Gay in making restructuring hires in recent days.
March 07, 2024 at 05:32 PM
3 minute read
What You Need to Know
- Several Big Law firms, including Seyfarth Shaw and Morrison Foerster, as well as midsize firm Selendy Gay, have announced bankruptcy and restructuring additions over the last few weeks.
- Clifford Chance also announced Thursday that Brian J. Lohan and Maja Zerjal Fink had joined the global restructuring and insolvency team in New York from Arnold & Porter.
- According to the latest Law Firm Financial Index report from Thomson Reuters, bankruptcy saw the highest demand growth of any other practices tracked by the organization in Q4 of last year.
With broad hopes for countercyclical consistency and a nearly 120% uptick in Chapter 11 filings in February specifically, law firms seem ready to use restructuring work as a significant plank in a profitable 2024.
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