Restructuring To Outstrip Bankruptcy In '12, GCs Predict

Law360, New York (October 12, 2011, 3:32 PM EDT) -- The market for restructuring and bankruptcy legal services will continue to expand in 2012, though the increasing popularity of the former may hinder the growth of the latter, a new report on corporate legal spending says.

Spending on restructuring work is expected to grow by 2.1 percent over the next year, while bankruptcy spending is slated to increase by 1.8 percent, according to the Premium Practices Forecast 2012 report from The BTI Consulting Group (Wellesley, Mass.).

Both fields are poised to fare better than priority practices...
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