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Bloomberg Law: Bankruptcy Practices Scour Field for Resources on Rising DemandJuly 29, 2020
O’Melveny Global Restructuring practice chair John Rapisardi is quoted in this Bloomberg Law article discussing the heightened demand for bankruptcy and corporate restructuring expertise amid the Covid-19 pandemic. Economic uncertainty, corporate distress, and Chapter 11 filings are on the rise and law firms are looking to hire more restructuring attorneys, this article noted. Additionally, bankruptcy courses are newly popular at big firms in an effort to quickly train lawyers. “O’Melveny featured basic bankruptcy boot camp seminars for attorneys in its litigation and corporate groups since the pandemic began,” Rapisardi said.
Bloomberg Law subscribers can read the full article here.