Bankruptcy, Restructuring Work To Stay Strong In '10

Law360, New York (September 29, 2009, 12:33 PM EDT) -- Although the recession's end may finally be in sight, the market for bankruptcy and restructuring work is expected to remain robust in 2010, according to a new report on corporate legal spending by the BTI Consulting Group Inc. (Wellesley, Mass.)

Dwindling revenues, tight credit markets and declining consumer spending will keep bankruptcy and restructuring experts as busy as they have been in the past few years, with bankruptcy's market size expected to remain at $1.2 billion in 2010, and restructuring practices getting a slight 0.5 percent...
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