For lawyers who lived through the 2008 recession, the economic upheaval from the coronavirus feels all too familiar.
In today’s episode, you’ll hear from Bill Brandt, founder of DSI Civic, a financial restructuring firm. Brandt, who for 35 years has helped handle workouts, turnarounds and restructurings for nearly 40 law firms, speaks with Law.com business of law editor Lizzy McLellan about the comparisons and contrasts between the Great Recession and the current situation for law firms. Next, Gina Passarella, editor-in-chief of Law.com affiliate The American Lawyer, talks to Keith Wetmore, who was chairman at Morrison & Foerster from 2000 to 2012 and guided his firm through some rocky years. Wetmore is now managing director at Major, Lindsey & Africa, a legal recruiting firm.