Boutiques Struggle To Keep Pace With Larger Firms

Law360, New York (May 3, 2006, 12:00 AM EDT) -- As bankruptcy proceedings grow increasingly complex, bankruptcy boutiques may have more difficulty staying on the cutting edge of the most important cases compared to larger firms with multiple disciplines.

Although only a couple sections of the Bankruptcy Code deal with labor matters, one bankruptcy case could face an onslaught of issues, such as employment, severance pay, hire contracts, termination or pension rights, that need to be handled on a daily basis and require attorneys that can address a number of esoteric areas.

“Boutiques will find it...
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