Bankruptcy Boom A Boon To Employment Attorneys

Law360, New York (December 4, 2008, 12:00 AM EST) -- As corporate bankruptcy filings continue to soar in the wake of the economic crisis, struggling companies are increasingly turning to employment attorneys for advice on the myriad personnel issues companies face as they seek to reorganize or liquidate their assets.

With bankruptcy courts seeing the highest number of bankruptcy filings this year since 2005, including across a range of industries from venerable financial institutions such as Lehman Brothers Holdings Inc. to well-known retailers such as Circuit City Stores Inc., employment attorneys are seeing more work, as...
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